Where is ProSpend located?

ProSpend is headquartered in Sydney, Australia.

How many employees does ProSpend have?

As of Sep 30, 2026, the latest employee count at ProSpend is 50.

Where does ProSpend rank among its competitors?

ProSpend ranks 3rd amongst 26 active competitors, of which 2 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Cast, which secured $2.3M in Aug, 2024.

Who are the top competitors of ProSpend?

ProSpend's top competitors include ProsperOps, insightsoftware and ARCA. Among them, Cast secured the most recent funding round in August, 2024.

ProSpend - 2026 Company Profile, Team & Competitors

ProSpend is an acquired company based in Sydney (Australia), founded in 2001 by Huy Do. It operates as a Software-based platform for spend management solutions. The company has 26 active competitors, including 2 funded and 5 that have exited. Its top competitors include companies like ProsperOps, insightsoftware and ARCA.

Company Details

Software-based platform for spend management solutions. It offers solutions for expense management, budgeting, virtual cards, accounts payable, purchase order management, invoicing, trip reconciliation, and more.

Website: prospend.com
Email ID: *****@prospend.com
Phone Number: +61 **********

Key Metrics

Founded Year

2001

Location

Sydney, Australia

Stage

Acquired

Ranked

3^rd among 26 active competitors

Employee Count

50 as on Sep 30, 2026

Similar Companies

ProsperOps & 31 more

Exit Details

Acquired by Invincible Software Holdings (Nov 04, 2025)

View ProSpend's full profile

ProSpend is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
PROSPEND PTY LTD CIN: 002087489 , Australia, Active	Mar 09, 1981	-	-

ProSpend got acquired by Invincible Software Holdings on Nov 04, 2025.

Click here to take a look at ProSpend's acquisition in detail

ProSpend is a funded company.

The founders of ProSpend is Huy Do.

Here are the details of ProSpend's key team members:

Huy Do: Former Co-Founder & CTO of ProSpend and founder of 1 other company.

View details of ProSpend's Founder profiles and Board Members

ProSpend's employee count trend

ProSpend has 50 employees as of Sep 26. Here is ProSpend's employee count trend over the years:

Uncover ProSpend's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of ProSpend include ProsperOps, insightsoftware and ARCA. Here is the list of Top 10 competitors of ProSpend, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ProsperOps 2018, Austin (United States), Acquired	Autonomous reserved instance management software	$72M	H.I.G. Growth Partners, Active Capital	60/100
2nd	insightsoftware 2001, Raleigh (United States), Acquired	Provider of financial reporting, business intelligence, budgeting, and enterprise performance software	$801M	Genstar Capital, Hg & 2 others	55/100
3rd	ProSpend 2001, Sydney (Australia), Acquired	Software-based platform for spend management solutions	-	-	48/100
4th	ARCA 1998, Mebane (United States), Acquired	Provider of cash automation and recycler solutions	$14M	SunTrust Bank, Falcon Investment Advisors ... & 1 others	45/100
5th	Dimply 2020, Dublin (Ireland), Seed	AI-based money management solutions for businesses and individuals	$2.27M	Mercer, Enterprise Ireland & 4 others	35/100
6th	Cast 2023, Denver (United States), Seed	Provider of AI-powered financial performance management solutions	$2.3M	Raido	30/100
7th	FINkeeper 2020, Prague (Czech Republic), Unfunded	Cloud-based cash flow management solutions for large & medium businesses	-	-	28/100
8th	4cost 2008, Berlin (Germany), Unfunded	Provider of software for cost calculation, analysis, and management solutions	-	-	28/100
9th	Accountabl 2020, Hull (United Kingdom), Acquired	Software-based platform for expense management and carbon accounting solutions	-	-	27/100
10th	Ciceronen 1999, Gothenburg (Sweden), Unfunded	Cost management software for businesses	-	-	25/100