About ExpenseWatch
ExpenseWatch is a company based in Plymouth Meeting (United States) founded in 2000 was acquired by Nexonia in March 2016.. ExpenseWatch has raised $7 million across 1 funding round from investors including Nexonia and Bezos Expeditions. ExpenseWatch offers products and services including Expense Management, Travel Management, AP Automation, and Analytics. ExpenseWatch operates in a competitive market with competitors including Brex, Ramp, Navan, Airbase and Emburse, among others.
- Headquarter Plymouth Meeting, United States
-
Sectors
TechnologyTravel & Hospitality
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Expensewatch Inc
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of ExpenseWatch
ExpenseWatch offers a comprehensive portfolio of products and services, including Expense Management, Travel Management, AP Automation, and Analytics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for tracking and controlling business expenses efficiently
Tools for automating travel bookings and compliance monitoring
System to streamline invoice processing and payments
Solutions for monitoring cash flow and identifying wasteful spending
Funding Insights of ExpenseWatch
ExpenseWatch has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Series A round of $7 million completed in August 2005. 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 Total Funding
- Total Rounds 1
- Last Round Series A — $7.0M
-
First Round
First Round
(15 Aug 2005)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2005 | Amount | Series A - ExpenseWatch | Valuation |
investors |
|
| 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 |
Investors in ExpenseWatch
ExpenseWatch has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Nexonia and Bezos Expeditions. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investment management and philanthropic ventures linked to Bezos Expeditions.
|
Founded Year | Domain | Location | |
|
Provides expense reporting, invoice management, and travel booking for businesses worldwide.
|
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 ExpenseWatch
| 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 - ExpenseWatch
| 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 |
Expensewatch Comparisons
Competitors of ExpenseWatch
ExpenseWatch 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, Airbase and Emburse, 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 |
SaaS-driven credit card and spend management solutions platform for businesses
|
|
| domain | founded_year | HQ Location |
Spend management and accounts payable solutions are delivered to businesses.
|
|
| domain | founded_year | HQ Location |
Corporate travel and expense management are facilitated through SaaS platform.
|
|
| domain | founded_year | HQ Location |
Procure-to-pay management software is offered for business operations.
|
|
| domain | founded_year | HQ Location |
Corporate cards and expense management are offered to businesses.
|
|
| domain | founded_year | HQ Location |
SaaS expense management solutions for business travel are provided.
|
| 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 Expensewatch
Frequently Asked Questions about ExpenseWatch
When was ExpenseWatch founded?
ExpenseWatch was founded in 2000 and raised its 1st funding round 5 years after it was founded.
Where is ExpenseWatch located?
ExpenseWatch is headquartered in Plymouth Meeting, United States. It is registered at Plymouth Meeting, Pennsylvania, United States.
Is ExpenseWatch a funded company?
ExpenseWatch is a funded company, having raised a total of $7M across 1 funding round to date. The company's 1st funding round was a Series A of $7M, raised on Aug 15, 2005.
What does ExpenseWatch do?
ExpenseWatch was founded in 2000 in Plymouth Meeting, United States, focusing on the spend management sector. Expense reporting and management tools are offered through a platform that enables organizations to track and regulate spending across operations. A private equity buyout by Bezos Expeditions was completed in April 2007, followed by an acquisition by Nexonia in 2016. Services include organization-wide expense oversight for businesses.
Who are the top competitors of ExpenseWatch?
What products or services does ExpenseWatch offer?
ExpenseWatch offers Expense Management, Travel Management, AP Automation, and Analytics.
Who are ExpenseWatch's investors?
ExpenseWatch has 2 investors. Key investors include Nexonia, and Bezos Expeditions.