Rydoo
Rydoo is a Belgium-based, Sodexo-owned SaaS platform that automates business expense management, corporate cards, and AI-driven AP automation for multinational finance teams across 130+ countries.
- Company typePrivate
- Founded2016
- HeadquartersMechelen, Belgium
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Rydoo does
Rydoo is a Belgium-headquartered SaaS provider of business expense management software, operating as a wholly owned subsidiary of Sodexo and serving multinational finance teams across 130+ countries. The platform automates employee expense capture, approval, policy compliance, and reimbursement, with additional modules for corporate cards, mileage and per diem management, travel and expense integration, and (since the July 2025 acquisition of Norway-based Semine) AI-driven accounts payable automation. Core product surfaces are the Rydoo Expense Management web application, a mobile app ranked #1 in its category by G2, and add-on products including Rydoo Expense Cards, Smart Audit, and the AI Expense Policy Assistant. The technology stack is a cloud-based SaaS platform built on Microsoft Azure with OCR-powered receipt scanning, computer vision and NLP for compliance enforcement, anomaly detection for duplicate, manipulated, and AI-generated receipts, and machine learning for invoice processing inherited from Semine. Deep integrations with 17+ named partners span ERP (SAP S/4HANA, Oracle NetSuite, Microsoft Dynamics 365), HR (Workday, Personio, HiBob, BambooHR), travel (Egencia/AMEX GBT, Uber), corporate cards (Mastercard, Visa), and accounting (Xero, Sage, DATEV). Revenue is generated through subscription-based SaaS contracts, primarily annual billing under a quote-based Enterprise tier with custom implementation, dedicated customer success, and multilingual support, targeting CFOs and finance shared services at large organizations rather than SMB self-serve. The company holds ISO 27001 certification, SOC 2 Type 2 attestation, and GDPR compliance, and operates legal entities in Belgium, Poland, Portugal, France, Brazil, and the United States.
Rydoo firmographics
Firmographics- Name
- Rydoo
- Legal name
- Rydoo NV
- Website
- https://rydoo.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Rydoo is a Belgium-based, Sodexo-owned SaaS platform that automates business expense management, corporate cards, and AI-driven AP automation for multinational finance teams across 130+ countries.
- Ownership category
- akta.pro rank
Rydoo industry classification
Industry- Product category
- Expense Management Software
- NAICS
- Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Expense Management & Reimbursements Administration (BPACAIAH)
Keywords
Where Rydoo is headquartered
LocationHeadquarters
- HQ city
- Mechelen
- HQ country
- Belgium
- HQ region
- Europe
Offices5 records
Markets served
Rydoo business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Subscription-based SaaS: Rydoo operates on a subscription recurring revenue model, offering expense management software on a per-user basis with tiered pricing plans (Enterprise, Professional). The company expanded into AP automation through the Semine acquisition, adding accounts payable automation to its platform. Pricing is quote-based for Enterprise tier with custom implementation and support packages.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise Plan - for large multinational organizations |
Distribution channels4 records
Marketing channels9 records
Rydoo product offering
Product offeringCore offering
Rydoo provides AI-powered business expense management software that automates expense capture, policy enforcement, approvals, and reimbursements across 80+ countries. The platform combines a core Expense Management product with a mobile app, virtual and physical corporate cards (Rydoo Cards), and AI-driven accounts payable automation acquired via Semine in July 2025. It integrates with 35+ ERP, HR, accounting, and travel systems to deliver end-to-end spend visibility for multinational finance teams.
Product overview
Rydoo is a smart expense management platform offered as a unified platform with modular components. The core offering consists of the Rydoo Expense Management platform and Mobile Expense App for capturing, approving, and managing employee expenses. The platform extends through add-on modules including Rydoo Expense Cards (virtual and physical corporate cards) and Accounts Payable automation acquired via Semine (July 2025) for end-to-end spend visibility. Feature modules include AI-powered capabilities: the AI Expense Policy Assistant for instant policy answers, Smart Audit for detecting non-compliant and fraudulent expenses, Receipt Scanner with OCR technology, Per Diem Management, automated Expense Approvals, Mileage Tracking, Credit Card Reconciliation, and Reimbursements. The platform integrates with 35+ third-party Finance, ERP, HR, and Travel tools including SAP, NetSuite, Workday, and offers local compliance data for 80+ countries. Results include 7.7x recurring ROI, 74% productivity gains, and 4x expense management efficiency improvement.
Differentiator
Problem solved
Functional benefit
Brands
- Rydoo Smart Audit: AI-powered expense monitoring assistant that analyses all expense claims, detects duplicates and non-compliant expenses, and identifies manipulated and AI-generated receipts
- Rydoo Cards
- AI Expense Policy Assistant
- Semine by Rydoo
Products and services
- Rydoo Expense Management Smart expense management software for capturing, tracking, and managing employee business expenses with real-time visibility, automated approvals, AI-powered policy compliance, and ERP synchronization.
- Rydoo Mobile Expense App Mobile expense capture app available on iOS and Android, ranked the #1 expensing app by G2, used by employees to upload receipts, log mileage, and sync with travel apps in real time.
- Rydoo Accounts Payable (via Semine by Rydoo) AI-driven accounts payable automation platform (Semine by Rydoo) that uses machine learning and pattern recognition to process invoices across 25+ countries in Europe, providing end-to-end spend visibility alongside expense management.
- Rydoo Expense Cards Smart virtual and physical corporate cards for one-time and recurring purchases, integrated with the expense management platform for automated reconciliation and real-time spend visibility.
- Rydoo Travel and Expense Integrated travel and expense management solution combining booking capabilities with expense tracking for comprehensive corporate travel spend visibility, integrated with Egencia (Amex GBT).
Quantifiable outcome
- 7.7x recurring ROI for Enterprise customers
- +5 more outcomes
Companies that use Rydoo
Customer profileNamed customers14 records
Segments7 records
Ideal customer profiles3 records
Rydoo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration17 records
AI capability9 records
Feature8 records
Rydoo partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- Advantage Travel PartnershipcoreRydoo partnered with Advantage Travel Partnership to provide real-time traveler activity and expense visibility for member travel agencies while reducing manual tasks for finance teams. The partnership integrates Rydoo's travel and expense management platform with Advantage's network of travel agencies to enhance services for corporate travel buyers.
- DomominorDomo was appointed as strategic AI and data partner alongside Rydoo within the Advantage Travel Partnership ecosystem. Domo provides advanced analytics, dashboards, and AI-powered workflow automation for member agencies.
- University of Edinburgh Traveltech Innovation HubminorPartnership enables member agencies to participate in innovation programs and explore AI and data-driven solutions across the travel lifecycle.
- SeminecoreRydoo acquired Norway-based Semine, an AI-powered accounts payable automation company, to expand its platform with automated AP capabilities. The deal integrates Semine's AI invoice processing with Rydoo's global expense tracking workflows to offer finance teams end-to-end spend visibility across Europe. Semine serves over 10,000 clients across 25 countries.
- SAP S/4HANAcoreAutomated SAP connectivity with standard connector for SAP S/4HANA and SAP ECC synchronization. Rydoo is SAP Compatible.
- Egencia (AMEX GBT)coreTravel and expense management integration with Egencia for streamlined corporate travel booking and expense reconciliation.
- WorkdaycoreIntegration ensures employee data is always consistent and up-to-date between Rydoo and Workday HR systems without manual hassle.
- Oracle NetSuitecoreAutomatic export of expenses from Rydoo to NetSuite in near real-time with bidirectional sync capabilities.
- MastercardcoreIntegration for corporate card data synchronization and real-time expense visibility.
- VisacoreIntegration for corporate card data synchronization and real-time expense visibility.
Scale indicators13 records
Recent moves7 records
Rydoo competitors and assessment
Company assessmentBroad incumbents
- Zoho Expense: Expense management module within Zoho's broader business application suite. Overlaps with Rydoo on expense reporting and approvals, but is part of a wider Zoho portfolio rather than a specialized T&E platform.
Direct peers
- Ramp: US corporate card, expense, bill pay, and AP automation platform. Directly overlaps with Rydoo's expense + AP roadmap, with aggressive enterprise expansion and a strong US install base.
- Pleo: European spend management platform combining corporate cards with expense management. Directly competes with Rydoo on the European mid-market for cards + expense, with overlapping customer segments and feature sets.
- Brex: US-based corporate card and expense platform expanding into AP automation. Competes with Rydoo on card-based expense control, with stronger US enterprise presence and significant capital backing.
- SAP Concur: Largest enterprise travel and expense management platform, owned by SAP. Directly competes with Rydoo on global T&E, expense reporting, and policy compliance, with native ERP integration advantages within SAP install base.
- Spendesk: European spend management platform with corporate cards, expense management, and AP automation. Highly comparable to Rydoo's post-Semine positioning, targeting similar European mid-market finance teams.
- Payhawk: European spend management platform unifying corporate cards, expense management, and AP. Directly competes with Rydoo on multinational enterprise expense workflows and is often cited in competitive comparisons.
- Expensify: Public expense management SaaS offering receipt scanning, card transactions, and bill pay. Directly competes with Rydoo on core expense reporting workflows, particularly for SMB and mid-market customers.
- Emburse: Enterprise expense and AP automation suite including Chrome River and Certify. Competes with Rydoo on enterprise T&E and AP, particularly in larger multinational deployments.
- Airbase: Spend management platform combining corporate cards, expense management, and AP automation. Closely comparable to Rydoo's post-Semine product scope, targeting similar mid-market and enterprise finance teams.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights8 records
Customer concentration
Rydoo social profiles
Digital presenceRydoo compliance and trust
Trust signalCompliance3 records
Rydoo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Rydoo leadership team
Management profileNumber of profiles
Profiles11 records
Rydoo subsidiaries and ownership
Company hierarchySubsidiaries1 record
Rydoo funding detail
Funding detailFunding overview
Funding rounds3 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Rydoo M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Rydoo
What does Rydoo do?
Rydoo provides AI-powered business expense management software that automates expense capture, policy enforcement, approvals, and reimbursements across 80+ countries. The platform combines a core Expense Management product with a mobile app, virtual and physical corporate cards (Rydoo Cards), and AI-driven accounts payable automation acquired via Semine in July 2025. It integrates with 35+ ERP, HR, accounting, and travel systems to deliver end-to-end spend visibility for multinational finance teams.
Is Rydoo a public or private company?
Rydoo is a private company. It is classified as corporate owned and is currently operating.
When was Rydoo founded?
Rydoo was founded in 2016. It employs 101 to 250 people.
Where is Rydoo based?
Rydoo is headquartered in Mechelen, Belgium, in the Europe region.
How does Rydoo make money?
One revenue line is on record: subscription-based SaaS.
Who are Rydoo's main competitors?
Zoho Expense is listed as a broad incumbent. Direct peers are Ramp, Pleo, Brex, SAP Concur, Spendesk, Payhawk, Expensify, Emburse and Airbase.
Does Rydoo have an API?
No public API is recorded for Rydoo.
What industry is Rydoo in?
Rydoo's product category is Expense Management Software. Its primary akta.pro industry code is BPACAIAH, Expense Management & Reimbursements Administration. Its NAICS code is 54121 and its SIC code is 7372.