Spendesk - About the company
Spendesk is a series C company based in Paris (France), founded in 2016 by Guilhem Bellion, Rodolphe Ardant and Jordane Guily. It operates as a Provider of software for managing corporate spending and invoice processing. Spendesk has raised $304M in funding from investors like Index Ventures, General Atlantic and Tiger Global Management, with a current valuation of $1.14B. The company has 90 active competitors, including 22 funded and 20 that have exited. Its top competitors include companies like Pleo, Concur and Marqeta.
Sectors and market segments that Spendesk operate in
Spendesk serves in the FinTech, Travel and Hospitality Tech market segments.The primary business model of Spendesk are:Company Details
Provider of software for managing corporate spending and invoice processing. This platform enables organizations to control operational expenditures through automated approval workflows and digital payment tools. It facilitates the issuance of virtual and physical corporate cards for employee transactions. The system integrates with accounting software to automate expense reporting and reconciliation processes. Users can monitor departmental budgets and track procurement activities from intake to final payment. The technology supports invoice handling and reimbursement management to maintain visibility over business outlays.
- Website
- www.spendesk.com/
- Social
- Email ID
- *****@spendesk.com
Key Metrics
Founded Year
2016
Location
Paris, France
Stage
Series C
Total Funding
$304M in 7 rounds
Latest Funding Round
Post Money Valuation
$1.14B as on Jan 19, 2022
Investors
Ranked
2nd among 90 active competitors
Annual Revenue
€1M - €10M as on Dec 31, 2020
Employee Count
329 as on May 31, 2026
Investment & Acquisitions
Legal entities associated with Spendesk
Spendesk is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SPENDESK CIN: 821893286 , France, Active | Apr 08, 2016 | €1M - €10M (As on Dec 31, 2020) | - | - |
SPENDESK LIMITED CIN: 12263851 , United Kingdom, Active | Oct 14, 2019 | £10M - £50M (As on Dec 31, 2023) | 131 (As on Dec 31, 2023) |
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Spendesk's funding and investors
Spendesk has raised a total funding of $304M over 7 rounds. Its first funding round was on 2016. Its latest funding round was a Series C round on Jan 18, 2022 for $114M. 5 investors participated in its latest round. Spendesk has 14 institutional investors and 10 angel investors.
Here is the list of recent funding rounds of Spendesk:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 18, 2022 | $114M | Series C | $1.14B | - | ||
Jul 21, 2021 | $118M | Series C | $1B | 62.4x | ||
Oct 13, 2020 | $21.3M | Series B | - | - | - |
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Spendesk's founders and board of directors
Founder? Claim ProfileThe founders of Spendesk are Guilhem Bellion, Rodolphe Ardant and Jordane Guily. Rodolphe Ardant and Axel Demazy are the CEOs of Spendesk.
Here are the details of Spendesk's key team members:
- Guilhem Bellion: Co-Founder of Spendesk. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Rodolphe Ardant: Founder & CEO of Spendesk. Contact Info: 1 email address and 1 phone number
- Jordane Guily: Former Co-Founder of Spendesk.
- Axel Demazy: CEO of Spendesk.
View details of Spendesk's Founder profiles and Board Members
Spendesk's employee count trend
Spendesk has 329 employees as of May 26. Here is Spendesk's employee count trend over the years:
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Spendesk's Competitors and alternates
Top competitors of Spendesk include Pleo, Concur and Marqeta. Here is the list of Top 10 competitors of Spendesk, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of spend management platform with virtual and physical card options | $434M | 80/100 | ||
2nd | Provider of software for managing corporate spending and invoice processing | $304M | 75/100 | ||
3rd | Concur 1988, Bellevue (United States), Acquired | Provider of travel, expense, and invoice management solutions for businesses | - | 75/100 | |
4th |  Marqeta 2010, Oakland (United States), Public | Provider of a platform for modern card issuing and payment solutions | $528M | 75/100 | |
5th |  Tipalti 2010, Foster City (United States), Series F | Cloud-based procurement and invoice management solutions for businesses | $553M | 73/100 | |
6th | Jeeves 2019, New York City (United States), Series C | Digital company offering payment and corporate financial cards | $380M | 72/100 | |
7th | Provider of spend management platform with AI-powered automation and control | $239M | 71/100 | ||
8th | W.A.G. payment solutions 1995, Prague (Czech Republic), Public | Provider of payment and integrated mobility solutions for commercial road transport | - | 69/100 | |
9th | Provider of automated VAT and GST reclaim and compliance solutions | $5M | 63/100 | ||
10th |  Conferma 2004, Cheadle (United Kingdom), Unfunded | Provider of virtual card and payment solutions for business transactions | - | - | 62/100 |
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Spendesk's Investments and acquisitions
Spendesk has acquired Okko. Spendesk has not made any investments as of now.Reports related to Spendesk
Here is the latest report on Spendesk's sector:
News related to Spendesk
Filter this listMedia has covered Spendesk for a total of 4 events in the last 1 year, 2 of them have been about company updates.
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Spendesk Achieves Profitability, Pioneers AI-Driven FinanceBusinessnewsthisweek•Jun 26, 2025•Spendesk
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Spendesk teams up with Wise Platform to deliver international paymentsThe Paypers•Mar 20, 2025•Spendesk, Wise
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Spendesk Partners With Wise Platform to Bring International Payments Capabilities to 5,000+ Mid-Market CompaniesFintech Finance•Mar 20, 2025•Spendesk, Wise
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Spendesk Selects Marqeta as Issuer Processor to Simplify Expense Management for CustomersThe Fintech Times•Mar 10, 2025•Spendesk, Marqeta
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Marqeta, Spendesk partner for SMBs expense management across EuropeSeeking Alpha•Mar 10, 2025•Marqeta, Spendesk
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Marqeta & Spendesk team up for streamlined expense management for 4,000+ European SMBs.Business Wire•Mar 10, 2025•Marqeta, Spendesk
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