Airbase
Airbase provides a cloud-based spend management platform combining accounts payable automation, expense management, corporate cards, and guided procurement, serving mid-market companies, SMEs, and growth-stage startups; the company was acquired by Paylocity in October 2024 and now operates as Paylocity for Finance.
- Company typePrivate
- Founded2017
- HeadquartersSan Francisco, United States
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What Airbase does
Airbase is a San Francisco-based spend management software company founded in 2017 by Thejo Kote, offering a unified cloud platform that combines accounts payable automation, expense management, corporate cards, and guided procurement for mid-market companies, SMEs, and growth-stage startups. The platform's core architecture integrates corporate card issuance, bill payment, and approval workflows with native bi-directional ERP integrations (notably Oracle NetSuite) and AI-powered capabilities including the Touchless Accounts Payable system, which uses machine learning and generative AI for automated invoice capture, categorization, and anomaly detection. Airbase operates a dual go-to-market motion: a quote-based enterprise sales model for mid-market and enterprise customers alongside a freemium Airbase Essentials tier (free for companies under 100 employees) that drives self-serve SMB adoption. Revenue is generated primarily through annual subscription SaaS contracts tailored to company size and module mix; the company reported $96.6M ARR in 2024 with approximately 300 employees.
In September 2024, Paylocity (NASDAQ: PCTY) announced a definitive agreement to acquire Airbase for approximately $325 million in cash, with the deal closing in October 2024. Airbase now operates as a wholly-owned subsidiary under the "Airbase by Paylocity" brand, and in July 2025 Paylocity launched "Paylocity for Finance," integrating Airbase's spend management modules with Paylocity's HCM platform to offer unified management of payroll and non-payroll expenses across Paylocity's nearly 40,000-client base.
Airbase firmographics
Firmographics- Name
- Airbase
- Legal name
- Airbase Inc.
- Website
- https://airbase.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Acquired
- Headcount range
- 251–500 employees
- Short description
- Airbase provides a cloud-based spend management platform combining accounts payable automation, expense management, corporate cards, and guided procurement, serving mid-market companies, SMEs, and growth-stage startups; the company was acquired by Paylocity in October 2024 and now operates as Paylocity for Finance.
- Ownership category
- akta.pro rank
Airbase industry classification
Industry- Product category
- Spend Management Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- B2B SaaS & Enterprise Personalization (CRM, Sales, Support) (HDAAAGAJ)
- akta.pro secondary industry
- End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA)
Keywords
Where Airbase is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Airbase business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Subscription SaaS: Subscription-based pricing model for spend management platform including AP automation, expense management, corporate cards, and procurement modules
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Quote-based pricing for mid-market and enterprise |
| Freemium | Monthly | Airbase Essentials - Free tier for companies under 100 employees |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
Airbase product offering
Product offeringCore offering
Airbase provides a cloud-based spend management platform that unifies corporate cards, accounts payable automation, expense management, and guided procurement into a single system. It uses AI, machine learning, and rules-based automation to enable touchless invoice and expense processing, real-time spend visibility, and approval workflows. The platform is targeted at fast-growing mid-market and enterprise finance teams, with a separate free Essentials tier for small companies.
Product overview
Airbase operates as a unified spend management platform consisting of multiple integrated modules. The core platform combines accounts payable automation, expense management, corporate cards, and guided procurement into a single system. Additional offerings include Bill Payments+ for expanded bill payment capabilities and Touchless Accounts Payable for AI-powered invoice processing. Following its acquisition by Paylocity, the platform is now branded as Paylocity for Finance and integrates with Paylocity's HCM platform to provide unified management of both payroll and non-payroll expenses.
Differentiator
Problem solved
Functional benefit
Products and services
- Spend Management Platform
- Bill Payments+
- Paylocity for Finance
Quantifiable outcome
- Touchless automation eliminates manual expense reporting through AI-powered capture and categorization
- +1 more outcomes
Companies that use Airbase
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Airbase technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability5 records
Feature2 records
Airbase partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- PaylocitycoreAcquired by Paylocity for approximately $325 million in October 2024; integrating spend management capabilities with Paylocity's HCM platform to create unified payroll and non-payroll spend management for nearly 40,000 Paylocity clients
- Oracle NetSuitecoreNative bi-directional integration with Oracle NetSuite ERP providing real-time data synchronization, 3-way PO matching, and multi-entity support for financial close cycles
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Airbase competitors and assessment
Company assessmentMarket position
Strengths4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Airbase social profiles
Digital presenceAirbase financial estimates
Financial estimateRevenue estimate
Valuation estimate
Airbase leadership team
Management profileNumber of profiles
Profiles7 records
Airbase funding detail
Funding detailFunding overview
Funding rounds5 records
Investors15 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Airbase M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Airbase
What does Airbase do?
Airbase provides a cloud-based spend management platform that unifies corporate cards, accounts payable automation, expense management, and guided procurement into a single system. It uses AI, machine learning, and rules-based automation to enable touchless invoice and expense processing, real-time spend visibility, and approval workflows. The platform is targeted at fast-growing mid-market and enterprise finance teams, with a separate free Essentials tier for small companies.
Is Airbase a public or private company?
Airbase is a private company. It is classified as corporate owned and is currently acquired.
When was Airbase founded?
Airbase was founded in 2017. It employs 251 to 500 people.
Where is Airbase based?
Airbase is headquartered in San Francisco, United States, in the North America region.
How does Airbase make money?
One revenue line is on record: subscription SaaS.
Does Airbase have an API?
No public API is recorded for Airbase.
What industry is Airbase in?
Airbase's product category is Spend Management Software. Its primary akta.pro industry code is HDAAAGAJ, B2B SaaS & Enterprise Personalization (CRM, Sales, Support), with a secondary code of HDAEANAA, End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management). Its NAICS code is 51821 and its SIC code is 6199.