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92
Mechelen, Belgium / Lisbon, Portugal Late Stage (PE-Backed)

Global Compliance & Expense Automation

Rydoo • Led by Sebastien Marchon (CEO), Xpenditure/iAlbatros Founders

🔒 Confidential
COI SCORE 92 VERIFIED

🔬 The Innovation Core

The Pain Point

Multi-national companies struggle with complex, country-specific expense regulations (e.g., German 'Per Diems', UK VAT recovery) which generic US-based expense tools fail to handle, leading to compliance risks and manual auditing bottlenecks.

The Solution

A mobile-first expense platform built specifically for *global* compliance. It combines AI-driven OCR (Optical Character Recognition) with a 'Compliance Engine' that automatically calculates complex daily allowances and mileage rates across 60+ countries without user input.

⚡ Verified Impact

● Validated
1M+ Active UsersUser Base
< 20 Seconds per ExpenseProcess Speed
10,000+ CompaniesClient Count
4.9/5 (Top Rated)CSAT Score
CERTIFICATION

Gold Standard

TRL 9/9

📊 Market Traction

Revenue History ($M)

Market Share

🧠 Analyst Verdict: Global Compliance Leader

"Rydoo has carved a deep moat in the European and enterprise mid-market by solving the 'boring' problem of cross-border compliance better than anyone else. While competitors like Brex focus on issuing cards, Rydoo differentiates by ensuring that complex regulatory frameworks (like EU per diems) are handled automatically, making it the preferred choice for multi-nationals."

✅ Pros

  • Regulatory Logic: Native handling of complex European 'Per Diems' and VAT recovery rules that baffle US competitors.
  • UX/UI: Consistently rated #1 for 'Ease of Use' due to its 'Snap & Process' mobile workflow that requires zero manual entry.
  • Smart Audit: AI agent that flags duplicates and out-of-policy spend in real-time before finance even sees the report.

⚠️ Risks

  • Card Issuance: While they have 'Rydoo Cards', they are less dominant in the 'Corporate Card' banking space compared to Brex or Ramp.
  • US Presence: Brand awareness in North America trails behind Expensify and Concur despite superior UI.
  • ERP Reliance: Heavily dependent on integrations (SAP/NetSuite) rather than being a standalone accounting suite.

🛠️ Use Cases

💡
Per Diem Management

Automatically calculating complex multi-leg trip allowances for German/Belgian employees.

💡
VAT Recovery

Extracting line-item data to maximize tax reclamation on international travel.

💡
No-Touch Processing

'Auto-approve' workflows for low-value expenses (e.g., coffee under $10) to save manager time.

Market Maturity

Stop Guessing.
Know What's Deployable.

Marketing brochures look the same for TRL-3 (Concept) and TRL-9 (Proven) tech. Our radar cuts through the noise, showing you exactly if this innovation has crossed the "Pilot-to-Production" chasm.

9

Commercial Grade

Fully audited operational history. Ready for scale.

6

Prototype / Pilot

Functional in relevant environments. High risk, high reward.

Current Maturity Status

TRL Score 9.0 / 9.0
  • check_circle Technology validated in lab (TRL 4)
  • check_circle System prototype demonstration (TRL 7)
  • check_circle Actual system proven in operations (TRL 9)
Transparency

Forensic Evidence Chain

We don't just "approve" listings. We build a permanent, immutable audit trail for every verified claim. See exactly what was checked, when, and by whom.

View Sample Audit Report →

Technical Diligence

> Architecture Review: PASS
> Security Audit: ISO 27001
> Scalability Test: 10k TPS

Customer Verification

> Client Interview: #8821
> Deployment Status: LIVE
> ROI Confirmed: 18% Savings

Certification Issued

STATUS: VERIFIED verified

Enterprise Action Center

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🚀
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💡
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⭐
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🛡️
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