About Xpenditure
Xpenditure is a Travel & Hospitality company based in Mechelen (Belgium) founded in 2011, and was acquired by Sodexo in March 2017. Receipts are digitized, stored, and managed for small businesses. It operates in the Travel & Hospitality and Technology sectors. Xpenditure has raised $6.95 million across 2 funding rounds from investors including Sodexo. Xpenditure offers products and services including Rydoo Platform, Expense App, Smart Audit, and Expense Cards. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Procure to Pay. Its legal entity is RYDOO.
Company details
Xpenditure is an expenses management app that allows anyone with a smartphone, a tablet or simply a webcam to digitize, store and manage receipts. It was created with the freelancer and small business owner in mind. After a free trial, basic users pay 5 per user per month. This covers all of the basic features of both the web and mobile apps. However, to add groups and role permissions, to integrate with existing business software, or to build and mananage a plan of more than 15 users, businesses will be required to upgrade to the Pro version, which is available for 7 per user per month.
Products & Services of Xpenditure
Xpenditure offers a comprehensive portfolio of products and services, including Rydoo Platform, Expense App, Smart Audit, and Expense Cards.
Platform for automating business expense processes and compliance.
App for quick expense submission and tracking.
AI system to detect and flag non-compliant expenses.
Virtual cards for controlled and secure spending.
Apps and channels of Xpenditure
its YouTube channel Rydoo has 641 subscribers and 30 videos.
Videos from Xpenditure
The most watched videos on Xpenditure's YouTube channel, Rydoo (641 subscribers). Click a video to play it here.
More on Rydoo.
Funding Insights of Xpenditure
Xpenditure has successfully raised a total of $6.95M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.7 million completed in October 2015. 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 $6.95M
- Total Rounds 2
- Last Round Series A — $5.7M
- First Round $1.25M
(Oct 2014)
All 2 funding rounds of Xpenditure 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 |
|---|---|---|---|---|---|
| Oct 2015 | $5.7M | Series A | – | – | – |
| Oct 2014 | $1.25M | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Xpenditure
Xpenditure has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sodexo.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Employee benefits payment cards are provided via an online platform. | 1966 | sodexo.com |
Investor details for Xpenditure
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Xpenditure
4 dated milestones of Xpenditure across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Xpenditure is founded.
- Funding First funding round of $1.2M.
- Funding Latest funding round, Series A, of $5.7M.
- Exit Acquired by Sodexo.
Web traffic of Xpenditure
Websites that share an audience with Xpenditure (xpenditure.com).
Websites whose visitors overlap most with Xpenditure. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ironsidegroup.com | 100% | 2.2K | #7,450,990 | View details | |
gipmbh.de | gipmbh.de | 96% | #4,483,567 | – | |
datev.de | datev.de | 95% | #5,660 | – | |
| teamtreehouse.com | 95% | 330.9K | #148,124 | View details | |
| getapp.com | 95% | 675K | #99,060 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Xpenditure
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 12 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Xpenditure
Complete news archive for Xpenditure
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Frequently Asked Questions about Xpenditure
Xpenditure was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Xpenditure is headquartered in Mechelen, Belgium. It is registered at Mechelen, Antwerp, Belgium.
Xpenditure is a funded company, having raised a total of $6.95M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.25M, raised on Oct 2014.
Xpenditure is an expenses management app that allows anyone with a smartphone, a tablet or simply a webcam to digitize, store and manage receipts. It was created with the freelancer and small business owner in mind. After a free trial, basic users pay 5 per user per month. This covers all of the basic features of both the web and mobile apps. However, to add groups and role permissions, to integrate with existing business software, or to build and mananage a plan of more than 15 users, businesses will be required to upgrade to the Pro version, which is available for 7 per user per month.
Xpenditure offers Rydoo Platform, Expense App, Smart Audit, and Expense Cards.
Xpenditure has 1 investor. Key investors include Sodexo.
Xpenditure operates through Rydoo.
Yes. Xpenditure was acquired by Sodexo in March 2017.