About Everlance
Everlance is a company based in San Francisco (United States) founded in 2015 was acquired by Motus in February 2025. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Everlance has raised $250 thousand across 1 funding round from investors including Motus and Financial Solutions Lab. Everlance has completed 1 acquisition, including TrackMyDrive. Everlance offers products and services including Mileage Tracking, Expense Tracking, FAVR Program, and Everlance Payments. Everlance operates in a competitive market with competitors including Brex, Ramp, Navan, Pleo and Airbase, among others.
- Headquarter San Francisco, United States
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TechnologyTravel & Hospitality
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- Legal Name Everlance
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Products & Services of Everlance
Everlance offers a comprehensive portfolio of products and services, including Mileage Tracking, Expense Tracking, FAVR Program, and Everlance Payments.
Automatic mileage logs are created for tax purposes.
Expenses are tracked automatically for easy tax filing.
Reimbursement design is managed for fixed variable rates.
Hands-free mileage payments are facilitated for users easily.
People of Everlance
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Funding Insights of Everlance
Everlance has successfully raised a total of $250K through 1 strategic funding round. The most recent funding activity was a Seed round of $250 thousand completed in June 2016. 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 Everlance
Everlance has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Motus and Financial Solutions Lab.
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Fintech startups are accelerated through focused programs in Chicago.
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Technology solutions for fleet, asset, and workforce management are provided.
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Investor details for Everlance
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Investments & Acquisitions by Everlance
Everlance has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TrackMyDrive.
Investment portfolio details for Everlance
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Business mileage is tracked through a smartphone application.
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Complete acquisition details for Everlance
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Financial Statements - Everlance
Detailed financials for Everlance
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Everlance Comparisons
Peer comparison for Everlance
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Competitors of Everlance
Everlance 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, Pleo and Airbase, among others.
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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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SaaS expense management solutions for business travel are provided.
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Procure-to-pay management software is offered for business operations.
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Corporate cards and expense management are offered to businesses.
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Detailed competitors of Everlance
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Latest news on Everlance
Complete news archive for Everlance
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Frequently Asked Questions about Everlance
Everlance was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Everlance is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Everlance is a funded company, having raised a total of $250K across 1 funding round to date.
Everlance is focused on providing mileage and expense tracking solutions for businesses, freelancers, and self-employed individuals. Services are offered in the financial software sector, targeting tax deduction maximization and reimbursement management. Automated tools for mileage logs, expense categorization, and IRS-compliant reporting are developed to simplify administrative tasks. Solutions are tailored for both corporate and individual use, ensuring accurate tracking and easy integration with HR systems.
Everlance offers Mileage Tracking, Expense Tracking, FAVR Program, and Everlance Payments.
Everlance has made 1 acquisition, including TrackMyDrive.
Everlance has 2 investors. Key investors include Motus, and Financial Solutions Lab.