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Overview
Airbase provides a spend management platform that consolidates procurement, AP automation, expense management, and corporate card programs in one cloud-based system. It works by offering guided procurement workflows, automatic AP processing, expense tracking, and real-time spend visibility with controls and compliance across users worldwide. Airbase differentiates itself by offering an integrated end-to-end solution with strong visibility and global deployment, rather than point solutions. Its goal is to help businesses simplify and automate how they procure, pay, and account for spend, reducing manual effort and improving financial control.
About Airbase
Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
201-500
Company Stage
Acquired
Total Funding
$240.5M
Headquarters
San Francisco, California
Founded
2017
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Simplify's Take
What believers are saying
- July 22, 2025 launch gives Paylocity a credible Office of CFO expansion.
- 2025 Gartner named Airbase a Visionary, strengthening enterprise sales conversations.
- Paylocity’s 2026 newsroom keeps shipping around finance, signaling continued product investment.
What critics are saying
- Paylocity must integrate Airbase flawlessly or buyers default to Rippling and SAP Concur.
- The October 2024 acquisition diluted fiscal 2025 EBITDA by 100 basis points.
- Airbase by Paylocity can vanish as a standalone brand inside Paylocity’s broader suite.
What makes Airbase unique
- Paylocity for Finance unifies Airbase with HCM using the employee record.
- Airbase bundles AP, expenses, cards, procurement, and headcount planning inside one suite.
- July 2025 launch added AP automation in 200 countries and Fall 2025 mobile access.
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Funding
Total Funding
$240.5M
Above
Industry Average
Funded Over
5 Rounds
BoxGroup
First Round Capital
Menlo Ventures
Craft VenturesGrowth & Insights and Company News
6 month growth
↓ -16%1 year growth
↓ -16%2 year growth
↓ -1%Ramp, a fintech company, has reached a $16 billion valuation following a $200 million funding round. The company offers a platform that automates expense tracking, enforces spending policies, and provides real-time financial insights. Ramp differentiates itself by allowing businesses to issue unlimited virtual and physical corporate credit cards with customizable controls, such as spending limits and merchant category restrictions.
Airbase was named the #1 Momentum Leader in by G2 in the most recent Spring reports, highlighting the increasing capabilities of the Paylocity platform.
San Francisco, CA - September 26 - Airbase, the leading procure-to-pay solution for mid-market and larger organizations, is excited to announce a new era in financial operations with its launch of AI-powered Touchless AP (accounts payable).
On Thursday, Paylocity (NASDAQ:PCTY) Holding Corporation (NASDAQ:PCTY) maintained its Buy rating and a stock price target of $171.00, following the announcement of its acquisition of Airbase, a private finance and spend management solution provider.
Acquisition to expand Paylocity’s total addressable market to the Office of the CFO and provide capabilities for clients to holistically manage all...
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About Airbase
Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
201-500
Company Stage
Acquired
Total Funding
$240.5M
Headquarters
San Francisco, California
Founded
2017
There are no jobs for Airbase right now.
Find jobs on Simplify and start your career today