About Airbase
Airbase is a company based in San Francisco (United States) founded in 2017 by Thejo Kote was acquired by Paylocity in September 2024. Airbase has raised $90.5 million across 5 funding rounds from investors including Goldman Sachs, Paylocity and Menlo Ventures. Airbase operates in a competitive market with competitors including Brex, Ramp, Navan, Tipalti and Sage Group, among others.
- Headquarter San Francisco, United States
- Founders Thejo Kote
- Stage Minicorn
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Sectors
Travel & HospitalityTechnology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$90.5 M (USD)
in 5 rounds
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Latest Funding Round
$150 M (USD), Debt – Conventional
Jul 15, 2022
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Investors
Goldman Sachs
& 14 more
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Employee Count
Not available
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Acquired by
Paylocity
(Sep 04, 2024)
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People of Airbase
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Software Development Team
81 people
Product Management Team
58 people
Data Analysis and Operations Team
19 people
Finance and Accounting
9 people
Principal Team
8 people
Leadership Team
6 people
Senior Team
5 people
Team Team
5 people
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Funding Insights of Airbase
Airbase has successfully raised a total of $90.5M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $150 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Airbase
Airbase has secured backing from 15 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Goldman Sachs, Paylocity and Menlo Ventures.
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Investment banking services are delivered across multiple financial sectors.
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Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
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Venture capital fund focused on SaaS and consumer sectors
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Investor details for Airbase
Investor domains, locations, round participation, and complete history require an active premium plan.
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Airbase
Investment portfolio details for Airbase
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- Transaction dates
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Financial Statements - Airbase
Detailed financials for Airbase
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
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Airbase Comparisons
Peer comparison for Airbase
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of Airbase
Airbase operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Brex, Ramp, Navan, Tipalti and Sage Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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SaaS-driven credit card and spend management solutions platform for businesses
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Spend management and accounts payable solutions are delivered to businesses.
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Corporate travel and expense management are facilitated through SaaS platform.
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Cloud-based procurement and invoice management solutions are offered to businesses.
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Cloud-based accounting and payroll solutions for small and medium businesses
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Cloud-based end-to-end spend management software is delivered for businesses.
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Detailed competitors of Airbase
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Airbase
Complete news archive for Airbase
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Frequently Asked Questions about Airbase
Airbase was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Airbase is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Thejo Kote is the current CEO of Airbase. They have also founded this company.
Airbase is a funded company, having raised a total of $90.5M across 5 funding rounds to date.
Airbase was founded in 2017 and is headquartered in San Francisco, United States. Software solutions for procure-to-pay processes are provided, encompassing spend management, pre-approvals, payments, and accounts payable handling. Integration capabilities with systems such as NetSuite, QuickBooks, and Xero are supported. A mobile application is available for Android and iOS platforms to facilitate user access.
Airbase has 15 investors. Key investors include Goldman Sachs, Paylocity, Menlo Ventures, Craft Ventures, and Bain Capital Ventures.
The valuation of Airbase is $600M as of Jun 2021.