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Spendflo

Spendflo

Private
San Francisco, CaliforniaEnterprise Softwarehttps://www.spendflo.com/

Last Round

Series A

Apr 4, 2023

Total Funding Raised

$15.9M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

Spendflo is a SaaS optimization company that provides an AI-native procurement platform to help businesses buy, automate, negotiate, and renew their software subscriptions while managing and optimizing their SaaS spending.

Sector

Enterprise Software

Verticals

Accounting & Expense, Workflow Automation, Compliance & Risk, Business Intelligence

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS, Services & Consulting

AI Layer

Application

Keywords

SaaS procurementagentic procurementvendor managementSaaS spend managementprocurement automationspend analysiscontract managementAI procurementprocurement softwarespend auditprocurement engineerintake-to-paySaaS management platformspend optimizationAI agent workforceprocurement techSaaS buying

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Spendflo Comparables

Compare Spendflo with similar companies based on industry and business-model similarity.

Spendflo comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Tropic
93%
CloudEagle
88%
Torii
86%

Spendflo Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AApr 4, 2023
SeedJun 14, 2022
AcceleratorFeb 28, 2022
AcceleratorOct 1, 2021

Key People

Founding team and executive leadership

Ajay Vardhan

Co-Founder And CTO

Founding Team

Spendflo Investors

Notable investors and investment history

Spendflo investors
InvestorRounds
Signal Peak VenturesSeed, Series A
Boldcap VenturesSeed, Series A
Signal Peak VenturesSeed, Series A
Prosus VenturesSeries A
Together FundSeries A, Seed
AccelAccelerator, Seed, Series A
BoldCapSeed, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 29, 2026

    Added Whatfix, Inc. from the Technology/SaaS sector.

  • Mar 29, 2026

    Added ThoughtSpot, a technology/business intelligence company.

Spendflo Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Spendflo Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Spendflo's valuation, stock price, and market status.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range119
Year Founded2020
Last FundingApr 4, 2023

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