Tag: expensify

Expensify S-1 is available

If you’ve been curious about Portland’s Expensify going public, the S-1 is now available for your reading pleasure. The high notes? They plan to raise $243 million by selling about 10 million shares priced between $23-$25 range. And they plan to trade on Nasdaq under the symbol EXFY.

And from my personal perspective, I don’t ever recall reading an S-1 — and I’ve read quite a few — that reference a motivation to “Get shit done.” But this one does.

Another local IPO announced… and this one is actually in Portland

Lately, there’s been a great deal of breathless media coverage about the recent spate of local initial public offerings. Especially because they’ve come after a lengthy drought for the region, in that regard. But all of these local IPOs have one curious thing in common: none of them were actually Portland companies. Absci is in Vancouver. Dutch Bros is Grants Pass. And ESS is Wilsonville. But now, a Portland tech company promises to truly end the dearth of Portland — and Portland tech — IPOs. Expensify has filed to go public.

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