Rydoo Strengths, Domain Expertise, and Key Differentiators
Rydoo launched to help employees claim back time with their user-friendly app designed to eliminate business travel and expense processes. From logging receipts to booking flights and accommodation with just a few clicks, Rydoo is a platform for travel bookings and expenses using just one system. The SaaS platform helps workforces unlock their full potential, by not wasting hours searching for flights and hotels or filling out expense reports. Rydoo is providing a full camera scanning experience delivering a fast, frictionless experience for all users. This improvement is aligned with the ambition to offer the smoothest and most efficient user experience to all customers, supporting the digitization of their expense management.
Rydoo Recent Developments
In 2020, Rydoo introduced its "Clean and Safe" hotel booking feature to help business travelers identify hotels adhering to health and safety protocols. Partnering with major hotel chains like NH Hotels and Sheraton, Rydoo made safety details—like cleaning practices and distancing measures—visible on booking pages. The platform also enhanced its expense management solution with advanced receipt scanning, supporting multi-page scans and delegated submissions, streamlining the entire digital expense process.
Rydoo Mergers and Acquisitions (M&A) Activities
In 2017, Sodexo acquired Xpenditure and iAlbatros, and merged them, creating Rydoo.
Rydoo Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Rydoo applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Rydoo and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Rydoo Expense Management System customers.
Rydoo Overview
Hendrik Consciencestraat 40/42
Mechelen, x, 2800, Belgium
32 1448-0209
https://www.rydoo.com/
Ownership: - Sodexo Group, Marlin Equity Partners
Number of Employees: 150
Functional Markets: ERP Financial,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, CPG, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,
Rydoo Key Enterprise and Cloud Applications
Rydoo Expense Management System
Rydoo Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Rydoo Revenue Breakdown By Type, $M:
Rydoo Enterprise Applications Revenues By Functional Markets, $M:
Rydoo Enterprise Applications Revenues By Verticals, $M:
Rydoo Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Rydoo Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Rydoo Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Rydoo Customers
No. of Rydoo Customers: 12000
No. of Rydoo Enterprise Applications Customers: 12000
No. of Rydoo Cloud Customers: 12000
No. of Rydoo Cloud Subscribers: 1000000
Rydoo, a SaaS platform for travel and expense management, supports over 1 million users and 12,000+ clients—including Deloitte, Burger King, Lidl, Jaguar, and Haribo. Designed to streamline finance workflows, especially in remote settings, Rydoo enables users to submit expenses in under 30 seconds. Its latest updates offer an improved user experience and powerful analytics through the Rydoo Insights module, helping finance teams make faster, data-driven decisions.
Rydoo Market Opportunities, M&A and Geo Expansions
Rydoo has sold its Travel business unit to CDS Group, marking a strategic shift toward focusing solely on expense management. This move supports CDS Group's goal to become a European leader in hotel booking solutions, aiming for €500M in business volume. Despite Rydoo Travel’s rapid growth since 2017, the divestment aligns with Rydoo’s broader vision. Backed by a 2021 investment from Marlin Equity Partners, Rydoo is now focused on expanding its global footprint in the expense management space. The platform supports multi-entity configurations, ensuring global visibility and local compliance, and integrates via API or SFTP.
Rydoo Risks and Challenges
Within the organizational framework of Sodexo, the autonomy to make independent decisions is notably constrained.
Rydoo Ecosystem, Partners, Resellers and SI
Rydoo operates on the Azure platform and integrates with major accounting and ERP systems, such as Microsoft Dynamics, SAP, and Oracle.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/About Ushttps://www.appsruntheworld.com/taxonomy
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