About Spendesk
Spendesk is a Healthcare company based in Paris (France) founded in 2016 by Guilhem Bellion, Rodolphe Ardant, and Jordane Guily. It operates in the Healthcare, Travel & Hospitality, and Financial Services sectors. Spendesk has raised $303.82 million across 7 funding rounds from investors including FundersClub, General Atlantic and Hexa. The company has 344 employees. Spendesk has completed 1 acquisition, including Okko. Spendesk was last valued at $1.14 billion in January 2022. Its chief executive is Rodolphe Ardant. Its website spendesk.com draws about 273 thousand monthly visits. Spendesk offers products and services including Corporate Cards, Accounts Payable, Procure-to-Pay, Virtual Cards, and Expense Claims. Its focus areas include Consumer, Online Travel, Corporate Travel and Expense Management. Its competitors include Swile, Sodexo, Concur, Cerner and Edenred and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
Provider of prepaid cards for financial benefits of employees. It offers corporate travel and expense management solution. Platform solution enables enterprises to keep a track of the daily expenses of their employees. It also allows companies to manage to spend with specified budget limits per team and person, review each purchase request, get automatic reminders for employees to upload docs for the purchases and more. Platform features include expense tracking, virtual-physical cards, spending reports, payment invoice and more.
- Annual Revenue$9.38 M (USD)0as on Dec 31, 2020
- Net Profit-$20.66 M (USD)0as on Dec 31, 2020
- EBITDA-$20.84 M (USD)0as on Dec 31, 2020
- Total Equity Funding$303.82M (USD)
in 7 rounds
- Latest Funding Round$114.11M (USD), Series C
Jan 2022
- InvestorsFundersClub
& 23 more
- Employee Count344
- Investments & Acquisitions
Products & Services of Spendesk
Spendesk offers a comprehensive portfolio of products and services, including Corporate Cards, Accounts Payable, Procure-to-Pay, Virtual Cards, and Expense Claims.
Cards for setting limits and approval flows on business spending
Automates invoice handling from entry through to payment
Controls and automates spend from intake to payment processes
Generates unique cards for one-off or recurring online transactions
Manages and reimburses employee expenses without manual tracking
Apps and channels of Spendesk
Spendesk publishes 2 mobile apps with over 50K+ downloads; its YouTube channel Spendesk has 680 subscribers and 30 videos.
Videos from Spendesk
The most watched videos on Spendesk's YouTube channel, Spendesk (680 subscribers). Click a video to play it here.
More on Spendesk.
Funding Insights of Spendesk
Spendesk has successfully raised a total of $303.82M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $114.11 million completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $303.82M
- Total Rounds 7
- Last Round Series C — $114.11M
- Investors Count 24
All 7 funding rounds of Spendesk with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2022 | $114.11M | Series C | $1.14B | Tiger Global Management | |
| Jul 2021 | $117.82M | Series C | – | General Atlantic | |
| Oct 2020 | $21.26M | Series B | – | Eight Roads Ventures | – |
| Sep 2019 | $38.58M | Series B | – | Index Ventures | – |
| Jan 2018 | $9.9M | Series A | – | Index Ventures | |
| Jan 2017 | $2.15M | Seed | – | – | |
| Jun 2016 | – | Seed | – | Hexa | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2022 | $1.14B | •••••••• |
Last known valuation $1.14B (Jan 2022). 24 investors in total: 14 institutional and 10 angel.
Investors in Spendesk
Spendesk has secured backing from 24 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include FundersClub, General Atlantic and Hexa.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture and private equity investments are managed with global diversification. | – | tigerglobal.com | New York, United States | |
Private equity fund focused on global markets | 1980 | generalatlantic.com | New York, United States | |
Venture capital investment and global platform support for startups. | 2008 | eightroads.com | London, United Kingdom | |
Venture capital investments in technology startups and entrepreneurs. | – | indexventures.com | - | |
Sector-agnostic acceleration is offered to startups for scaling solutions. | 2011 | hexa.com | Brussels, Belgium | |
Seed-stage investments in startups are provided by Kima Ventures. | – | kimaventures.com | Paris, France | |
Early-stage tech investments are targeted in Europe, US, and Asia. | – | wind.capital | Paris, France | |
Venture capital firm focused on seed and series investments | – | fcvc.com | - | |
Startup acceleration programs are run globally with funding support. | – | numa.co | Paris, France | |
Private equity investments are managed by family office-backed firm. | – | finsj.com | Paris, France |
Investor details for Spendesk
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Spendesk
85 people are tracked at Spendesk (14 in leadership, 71 in team); the tracked headcount is 344.
| Name | Role | Group |
|---|---|---|
Guilhem Bellion | Co-Founder | Leadership |
Rodolphe Ardant | Founder & CEO | Leadership |
Jordane Guily | Founder | Leadership |
guillaume.linet | Chief of Staff | Leadership |
Axel Demazy | Chief Operations Officer & General Manager | Leadership |
Gregory C. | Head Of Legal Department | Leadership |
Paul Finegan | VP Product | Leadership |
Daniel Cali | Director Of Operations | Leadership |
Maude Roger | Head Of People Engagement And Communication | Leadership |
Becky Dutta | Vice President, Customer Success & Revenue Operations | Leadership |
Kosovare Lenjani | Head Of Sales, Northern Europe | Leadership |
Emilien Simioni | Chief Of Staff - Spendesk Financial Services | Leadership |
Mahedine Y. | Head Of Product Design | Leadership |
Clémentine S. | Head Of Finance | Leadership |
Maxime Henry | Key Account Manager | Team |
Angela O. | Customer Success Manager | Team |
Agathe Nivet | Customer Success Manager | Team |
Jessica Rehnisch | Customer Success Strategist | Team |
Bertrand Bruandet | Product designer | Team |
Claire Rougevin-Baville | Revenue Ops Manager | Team |
65 more people are available in the full profile.
Complete people profiles for Spendesk
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Investments & Acquisitions by Spendesk
Spendesk has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Okko.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Web-enabled solutions for procurement management are provided. | getokko.app | Paris, France | 2023 | Apr 2024 | •••• |
Complete acquisition details for Spendesk
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Timeline of Spendesk
5 dated milestones of Spendesk across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Spendesk is founded.
- Funding First funding round.
- Funding Latest funding round, Series C, of $114.1M.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Okko.
Competitors of Spendesk
Spendesk has 9 listed competitors in our database, 3 of them funded. They include Swile, Sodexo, Concur, Cerner and Edenred, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vee.digital | 2016 | Sao Paulo, Brazil | – | – | A card-linked wallet is provided for employee financial management. | |
| sodexo.com | 1966 | – | – | 423,000 | Employee benefits payment cards are provided via an online platform. | |
| concur.com | 1988 | Bellevue, United States | – | – | Corporate travel expenses and invoices are managed via SaaS platform. | |
| cerner.com | 1979 | North Kansas, United States | – | 5,159 | Online platform for employee health benefits | |
| edenred.com | 2010 | – | – | – | Employee benefits and payment solutions are managed for businesses. | |
| pleo.io | 2015 | Copenhagen, Denmark | $434.02M | 149 | SaaS expense management solutions for business travel are provided. | |
| eurowag.com | 1995 | Prague, Czech Republic | – | 926 | Prepaid fuel and toll payment cards are provided for fleets. | |
| cobee.io | 2018 | Madrid, Spain | $60.21M | – | Employee financial benefits are managed via a cloud-based platform. | |
| marqeta.com | 2010 | Oakland, United States | $528.11M | 854 | Card-issuing and payment processing solutions are offered to businesses. |
Detailed competitors of Spendesk
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Web traffic of Spendesk
The website of Spendesk (spendesk.com) receives about 273.2K visits a month.
- Monthly visits273.2K
▼ 7.1% vs previous month
Websites whose visitors overlap most with Spendesk. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| notion.so | 100% | 178.3M | #160 | View details | |
| figma.com | 92% | 84.7M | #221 | View details | |
| sellsy.com | 92% | 714.8K | #53,506 | View details | |
| calendly.com | 87% | 40.1M | #1,297 | View details | |
| airtable.com | 87% | 24.6M | #1,692 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Spendesk
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- 40 similar websites
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Top companies in Clinical IT & Data Platforms
10 companies that operate in the same segment as Spendesk (Clinical IT & Data Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 716.99 M | – | 1,832 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | 1,746 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, Ile de France, France | USD 863.12 M | – | 1,606 | |
Virtual care programs for managing chronic diseases are provided. | 2011 | San Francisco, California, United States | USD 450.12 M | USD 260.21 M | 992 | |
AI-driven EMR and practice management software is delivered for clinics. | 2010 | Boca Raton, Florida, United States | USD 329.17 M | – | 2,470 | |
Cloud-based administrative tools for healthcare providers are offered. | 1997 | Watertown, United States | USD 40 M | – | – | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – |
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Related news about Spendesk
Complete news archive for Spendesk
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Frequently Asked Questions about Spendesk
Spendesk was founded in 2016.
Spendesk is headquartered in Paris, France. It is registered at Paris, Ile de France, France.
Rodolphe Ardant is the current CEO of Spendesk. They have also founded this company.
Spendesk is a funded company, having raised a total of $303.82M across 7 funding rounds to date.
Spendesk has 344 employees.
Annual revenue of Spendesk is $9.38M as on Dec 31, 2020.
Provider of prepaid cards for financial benefits of employees. It offers corporate travel and expense management solution. Platform solution enables enterprises to keep a track of the daily expenses of their employees. It also allows companies to manage to spend with specified budget limits per team and person, review each purchase request, get automatic reminders for employees to upload docs for the purchases and more. Platform features include expense tracking, virtual-physical cards, spending reports, payment invoice and more.
Spendesk offers Corporate Cards, Accounts Payable, Procure-to-Pay, Virtual Cards, and Expense Claims.
Spendesk has made 1 acquisition, including Okko.
Spendesk has 24 investors. Key investors include FundersClub, General Atlantic, Hexa, Eight Roads Ventures, and Tiger Global.
The valuation of Spendesk is $1.14B as of Jan 2022.