Emburse is a unified expense and spend management platform for mid-market and enterprise companies. Formed in 2022 through the merger of Divvy (founded 2013 by Ryan Smith and Alex Zalman) and Expensify (founded 2008 by David Barrett), Emburse combines over a decade of expertise automating corporate finance workflows. Headquartered in San Francisco with offices across five major US cities, the company employs approximately 1,100 people and serves thousands of enterprise customers globally. The platform automates expense reporting, receipt processing, receipt capture, spend analytics, and corporate card management. The strategic merger consolidated two complementary platforms to create a comprehensive spend management solution, positioning Emburse as the dominant player in an otherwise fragmented market. The company remains private and is backed by substantial venture funding, with continued investment in product innovation and international expansion.
Emburse operates as an engineering-centric, customer-driven organization that values speed and transparency. The company maintains a hybrid-first work culture across distributed US teams, emphasizing ownership and direct customer feedback in product decisions. As a merged entity combining two strong engineering cultures, the organization balances autonomy with collaborative problem-solving. Hiring focuses on hiring for customer obsession and technical rigor, with a flat structure that encourages direct impact on product and strategy decisions.
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| Round | Closed | Amount | Investors |
|---|---|---|---|
| Series C | Jan 2019 | $700.0M | (Expensify historical round) |
| Series B | Jan 2018 | $200.0M | (Divvy historical round) |