WebExpenses - About the company
WebExpenses is an acquired company based in Witney (United Kingdom), founded in 2000 by James Brewis. It operates as a Business Expense Software. WebExpenses has raised an undisclosed amount in funding from Tenzing. The company has 383 active competitors, including 68 funded and 68 that have exited. Its top competitors include companies like Ramp, Navan and Pleo.
Company Details
WebExpenses allows an employee to build and submit expense claims across any device with their system – desktop, laptop, tablet or mobile. He can even snap or email receipts, and submit his full claim straight to his approver. It has features like mileage verification, carbon tracking, receipt repository, pre-trip approval, petty cash management, line item rejection, single sign-on etc. It allows the finance team to control the expense policy across organization with inbuilt management, reporting and security features.
- Website
- webexpenses.com
- Email ID
- *****@webexpenses.com
- Registered Address
- Austin,Texas
Key Metrics
Founded Year
2000
Location
Witney, United Kingdom
Stage
Acquired
Latest Funding Round
Ranked
34th among 383 active competitors
Employee Count
132 as on Sep 30, 2026
Exit Details
Acquired by ELMO Software (Dec 17, 2020)
Legal entities associated with WebExpenses
WebExpenses is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Webexpenses Limited CIN: 12029215 , United Kingdom, Active | Jun 03, 2019 | - | - | |
WEBEXPENSES PTY LTD CIN: 609537877 , Australia, Active | Nov 26, 2015 | - | - | |
SIGNIFO LTD CIN: 3922382 , Germany, Active | Feb 08, 2000 | - | 68 (As on Mar 31, 2022) | |
WEBEXPENSES INC CIN: 371841503 , United States, Active | Dec 31, 1999 | - | 1 (As on Dec 31, 2024) | - |
WebExpenses's acquisition details
WebExpenses got acquired by ELMO Software on Dec 17, 2020.
Click here to take a look at WebExpenses's acquisition in detail
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WebExpenses's funding and investors
WebExpenses has raised funding over 1 round. Its latest funding round was a PE round on Dec 04, 2023 for $*****. 1 investor participated in its latest round. WebExpenses has 2 institutional investors.
Here is the list of recent funding rounds of WebExpenses:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 04, 2023 | 1736635 | PE | 2160361 | 2861394 | 6909569 | 7470887 |
View details of WebExpenses's funding rounds and investors
WebExpenses' founders and board of directors
Founder? Claim ProfileThe founders of WebExpenses is James Brewis.
Here are the details of WebExpenses' key team members:
- James Brewis: Founder and Managing Director of WebExpenses.
- Adam Reynolds: CEO of WebExpenses.
View details of WebExpenses's Founder profiles and Board Members
WebExpenses' employee count trend
WebExpenses has 132 employees as of Sep 26. Here is WebExpenses's employee count trend over the years:
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WebExpenses's Competitors and alternates
Top competitors of WebExpenses include Ramp, Navan and Pleo. Here is the list of Top 10 competitors of WebExpenses, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ramp 2019, New York City (United States), Series F | Provider of a platform for spend management, corporate cards, and payables | $3.22B | 84/100 | |
2nd | Navan 2015, Palo Alto (United States), Public | Provider of a platform for business travel and expense management | $1.58B | 80/100 | |
3rd | Provider of spend management platform with virtual and physical card options | $434M | 80/100 | ||
4th | Brex 2017, San Francisco (United States), Acquired | Provider of financial software platform, cards, banking, expense, and accounting | $1.2B | 80/100 | |
5th | Provider of software for managing corporate spending and invoice processing | $304M | 77/100 | ||
6th | Emburse 2002, San Francisco (United States), Acquired | Provider of software for managing corporate travel and expense reporting | $7.5M | 76/100 | |
7th | Concur 1988, Bellevue (United States), Acquired | Provider of travel, expense, and invoice management solutions for businesses | - | 75/100 | |
8th | Marqeta 2010, Oakland (United States), Public | Provider of a platform for modern card issuing and payment solutions | $528M | 75/100 | |
9th | Expensify 2008, San Francisco (United States), Public | Provider of expense management software, corporate cards, and travel booking | $27.8M | 74/100 | |
10th | Provider of corporate spend management software and business credit cards | $204M | 71/100 | ||
34th | WebExpenses 2000, Witney (United Kingdom), Acquired | Business Expense Software | - | 58/100 |
Looking for more details on WebExpenses's competitors? Click here to see the top ones
WebExpenses's Investments and acquisitions
WebExpenses has made no investments or acquisitions yet.
Reports related to WebExpenses
Here is the latest report on WebExpenses's sector:
News related to WebExpenses
•
Tenzing’s Investment in WebexpensesGlobal Legal Chronicle•Dec 08, 2023•Osborne Clarke, WebExpenses, Tenzing
•
Wise Platform and Allica Bank form cross-border payments partnershipThe Paypers•Dec 05, 2023•Allica Bank, Wise, WebExpenses
•
Gateley Legal advises ELMO Software Limited on the acquisition of expense management platform, WebexpensesBdaily•Jan 22, 2021•ELMO Software, WebExpenses
•
•
Top Expense Management Provider Expands Globally, Increases Service OfferingsPR Newswire•Mar 05, 2019•WebExpenses
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