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Motus Expands Its Reach with Everlance Acquisition

Motus, renowned for its expertise in vehicle reimbursement and risk mitigation for workforce driving, has recently acquired Everlance. This strategic move is set to bolster Motus' capabilities in delivering innovative reimbursement solutions tailored for businesses of all sizes, from multinational corporations to solo entrepreneurs.

Founded in 2015 by Alex Marlantes and Gabriel Garza, Everlance has established itself as a leading mileage and expense tracking solution, particularly favored by small businesses and independent contractors. With over 4 million users, the platform has empowered mobile workers with seamless productivity tools that not only help them track mileage but also enable them to maximize tax deductions, ensuring they retain more of their earnings.

The combination of Motus and Everlance creates a robust offering in the reimbursement space. Motus excels in data analytics and business intelligence, providing unparalleled decision support to its clients. In contrast, Everlance brings a highly-rated mobile application and a positive user experience from its origins in the consumer market. Together, they offer flexible solutions that range from comprehensive, customized packages to easy self-service options.

"The success of many organizations hinges on employees using their personal vehicles for work activities," said Phong Nguyen, CEO of Motus. He highlighted the challenges businesses face in maintaining visibility and control over reimbursement expenses and driver safety. With this acquisition, Motus aims to address these concerns more effectively, offering a comprehensive set of solutions that encompass mileage reimbursement, driver safety and training, as well as compliance with tax regulations.

In essence, this acquisition presents a unique opportunity for organizations of all sizes to reinvent how they manage reimbursements for employees who drive as part of their job responsibilities. Alex Marlantes, CEO of Everlance, echoed these sentiments, expressing excitement over the potential to deliver unparalleled value through a joint product offering that can transform reimbursement processes in the market.

With the backing of prominent private equity firms like Permira and Thoma Bravo, Motus continues to be a transformative force in mobile workforce solutions, simplifying the reimbursement process for vehicle and device costs in real-time. Their legacy of refining vehicle data over the decades has made them the standard platform for Fortune 500 companies committed to optimizing workplace agility.

In conclusion, the acquisition of Everlance marks a significant milestone for Motus, further expanding its reach and enhancing its offerings to ensure that every company can efficiently manage its driving workforce. For more detailed information, resources, and updates, visit Motus.

About Everlance

Everlance remains a premier mileage and expense-tracking application helping both self-employed individuals and businesses save valuable time and money. As a highly rated platform, Everlance delivers automatic and precise tracking of miles and expenses, assuring users maximize their tax deductions efficiently.

About Motus

Motus positions itself as the leading expert in mobile workforce solutions. Delivering personalized calculations for reimbursement and management of vehicle-related costs, Motus leverages decades of unmatched data to serve its clients effectively. It remains the go-to platform for organizations eager to introduce agility into their workplace practices.