Spendesk Raises Additional €100M in Series C Funding

Funding Rounds

Summary

Spendesk, a Paris, France-based spend management solution for SMBs, raised €100M as an extension to its Series C round in July 2021 (€100M). The company intends to use the funds to invest in growing headcount with the goal to hire 300 new people in 2022 and in its product. The platform includes corporate cards, invoice payments, expense reimbursements, budgets, approval, reporting, compliance, and pre-accounting in one simple, scalable solution. Spendesk is now used by thousands of businesses from startups to established brands, such as Algolia, Soundcloud, Curve, Doctolib, Gousto, Raisin, Sezane, Wefox. The company has offices in London, Paris, San Francisco, Berlin, and Hamburg.

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Classifications

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applications
Accounting and Taxes

AskAI Classifications

Labels
SaaS Financial Software Expense Management Software

Linked Companies

Spendesk
$10M to $25M