About Spend Matters
Spend Matters is a company based in Chicago (United States) founded in 2004 was acquired by The Hackett Group in May 2025.. Spend Matters offers products and services including Spend Matters Membership, SolutionMap Rankings, and Vendor Directory. Spend Matters operates in a competitive market with competitors including Electrek, Nemetorszagi Magyarok, Ship2Shore, ShippingWatch and Supply Chain Dive, among others.
- Headquarter Chicago, United States
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Sectors
Media & Entertainment
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Phone
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Website
*********
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Social
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- Legal Name Spend Matters, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
The Hackett Group
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Spend Matters
Spend Matters offers a comprehensive portfolio of products and services, including Spend Matters Membership, SolutionMap Rankings, and Vendor Directory. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides access to procurement intelligence and tools for professionals.
Offers rankings and insights on procurement solutions and vendors.
Directory for exploring procurement providers and services.
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Funding Insights of Spend Matters
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Spend Matters
Spend Matters has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include The Hackett Group and Copley Equity Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Copley Equity Partners is engaged in private equity investments focused on lower-middle market companies.
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ERP consulting and advisory services are delivered to global clients.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Spend Matters
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Spend Matters
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Spend Matters Comparisons
Competitors of Spend Matters
Spend Matters operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Electrek, Nemetorszagi Magyarok, Ship2Shore, ShippingWatch and Supply Chain Dive, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Operates an online platform providing news and updates on electric vehicles.
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| domain | founded_year | HQ Location |
Provides job listings, news updates, and directories for services in Germany.
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| domain | founded_year | HQ Location |
A bilingual digital news platform focused on the maritime economy and transport.
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| domain | founded_year | HQ Location |
Delivers industry news on carriers, suppliers, ports, and offshore activities worldwide.
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| domain | founded_year | HQ Location |
Operates an online platform for news related to supply and logistics.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Spend Matters
Frequently Asked Questions about Spend Matters
When was Spend Matters founded?
Spend Matters was founded in 2004.
Where is Spend Matters located?
Spend Matters is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
What does Spend Matters do?
SpendMatters is a global digital media publication and a B2B network of procurement and supply chain professionals. Provides the latest breaking news, information, research, analysis, as well as industry white papers on topics such as strategy best practices, risk management compliance, spend management, finance payments, sourcing supplier management, and more. As of December 2016, claims to reach 10K unique monthly readers including C-level employees and supply chain officers. Monetizes through display and banner ads, as well as events and sponsored content.
Who are the top competitors of Spend Matters?
Spend Matters's top competitors include The Car Box, Electrek and Nemetorszagi Magyarok.
What products or services does Spend Matters offer?
Spend Matters offers Spend Matters Membership, SolutionMap Rankings, and Vendor Directory.
Who are Spend Matters's investors?
Spend Matters has 2 investors. Key investors include The Hackett Group, and Copley Equity Partners.