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Expensify Priced, Nasdaq: EXFY

Provides a cloud-based expense management software platform for SMBs.

Industry: Technology

Latest Trade: $1.60 -0.03 (-1.8%)

First Day Return: +52.1%

Return from IPO: -94.0%

Industry: Technology

Expensify is a cloud-based expense management software platform that helps the smallest to the largest businesses simplify the way they manage money. Every day, people from all walks of life in organizations around the world use Expensify to scan and reimburse receipts from flights, hotels, coffee shops, office supplies and ride shares. Since our founding in 2008, we have added over 10 million members to our community, and processed and automated over 1.1 billion expense transactions on our platform, freeing people to spend less time managing expenses and more time doing the things they love. For the quarter ended June 30, 2021, an average of 639,000 paid members across 53,000 companies and over 200 countries and territories used Expensify to make money easy. Since the beginning of Expensify, our North Star has been improving the experience of the actual end users of expense management software: everyday employees. We designed Expensify to be easy to set up, integrate, configure and use from any device, which has enabled us to serve employees of all types and organizations of all sizes, industries and geographies.
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IPO Data
IPO File Date 10/15/2021
Offer Price $27.00
Price Range $25.00 - $27.00
Offer Shares (mm) 9.7
Deal Size ($mm) $263
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/09/2021
Offer Price $27.00
Price Range $25.00 - $27.00
Offer Shares (mm) 9.7
Deal Size ($mm) $263
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
J.P. Morgan
Citi
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Company Data
Headquarters Portland, OR, United States
Founded 2009
Employees 140
Website www.expensify.com

Expensify (EXFY) Performance