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Spendflo logo — Simplify Procurement. Maximize Margins.

Spendflo

Simplify Procurement. Maximize Margins.

Founded 2020 United States San Francisco, United States 140 employees Series A Total: $15.40M Information Technology, Productivity +1

General Information

Company Name Spendflo
Founded Year 2020
Location United States San Francisco, United States
Employees 140
Industries Information Technology, Productivity, SaaS
Funding Stage Series A
Business Model SaaS, B2B, Platform
Revenue Model Subscription, Service Fee, Usage Based
Social

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About Spendflo

Spendflo, founded in 2020 and headquartered in the United States, is an emerging player in the Information Technology, Productivity, and SaaS industries. Their slogan, "Simplify Procurement. Maximize Margins.", encapsulates their mission to streamline procurement processes for businesses through a unified platform.

The company offers an AI Native Procurement Platform that optimizes every procurement step from intake to execution, delivering an intelligent and holistic solution for organizations seeking efficiency and cost-effectiveness. Spendflo's approach targets a significant pain point for enterprises, promising to simplify intricacies inherent in procurement.

In April 2023, Spendflo secured an $11.00M Series A investment led by Prosus Ventures, underscoring strong investor confidence in its innovative model and growth potential. This capital infusion is set to enhance Spendflo's capabilities and market footprint.

Business keywords: SaaS Procurement, Procurement Automation, Spend Management, AI-Driven Procurement, SaaS Negotiation, Procurement Optimization, SaaS Renewal Solutions, IT Operations Efficiency, Pricing Benchmark Analysis, Procurement Orchestration, Cloud-based Financial Applications, SaaS Onboarding, Cost Savings, Procurement Workflows, Software Spend Reduction

Services & Products

Intake to Procure
SaaS Intelligence
Managed Procurement
Spendflo AI Platform
Contract Management
Vendor and Spend Analytics
Reporting and Integration

Target Customers

Finance Teams Procurement Teams Legal Teams IT and Security Teams Stakeholders CFOs VP Finance Legal Counsels

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $11.00M 1
Prosus Ventures
Prosus Ventures
04 Apr 2023
Seed Round $4.40M 5
Signal Peak Ventures BoldCap
Signal Peak Ventures, BoldCap +3
14 Jun 2022
Pre Seed Round Undisclosed 1
peercheque
peercheque
04 May 2022
Pre Seed Round Undisclosed 2
BoldCap Accel Atoms
BoldCap, Accel Atoms
30 Oct 2021

Spendflo Alternatives & Competitors

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Spendflo vs
CloudEagle.ai
CloudEagle.ai United States

Single app to govern, manage, renew all your SaaS apps

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71 employees
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Spendflo vs
Zylo
Zylo United States

The leading enterprise SaaS Management platform, empowering you to organize, optimize and orchestrat...

Series C
154 employees
Analytics, Cloud Infrastructure
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Spendflo vs
Proqura
Proqura United States

Discover an intuitive way to manage all your business spend and procurement processes from beginning...

Seed
1 employees
Information Technology, SaaS
Compare Spendflo vs Proqura
Also compare with: Spendflo vs TimeFlow TimeFlow View all alternatives

FAQ About Spendflo

Simplify Procurement. Maximize Margins.
Spendflo was founded in 2020.
Spendflo is headquartered in San Francisco, United States.
Spendflo operates in Information Technology, Productivity and SaaS. Its work centres on SaaS Procurement, Procurement Automation, Spend Management and AI-Driven Procurement. Its customers include Finance Teams, Procurement Teams and Legal Teams.
Spendflo has a SaaS, B2B and Platform business model. Its revenue comes from Subscription, Service Fee and Usage Based.
Spendflo has approximately 140 employees.
Spendflo has completed 4 funding rounds, raising a total of $15.40M. The latest funding stage is Series A.
Spendflo offers: Intake to Procure, SaaS Intelligence, Managed Procurement, Spendflo AI Platform, Contract Management, Vendor and Spend Analytics, Reporting and Integration.
Top alternatives and competitors to Spendflo include CloudEagle.ai, Zylo, Proqura, Masraff | Intelligent Spend Management, TimeFlow. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Spendflo and CloudEagle.ai are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Spendflo, https://bouncewatch.com/company/spendflo, updated 10 December 2025. When citing, please name BounceWatch and link this page.

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