Expense Cloud

Los Angeles, United States Founded: 2008 • Age: 18 yrs Acquired By TriNet
An expense reporting software for simplified financial tracking.
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About Expense Cloud

Expense Cloud is a company based in Los Angeles (United States) founded in 2008 by Eric Sikola was acquired by TriNet in May 2012. It operates as a B2B. The company has 2,738 employees as of December 31, 2020. Expense Cloud operates in a competitive market with competitors including Ramp, Brex, Navan, Spendesk and Concur, among others.

  • Headquarter Los Angeles, United States
  • Employees 2738 as on 31 Dec, 2020
  • Founders Eric Sikola
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Trinet Group, Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    2738

    as on Dec 31, 2020

  • Acquired by
    TriNet

    (May 08, 2012)

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Funding Insights of Expense Cloud

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Expense Cloud

Expense Cloud has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include TriNet. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Cloud-based HRMS platform is offered for small and medium businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Expense Cloud

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Expense Cloud

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Expense Cloud Comparisons

Employees
+
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Competitors of Expense Cloud

Expense Cloud 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 Ramp, Brex, Navan, Spendesk and Concur, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Spend management and accounts payable solutions are delivered to businesses.
domain founded_year HQ Location
SaaS-driven credit card and spend management solutions platform for businesses
domain founded_year HQ Location
Corporate travel and expense management are facilitated through SaaS platform.
domain founded_year HQ Location
Provider of prepaid cards for financial benefits of employees
domain founded_year HQ Location
Corporate travel expenses and invoices are managed via SaaS platform.
domain founded_year HQ Location
Corporate cards and expense management are offered to businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Expense Cloud

Frequently Asked Questions about Expense Cloud

When was Expense Cloud founded?

Expense Cloud was founded in 2008.

Where is Expense Cloud located?

Expense Cloud is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

How many employees does Expense Cloud have?

As of Dec 31, 2020, the latest employee count at Expense Cloud is 2,738.

What does Expense Cloud do?

Expense Cloud an expense reporting software for simplified financial tracking through leveraging cutting-edge technology, software, financial management, and expense reporting. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of Expense Cloud?

Expense Cloud's top competitors include Navan, Ramp and Brex.

Who are Expense Cloud's investors?

Expense Cloud has 1 investor. Key investors include TriNet.

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