February 19, 2025

Moderne portfolio company Everlance, a mileage and expense tracking solution, was acquired by Motus, the industry leader in vehicle reimbursement. The 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.  

Founded in 2015 by Alex Marlantes and Gabriel Garza, Everlance was created to empower 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.

Read the press release: 

https://www.prnewswire.com/news-releases/motus-extends-reach-with-strategic-acquisition-of-everlance-302379643.html

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