Spendflo is a SaaS procurement and renewal solution dedicated to helping businesses negotiate, buy and renew their SaaS tools.
Basic Information
Founded in 2021 by Siddharth Sridharan, Ajay Vardhan, and Rajiv Ramanan, Spendflo has global customers. The platform helps companies centralise their SaaS contracts, gain visibility on spending, monitor usage, and provide assisted purchase. 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. Spendflo offers the best buying, negotiation, renewal & tracking service for your SaaS subscriptions. They enable companies to focus on creating value for their customers while we provide them with considerable dollar savings.
Legal Name
:
Spendflo, inc.
Headquarters
:
Chennai, Tamil Nadu, India
Founding Date
:
2020
No. of Employees
:
41 to 60
Core Team
:
1.
Siddharth Sridharan
Co-Founder and CEO
2.
Ajay Vardha
Co-Founder and CTO
3.
Rajiv Ramanan
Co-Founder and CRO
Funding
Total Funding
$4.4M
Investors
:
1.
Signal Peak Ventures
2.
Accel
3.
BoldCap
Round 1
$11M
Series Name
:
SERIES-A
Date
:
4th Apr 2023
Investors
:
1.
Prosus Ventures
2.
Accel
SaaS
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