About Expend
Expend is a company based in London (United Kingdom) founded in 2015 by Johnny Vowles and Rudolph Graan. Expend has raised $2.65 million across 3 funding rounds from investors including Oxford Technology. The company has 11 employees. Expend operates in a competitive market with competitors including Spendesk, Sodexo, Concur, Pleo and Marqeta, among others.
- Headquarter London, United Kingdom
- Employees 11
- Founders Johnny Vowles, Rudolph Graan
- SectorsTechnologyTravel & Hospitality Financial Services
- Email••••••••
- Phone•••• ••••
- Website expend.com
- Social LinkedIn X Facebook
- Legal Name Expend Limited
- Date of Incorporation 16 May, 2013
- Jurisdiction LONDON, ENGLAND
- Total Equity Funding$2.65M (USD)
in 3 rounds
- Latest Funding Round$713.06K (USD), Seed
May 2021
- Investors
- Employee Count11
Funding Insights of Expend
Expend has successfully raised a total of $2.65M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $713.06 thousand completed in May 2021. 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.
- Total Funding $2.65M
- Total Rounds 3
- Last Round Seed — $713,058
- First Round $315,410
(Dec 2016)
- Investors Count 1
All 3 funding rounds of Expend with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2021 | $713,058 | Seed | – | – | – |
| Jul 2019 | $1.62M | Seed | – | – | – |
| Dec 2016 | $315,410 | Seed | – | Oxford Technology | – |
1 investors in total: 1 institutional.
Investors in Expend
Expend has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Oxford Technology.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage micro-VC investments are focused on UK companies. | 1983 | oxfordtechnology.com | - |
Investor details for Expend
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People of Expend
2 people are tracked at Expend (2 in leadership); the tracked headcount is 11.
| Name | Role | Group |
|---|---|---|
Johnny Vowles | Founder & CEO | Leadership |
Rudolph Graan | Founder & CTO | Leadership |
Complete people profiles for Expend
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Expend
3 dated milestones of Expend across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Expend is founded.
- Funding First funding round of $315K.
- Funding Latest funding round, Seed, of $713K.
Competitors of Expend
Expend 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 Spendesk, Sodexo, Concur, Pleo and Marqeta, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| spendesk.com | 2016 | Paris, France | $303.82M | – | Provider of prepaid cards for financial benefits of employees | |
| sodexo.com | 1966 | – | – | 423,000 | Employee benefits payment cards are provided via an online platform. | |
| concur.com | 1988 | Bellevue, United States | – | – | Corporate travel expenses and invoices are managed via SaaS platform. | |
| pleo.io | 2015 | Copenhagen, Denmark | $434.02M | 149 | SaaS expense management solutions for business travel are provided. | |
| marqeta.com | 2010 | Oakland, United States | $528.11M | 854 | Card-issuing and payment processing solutions are offered to businesses. | |
| tryjeeves.com | 2019 | New York, United States | $268M | – | Payment and corporate financial cards are provided digitally by Jeeves. | |
| way2vat.com | 2015 | Tel Aviv, Israel | $5M | – | Travel expenses for businesses are managed via an online platform. | |
| soldo.com | 2014 | London, United Kingdom | $309.84M | – | SaaS-driven corporate cards for expense management are provided. | |
| payhawk.com | 2018 | Sofia, Bulgaria | $239.17M | – | Cloud-based expense management is offered for corporate travelers. | |
| thanksben.com | 2019 | London, United Kingdom | $18.5M | 27 | Prepaid cards are issued for managing employee benefits across categories. |
Detailed competitors of Expend
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Expend
The website of Expend (expend.com) receives about 12.5K visits a month.
- Monthly visits12.5K
Websites whose visitors overlap most with Expend. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| payhawk.com | 100% | 293.9K | #113,977 | View details | |
| gosimpletax.com | 100% | 185.8K | #348,995 | View details |
Latest news on Expend
Complete news archive for Expend
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Similar companies to Expend
10 companies that operate in the same segment as Expend (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | – | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, United States | USD 235.41 M | USD 4.95 M | 260 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | – | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 20,400 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 508.73 M | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Cloud-based HRMS software is offered for small and medium-sized businesses. | 2016 | Barcelona, Catalonia, Spain | USD 369.25 M | – | – |
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Frequently Asked Questions about Expend
Expend was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Expend is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Johnny Vowles is the current CEO of Expend. They have also founded this company.
Expend is a funded company, having raised a total of $2.65M across 3 funding rounds to date. The company's 1st funding round was a Seed of $315.41K, raised on Dec 2016.
Expend has 11 employees.
Expend was founded in 2015 and is headquartered in London, United Kingdom. Operations focus on the fintech sector, where AI-driven software is utilized for expense management. Services include invoice scanning, travel mileage tracking, expense processing, cash management, reporting, reimbursement, automated receipt handling, reconciliation, and accounting simplification. Employee cards are provided for travel and expense oversight.
Expend has 1 investor. Key investors include Oxford Technology.
Expend operates through Expend Limited.