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 launched its brand new Clean and Safe hotel booking feature to give business travellers increased peace of mind as many starts to travel again for work. The Clean and Safe tag features on the hotel result pages to inform the user whether a hotel has re-opened and is following safety regulations, helping to keep travelers protected as the world begins to re-emerge into a new environment. The Rydoo team has collected up-to-date information from the most booked independent hotels and hotel chains including NH Hotels, CitizenM, Golden Tulip, Sheraton, and more, in a bid to help business travelers choose rooms they feel comfortable staying in. Rydoo users will be able to see all safety information provided by the hotels including cleaning practices, safety features such as hand sanitizer being provided, physical distancing measures including the time between room vacancies, and food & drink protocols.
Rydoo updated its expense management solution with a full receipt scanning experience. The feature includes scan, multi-page scan, and delegation of expense receipts to provide a full digital experience to organizations’ expense management processes.
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
Ownership: - Sodexo Group, Marlin Equity Partners
Number of Employees: 300
Functional Markets: ERP Financial,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
Rydoo Key Enterprise and Cloud Applications
Rydoo Expense Management System
Rydoo Revenues, $M:
| Type/Year | 2019 | 2020 | 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:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Rydoo Enterprise Applications Revenues By Functional Markets, $M:
Rydoo Enterprise Applications Revenues By Verticals, $M:
Rydoo Revenues By Region, $M
| Region | % of Total Revenues | 2020 Total Revenues, $M | 2020 Enterprise Applications Revenues, $M | 2020 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
| Region | 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: 10000
No. of Rydoo Enterprise Applications Customers: 10000
No. of Rydoo Cloud Customers: 10000
No. of Rydoo Cloud Subscribers: 1000000
Rydoo is a platform covering the full scope of any trip or any expense, helping create a more fulfilling and productive work environment for over 10,000 clients and 1000000 users worldwide.
Rydoo, the startup SaaS expenses management platform, has announced a huge milestone in the company’s journey, with one million users across the UK and Europe now enjoying the app’s revolutionary functions and fresh design. Covid-19 has now impacted workforces for over 12 months and totally changed the way that businesses operate. With many more employees working from home, expenses management has never been more important. Rydoo has continued to introduce innovative new features to their game-changing app throughout lockdown to help Finance Executives keep a watch on the figures from their kitchen tables. Rydoo’s latest version now features an even better user experience, is faster, easier to navigate and allows users to submit their expenses to the finance team in less than 30 seconds. The Rydoo Insights module gives decision-makers all the relevant data at their fingertips with a simple to use tool and ultra-powerful analytics.
Rydoo Market Opportunities, M&A and Geo Expansions
In September 2021 Rydoo received an investment from its new major shareholder Marlin Equity Partners (‘Marlin’). The global investment firm with over $7.6 billion of capital commitments under management acquired the majority shareholding. The investment represents a very strong endorsement for Rydoo from a global investment firm with a proven track record of successful collaboration with similar companies in the software and technology space. With Marlin’s support, Rydoo will accelerate its global expansion with the ultimate objective to become a leading global player in the Travel and Expense industry.
Rydoo has been developed to support all of the company`s branches, all over the world. It allows creating one account for all companies and has specific configurations for each one of them. This way getting a global view of the travel and expense data while each country has its own insights and is compliant with its local regulations and policies, is provided. Rydoo integrates with systems via API or SFTP.
Rydoo Risks and Challenges
Under the wings of Sodexo, making independent decisions is difficult.
Rydoo Ecosystem, Partners, Resellers and SI
Rydoo runs on Azure, and works seamlessly with all major accounting and ERP packages, including Microsoft Dynamics, SAP and Oracle.
Rydoo Cloud Infrastructure Insights
Subscribe to read more about:
- Rydoo Public Cloud and Infrastructure (IaaS)
- Rydoo Platform (PaaS)
- Rydoo Application Delivery
- Rydoo Private Cloud and Data Centers
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:
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