Motus, a leader in vehicle reimbursement and risk mitigation for businesses with employees that actively drive for work, announced the acquisition of Everlance, which is a mileage and expense tracking solution for small businesses, teams, and sole proprietors.
This acquisition further strengthens Motus’ ability to provide trusted and innovative reimbursement solutions for companies of all sizes, supporting every kind of employee who drives as a part of their job.
Launched in 2015 by Alex Marlantes and Gabriel Garza, Everlance empowers mobile workers with easy-to-use productivity tools. The company’s self-managed vehicle reimbursement solution has helped over 4 million drivers track their miles automatically, log expenses, and maximize their take-home pay.
These complementary offerings will enable Motus to serve the broadest range of companies with solutions that range from highly tailored and integrated to self-installed and self-managed. Everlance’s origins in the consumer market bring a top-rated mobile app and employee experience, while Motus’ leading analytics and business intelligence deliver unparalleled decision support capabilities. Plus, each company’s unique strengths combine to create a product portfolio that will meet customers’ needs today and in the future.
KEY QUOTES:
“The success of so many organizations depends on employees driving their own cars as part of their jobs. For those businesses with sales teams, merchandisers, home healthcare or a host of other critical roles—it can be a struggle to gain the visibility and control they need to optimize reimbursement spend, mitigate risks, and bolster the productivity of all those employees on the road. By joining forces, Motus and Everlance will be able to offer our customers a more robust set of mileage reimbursement, driver safety and training, and related tax and compliance solutions for every kind of employee who drives.”
- Phong Nguyen, CEO, Motus
“Motus and Everlance have an incredible opportunity to help organizations of all sizes reimagine reimbursement solutions for employees who actively drive for work. I’m thrilled about the immense value that our combined teams can deliver by bringing best-in-class reimbursement solutions to the market.”
- Alex Marlantes, CEO, Everlance
