About Spendit
Spendit is a company based in Munchen (Germany) founded in 2014. Spendit has raised $4.93 million across 1 funding round from investors including DKAM Capital. The company has 46 employees as of December 31, 2020. Spendit offers products and services including SpenditCard, Lunchit, Wellbeing, and Mobility. Spendit operates in a competitive market with competitors including Spendesk, Sodexo, eco.mio, Tremendous and MOBIKO, among others.
- Headquarter Munchen, Germany
- Employees 46 as on 31 Dec, 2020
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Sectors
Travel & HospitalityTechnology Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Spendit Ag
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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
$4.93 M (USD)
in 1 rounds
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Latest Funding Round
$4.93 M (USD), Series A
Apr 02, 2018
- Investors
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Employee Count
46
as on Dec 31, 2020
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Products & Services of Spendit
Spendit offers a comprehensive portfolio of products and services, including SpenditCard, Lunchit, Wellbeing, and Mobility.
Offers steuerfreie extras for employee salary optimization.
Digital app for tax-free meal allowances and flexible dining.
Provides fitness and mental health benefits at discounted rates.
Enables subsidies for public transport to promote eco-friendly travel.
People of Spendit
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Funding Insights of Spendit
Spendit has successfully raised a total of $4.93M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.93 million completed in April 2018. 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 Spendit
Spendit has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include DKAM Capital.
| Investor | Description | Founded Year | Domain | Location |
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Offers debt financing to tech startups for growth and innovation.
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Investor details for Spendit
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Investments & Acquisitions by Spendit
Investment portfolio details for Spendit
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Financial Statements - Spendit
Detailed financials for Spendit
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Spendit Comparisons
Peer comparison for Spendit
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Competitors of Spendit
Spendit 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 Spendesk, Sodexo, eco.mio, Tremendous and MOBIKO, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of prepaid cards for financial benefits of employees
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Employee benefits payment cards are provided via an online platform.
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| Locked | Locked | Locked |
SaaS-driven employee-inclusive software to reach climate targets & decreasing travel costs
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| Locked | Locked | Locked |
Provider of rewards and financial benefits management platform for enterprises
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| Locked | Locked | Locked |
Platform providing mobility benefits for employees
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Detailed competitors of Spendit
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Latest news on Spendit
Complete news archive for Spendit
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Frequently Asked Questions about Spendit
Spendit was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Spendit is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Spendit is a funded company, having raised a total of $4.93M across 1 funding round to date.
As of Dec 31, 2020, the latest employee count at Spendit is 46.
Spendit was founded in 2014 in Munich, Germany, within the employee benefits sector. Operations focus on providing tools for businesses to handle perks and reimbursements. Spendit offers a pre-paid tax-saving card for employee discounts and tax relief. Lunchit enables food expense reclamation through receipt scanning and verification. Mobility supports budgeting and expense tracking for users.
Spendit offers SpenditCard, Lunchit, Wellbeing, and Mobility.
Spendit has 1 investor. Key investors include DKAM Capital.