Tunisian expense-reporting startup Expensya raises funding

Funding Rounds

Summary

Tunisia-based expense reporting startup Expensya has raised an undisclosed amount of funding in order to allow it to improve its technology and expand to new markets. The startup now employs almost 20 people selling its services across 23 markets, including the European Union (EU), Australia, the United States (US) and South Africa. France is the company’s biggest market, and founder Karim Jouini told Disrupt Africa Expensya has now raised funding from Tunisian and French angel investors, as well as public investment bank Bpifrance. “These funds will help us sustain our growth, improve our tech, and go to markets where we need higher investment, like Spain,” Jouini said. Once you do that, you realise that the longest and most painful task is still on your shoulders, managing your expenses and those of your employees.” Expensya is there to help with that, with the company expanding rapidly since its launch.

$ Funding

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Amount - Total raised
Date May 25, 2016 Announcement date
Investors Bpifrance Lead investors
Company http://www.expensya.com Funded company

Classifications

industries
No industries detected
applications
Accounting and Taxes

AskAI Classifications

Labels
Expense Management Software SaaS Financial Software

Linked Companies

Expensya
$10M to $25M