SherpaShare
- Company typePrivate
- Founded2014
- HeadquartersPalo Alto, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingSoftware
SherpaShare firmographics
Firmographics- Name
- SherpaShare
- Legal name
- SherpaShare
- Website
- https://sherpashare.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
SherpaShare industry classification
Industry- Product category
- Mileage Tracking Software
- NAICS
- Payroll Services (541214)
- SIC
- Transportation Services (4700)
- akta.pro primary industry
- Mileage & Trip Expense Capture (Odometer, GPS-Based, Per-Diem) (TLABAMAE)
- akta.pro secondary industries
- Driver Expense Management & Reimbursement (T&E for Drivers) (TLABAMAF), Expense Management & Reimbursements Administration (BPACAIAH)
Keywords
Where SherpaShare is headquartered
LocationHeadquarters
- HQ city
- Palo Alto
- HQ country
- United States
- HQ region
- North America
Markets served
SherpaShare business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Freemium Individual Tier: Free mileage tracking app for individual users with automatic tracking and tax savings features
- Teams/Organization Subscription: Paid subscription for organizations to streamline mileage tracking and reimbursements for their workforce. Contact-based pricing for teams segment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free individual mileage tracking |
| Subscription | Monthly | Teams/Organization Plan |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
SherpaShare product offering
Product offeringCore offering
SherpaShare operates "Simple," a free GPS-based mobile application that automatically logs vehicle mileage for tax deduction purposes at $0.58 per mile. The company also offers "Simple for Teams," a paid subscription extension that enables organizations to centralize mileage tracking and manage employee reimbursement workflows.
Product overview
SherpaShare offers Simple, a unified mileage tracking platform consisting of two products: Simple (the core free mileage tracking app for individual users) and Simple for Teams (an organizational add-on for managing team mileage tracking and reimbursements). The core product provides automatic, GPS-based mileage logging with tax savings calculations, while the Teams product extends these capabilities to businesses needing centralized tracking and reimbursement workflows.
Differentiator
Problem solved
Functional benefit
Products and services
- Simple
Quantifiable outcome
- $0.58 per mile tax savings
Companies that use SherpaShare
Customer profileSegments2 records
Ideal customer profiles2 records
SherpaShare technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
SherpaShare partnerships and signals
Strategic signalScale indicators1 record
Recent moves5 records
Expansion highlights4 records
SherpaShare competitors and assessment
Company assessmentDirect peers
- Stride (FreeTaxUSA affiliate): Free mileage tracking plus self-employed tax and insurance tools targeting gig workers; competes head-to-head with Simple on the free individual driver proposition.
- Everlance: Automatic mileage and expense tracking app for self-employed drivers and small businesses; directly comparable on GPS-based mileage capture, tax-deduction calculation, and a paid Teams/Enterprise tier.
- Hurdlr: Mileage, income, and expense tracker for freelancers and gig workers with automatic GPS tracking; overlaps directly with SherpaShare on driver mileage logging and tax-savings calculation.
- MileIQ: Automatic GPS-based mileage tracker owned by Microsoft; directly competes with SherpaShare/Simple in the consumer and SMB mileage-logging category with a freemium model and tax-deduction focus.
- TripLog: Automatic and manual mileage tracker with IRS-compliant logs and reimbursement features for individuals, fleets, and enterprises; matches Simple across consumer and organizational mileage workflows.
Broad incumbents
- SAP Concur: Enterprise expense and travel management incumbent with mileage reimbursement as part of its broader T&E suite; represents the upper-bound competitor for Simple for Teams in mid-market and enterprise deals.
- Expensify: Public expense management platform with mileage capture as one feature in a much broader expense, card, and bill-pay suite; competes with Simple for Teams via its reimbursement and reporting workflows.
- Motus: Vehicle and mileage management platform for mid-market and enterprise fleets; offers GPS-based mileage capture and reimbursement at greater scale, comparable to Simple for Teams' organizational use case.
Emerging players
- Driversnote: Automatic mileage tracking app with strong European presence; comparable GPS-based mileage capture and reimbursement workflow to SherpaShare, though primarily serving non-US markets.
- Gridwise: All-in-one app for gig and rideshare drivers including mileage tracking, earnings, and tax tools; partial overlap with Simple as a mileage-tracking feature within a broader driver-utility app.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
SherpaShare social profiles
Digital presenceSherpaShare financial estimates
Financial estimateRevenue estimate
Valuation estimate
SherpaShare leadership team
Management profileNumber of profiles
Profiles1 record
SherpaShare funding detail
Funding detailFunding overview
Funding rounds1 record
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SherpaShare M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SherpaShare
What does SherpaShare do?
SherpaShare operates "Simple," a free GPS-based mobile application that automatically logs vehicle mileage for tax deduction purposes at $0.58 per mile. The company also offers "Simple for Teams," a paid subscription extension that enables organizations to centralize mileage tracking and manage employee reimbursement workflows.
Is SherpaShare a public or private company?
SherpaShare is a private company. It is classified as venture growth investor backed and is currently operating.
When was SherpaShare founded?
SherpaShare was founded in 2014. It employs 1 to 10 people.
Where is SherpaShare based?
SherpaShare is headquartered in Palo Alto, United States, in the North America region.
How does SherpaShare make money?
Two revenue lines are on record. Freemium Individual Tier is the primary driver. The others are teams/Organization Subscription.
Who are SherpaShare's main competitors?
Direct peers on record are Stride (FreeTaxUSA affiliate), Everlance, Hurdlr, MileIQ and TripLog. Broad incumbents are SAP Concur, Expensify and Motus. Emerging players are Driversnote and Gridwise.
Does SherpaShare have an API?
No public API is recorded for SherpaShare.
What industry is SherpaShare in?
SherpaShare's product category is Mileage Tracking Software. Its primary akta.pro industry code is TLABAMAE, Mileage & Trip Expense Capture (Odometer, GPS-Based, Per-Diem), with a secondary code of TLABAMAF, Driver Expense Management & Reimbursement (T&E for Drivers). Its NAICS code is 541214 and its SIC code is 4700.