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Spendesk - About the company

Spendesk is a series C company based in Paris (France), founded in 2016 by Rodolphe Ardant, Guilhem Bellion, Rodolphe Ardant and Jordane Guily. It operates as a Provider of software for managing corporate spending and invoice processing. Spendesk has raised $304M in funding from investors like Index Ventures, General Atlantic and Tiger Global Management, with a current valuation of $1.14B. The company has 106 active competitors, including 26 funded and 24 that have exited. Its top competitors include companies like Pleo, Swile and Concur.

Company Details

Provider of software for managing corporate spending and invoice processing. This platform enables organizations to monitor operational expenditures through automated approval workflows and digital payment methods. It facilitates the issuance of virtual and physical cards for employee transactions while integrating with accounting systems to reconcile financial data. The system automates invoice handling and expense claims to assist with budget tracking and financial reporting.
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Email ID
*****@spendesk.com
Key Metrics
Founded Year
2016
Location
Paris, France
Stage
Series C
Total Funding
$304M in 7 rounds
Latest Funding Round
Post Money Valuation
$1.14B as on Jan 19, 2022
Ranked
Annual Revenue
€8.21M as on Dec 31, 2020
Employee Count
326 as on Apr 30, 2026
Investment & Acquisitions
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Spendesk's funding and investors

Spendesk has raised a total funding of $304M over 7 rounds. Its first funding round was on 2016. Its latest funding round was a Series C round on Jan 18, 2022 for $114M. 5 investors participated in its latest round. Spendesk has 14 institutional investors and 10 angel investors.

Here is the list of recent funding rounds of Spendesk:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 18, 2022
$114M
Series C
$1.14B
-
Jul 21, 2021
$118M
Series C
$1B
62.4x
Oct 13, 2020
$21.3M
Series B
-
-
-
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Spendesk's founders and board of directors

Founder? Claim Profile
The founders of Spendesk are Rodolphe Ardant, Guilhem Bellion, Rodolphe Ardant and Jordane Guily. Rodolphe Ardant and Axel Demazy are the CEOs of Spendesk.
Here are the details of Spendesk's key team members:

Spendesk's employee count trend

Spendesk has 326 employees as of Apr 26. Here is Spendesk's employee count trend over the years:
Employee count trend for Spendesk
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Spendesk's Competitors and alternates

Top competitors of Spendesk include Pleo, Swile and Concur. Here is the list of Top 10 competitors of Spendesk, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Pleo
Pleo
2015, Copenhagen (Denmark), Series C
Provider of spend management platform with virtual and physical card options
$434M
80/100
2nd
Logo for Swile
Swile
2016, Paris (France), Series D
Provider of employee benefits and expense management via a smartcard
$328M
79/100
3rd
Logo for Spendesk
Spendesk
2016, Paris (France), Series C
Provider of software for managing corporate spending and invoice processing
$304M
76/100
4th
Logo for Concur
Concur
1988, Bellevue (United States), Acquired
Provider of travel, expense, and invoice management solutions for businesses
-
75/100
5th
Logo for Marqeta
Marqeta
2010, Oakland (United States), Public
Provider of a platform for modern card issuing and payment solutions
$528M
75/100
6th
Logo for Tipalti
Tipalti
2010, Foster City (United States), Series F
Cloud-based procurement and invoice management solutions for businesses
$553M
73/100
7th
Logo for Jeeves
Jeeves
2019, New York City (United States), Series C
Digital company offering payment and corporate financial cards
$380M
72/100
8th
Logo for Payhawk
Payhawk
2018, Sofia (Bulgaria), Series B
Provider of spend management platform with AI-powered automation and control
$239M
71/100
9th
Logo for Ben
Ben
2019, London (United Kingdom), Series B
Prepaid cards for employee benefits
$48.5M
70/100
10th
Provider of payment and integrated mobility solutions for commercial road transport
-
69/100
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Spendesk's Investments and acquisitions

Spendesk has acquired Okko. Spendesk has not made any investments as of now.

News related to Spendesk

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Media has covered Spendesk for a total of 5 events in the last 1 year, 3 of them have been about company updates.
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