Certify, LLC Overview
Pro stress-test →Certify is an integrated travel, expense, and invoice management software company founded in 2008. The company offers cloud-based applications for travel and expense report management solutions and provides pricing, implementation, and global support services. Certify competes as a mid-market player in the expense management software vertical, positioned primarily in North America.
Strategic Profile
Pro stress-test →Certify was acquired by K1 Investment Management in a deal worth $100 million that closed in late May 2017, which consolidated multiple expense management brands under its platform. K1 integrated Nexonia, ExpenseWatch, and Tallie under the Certify umbrella, which resulted in Certify doubling its revenue and tripling its customer count to more than 800 corporations. Certify competes against established players such as SAP Concur, Coupa, and Emburse.
Competitive Landscape
Pro stress-test →The combined company is positioned behind SAP Concur, the largest expense management software company. Certify competes in a dynamic market against established players such as SAP Concur, Coupa, and Emburse. The expense management software market faces consolidation pressures and increasing competition from integrated financial platforms.
Industry Context
Certify, LLC operates in Expense management software.
Key facts
Founded: 2008 · Headquarters: Portland, ME, US · Employees: 500-1,000 · Revenue: $136.0M