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Everlance

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Everlance[edit]

Everlance is an American-based technology company that develops a mileage tracking and logging app. The app uses automatic mileage tracking to calculate mileage while driving for business purposes that can then be used to report for reimbursement and potentially a tax deduction with the IRS, being attributed as the first mobile app to passively track such data. Everlance has been compared to Fitbit for driving and has been discussed in national business publications that include Forbes.[1], CENET[2], and Glamour[3]

In June 2016, Everlance announced that it had raised capital from from technology visionaries including Yahoo founder Jerry Yang and Zynga founder Mark Pincus.

History[edit]

Everlance was founded by Alex Maralantes and Gabriel Garza, entrepreneurs and investor of numerous startup companies[4]. They began collaborating at Stanford Business School after noticed that his father, author Karl Marlantes, could benefit from software to organize his expenses and mileage to comply with IRS rules. Alex and Gabriel began collaborating with a small team to design software that would simplify mileage reimbursement and Alex began driving for Lyft to test their software.[5] Everlance was officially launched in the App Store in 2015, later becoming available for Android.

Everlance is ventured backed, raising it's first round [6] in late 2015, led by Valiant Capital, Draper Associates, Clocktower Technology Ventures, and famed technology entrepueruers and investors Jerry Yang, Mark Pincus, and Andy Rachleff.

Products and services[edit]

  • Mileage Tracking
  • Expense and receipt Tracking
  • Enterprise reporting for reimbursement
  • Tax dedication documentation

References[edit]

  1. https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/elizabethharris/2016/06/20/is-one-of-these-companies-the-next-fintech-unicorn/&refURL=. Missing or empty |title= (help)
  2. https://www.cnet.com/how-to/track-your-mileage-for-free-with-everlance/. Missing or empty |title= (help)
  3. https://www.glamour.com/story/6-great-apps-side-hustle. Missing or empty |title= (help)
  4. https://thenextweb.com/contributors/2018/02/12/tips-every-traveling-entrepreneur-aware/. Missing or empty |title= (help)
  5. https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/elizabethharris/2016/06/20/is-one-of-these-companies-the-next-fintech-unicorn/&refURL=https://www.google.com/&referrer=https://www.google.com/. Missing or empty |title= (help)
  6. https://www.crunchbase.com/organization/everlance. Missing or empty |title= (help)

External links[edit]

taperpout[edit]


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