About Spendesk
Spendesk is a company based in Paris (France) founded in 2016 by Guilhem Bellion and Rodolphe Ardant. Spendesk has raised $303.82 million across 7 funding rounds from investors including FundersClub, General Atlantic and Hexa. Spendesk has completed 1 acquisition, including Okko. Spendesk offers products and services including Corporate Cards, Accounts Payable, Procure-to-Pay, Virtual Cards, and Expense Claims. Spendesk operates in a competitive market with competitors including Swile, Sodexo, Concur, Cerner and Edenred, among others.
- Headquarter Paris, France
- Founders Guilhem Bellion, Rodolphe Ardant
- Stage Unicorn
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Sectors
HealthcareTravel & Hospitality Financial Services Technology
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Phone
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Website
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Social
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- Legal Name Spendesk
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$303.82 M (USD)
in 7 rounds
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Latest Funding Round
$114.11 M (USD), Series C
Jan 18, 2022
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Investors
FundersClub
& 15 more
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Employee Count
Not available
- Investments & Acquisitions
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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
People of Spendesk
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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.
Investors in Spendesk
Spendesk has secured backing from 16 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include FundersClub, General Atlantic and Hexa.
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Venture and private equity investments are managed with global diversification.
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Private equity fund focused on global markets
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Venture capital investment and global platform support for startups.
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Investor details for Spendesk
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Spendesk
Spendesk has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Okko.
Investment portfolio details for Spendesk
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- Transaction dates
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Web-enabled solutions for procurement management are provided.
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Complete acquisition details for Spendesk
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Financial Statements - Spendesk
Detailed financials for Spendesk
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Spendesk Comparisons
Peer comparison for Spendesk
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Competitors of Spendesk
Spendesk 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 Swile, Sodexo, Concur, Cerner and Edenred, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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A card-linked wallet is provided for employee financial management.
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Employee benefits payment cards are provided via an online platform.
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Corporate travel expenses and invoices are managed via SaaS platform.
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Online platform for employee health benefits
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Employee benefits and payment solutions are managed for businesses.
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Detailed competitors of Spendesk
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Latest news on 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.
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.
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 16 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.