Tech Company Financing Transactions

Spendflo Funding Round

Spendflo, operating out of San Francisco, secured $11 million from Accel Partners and Prosus Ventures.

Transaction Overview

Company Name
Announced On
4/4/2023
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series A
Investors

Accel Partners (Lead Investor) (Dinesh Katiyar)

Prosus Ventures (Lead Investor)

Proceeds Purpose
The company intends to use the funds to further product growth and accelerate expansion with a focus on furthering growth in the North American market.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
San Francisco, CA 94110
USA
Phone
Undisclosed
Email Address
Overview
Spendflo offers the best buying, negotiation, renewal & tracking service for your SaaS subscriptions. We enable companies to focus on creating value for their customers while we provide them with considerable dollar savings. Companies waste up to 30% of their SaaS spend. The global SaaS market is massive (Gartner estimates it to be $151B+ by 2023). That equates to 40B+ in waste.
Profile
Spendflo LinkedIn Company Profile
Social Media
Spendflo Company Twitter Account
Company News
Spendflo News
Facebook
Spendflo on Facebook
YouTube
Spendflo on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Siddharth Sridharan
  Siddharth Sridharan LinkedIn Profile  Siddharth Sridharan Twitter Account  Siddharth Sridharan News  Siddharth Sridharan on Facebook
Chief Technical Officer
Ajay Vardhan
  Ajay Vardhan LinkedIn Profile  Ajay Vardhan Twitter Account  Ajay Vardhan News  Ajay Vardhan on Facebook
VP - Sales
Rajiv Ramanan
  Rajiv Ramanan LinkedIn Profile  Rajiv Ramanan Twitter Account  Rajiv Ramanan News  Rajiv Ramanan on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/4/2023: Mosaic Therapeutics venture capital transaction
Next: 4/4/2023: Adludio venture capital transaction

 

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We do our best to record every notable VC transaction. VC investment data records on this site are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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