Expensify was founded by David Barrett in May of 2008 with a dream of ridding the world of the frustration of expense reports. In September 2008, Expensify launched an "alpha" product in September at the TechCrunch and was picked "DemoPit 2nd Place" winner. We worked hard over the winter and launched a "beta" in March 2009, demoed it at FinovateStartup 2009, and things started to get exciting.
We raised $1M in May 2009, hired a few more engineers and went to Istanbul for a month in order to write our award-winning Salesforce.com application. Later in the year we demoed an integration of Outright and Expensify at TechCrunch50 2009.
With big visions for the future we launched Expensify 1.0 shortly thereafter in December of the same year. With a technologically sound product we raised $5.7M in September of 2010 to keep funding the war against sucky expense reports. Some of that money was used to bring on board some more people to clean up the rough edges, which we then took to the Philippines to focus on redesigning our UI. Since then we have continued to grow our product and team, traveling the world (India, Vietnam, Thailand and Croatia most recently). Maybe you can spot us in San Francisco, snapping pics of our receipts.