Spendflo

About Spendflo

Spendflo is an AI-native procurement platform that streamlines operations, simplifies procurement processes, and guarantees savings. It combines AI technology with expert negotiators to cut costs, speed up procurement cycles, and deliver measurable ROI for businesses.

Products & Services

Intake to Procure:Simplifies procurement with AI-driven intake management and workflows, including features like intake management, vendor management, and purchase order management.

SaaS Intelligence:Helps control tech budgets by tracking and optimizing software spend with real-time insights, including shadow IT discovery and spend optimization.

Managed Procurement:Offers procurement services with experts handling sourcing, pricing, and negotiation, acting as a procurement partner with AI-powered bid analyses and contract management.

Spendflo AI:Automates procurement processes, eliminates errors, and provides insights through features like contract agent and renewal agent.

Integrations:Connects with over 100 tools and systems like ERP, HRMS, and collaboration platforms for seamless procurement orchestration.

Reporting:Provides real-time procurement insights to maximize ROI with custom reports on spend, usage, and shadow IT.

Specialties

AI-driven procurement SaaS spend optimization Vendor contract negotiation Procurement automation Third-party risk assessment Real-time usage analytics

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Series A T: - FT: Series A	A: 11000000 MR: - FA: $11 million FAN: 11000000	D: 2023-04-04 FD: 2023-04-04	5 investors

Series A Latest

2023-04-04

$11.0M

5 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

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Mock Up

Team & Leadership

D

Dan Kim

CFO

S

Scott Stibich

Senior Accountant

J

Josh Rappoport

VP Finance

Recent News

Spendflo Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised