When was Spendflo founded?

Spendflo was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is Spendflo located?

Spendflo is headquartered in San Francisco, United States. It is registered at Ocean Trinity Square, 7B south phase, Guindy Industrial Estate Guindy, Guindy Industrial Estate, Chennai, Chennai City Corporation, Tamil Nadu, India, 600032.

Who is the current CEO of Spendflo?

Siddharth Sridharan of Spendflo. They have also founded 1 company and are an angel investors in 1 startup.

Which legal entities is Spendflo associated with?

Spendflo is associated with Spendflo, Inc and 1 other.

How many employees does Spendflo have?

As of Aug 31, 2025, the latest employee count at Spendflo is 114.

Is Spendflo a funded company?

Spendflo is a funded company, having raised a total of $15.4M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 14, 2022.

How much is Spendflo worth?

The latest valuation of Spendflo is $***** as of Feb 17, 2023.

When was the latest funding round of Spendflo?

Spendflo's latest funding was a $***** Series A round on Apr 04, 2023, with participation from 5 investors.

Where does Spendflo rank among its competitors?

Spendflo ranks 2nd amongst 71 active competitors, of which 29 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was FinQuery, which secured $25M in Apr, 2024.

Who are the top competitors of Spendflo?

Spendflo's top competitors include Zluri, Zylo and Sastrify. Among them, FinQuery secured the most recent funding round in April, 2024.

Spendflo - 2026 Company Profile, Team, Funding & Competitors

Spendflo is a series A company based in San Francisco (United States), founded in 2020 by Siddharth Sridharan, Rajiv Ramanan and Ajay Vardhan. It operates as an AI-native procurement platform for managing SaaS and vendors. Spendflo has raised $15.4M in funding from investors like Accel, Together and Prosus, with a current valuation of $*****. The company has 71 active competitors, including 29 funded and 4 that have exited. Its top competitors include companies like Zluri, Zylo and Sastrify.

Company Details

Spendflo is an AI-native procurement platform built to simplify how modern companies buy. We help procurement teams eliminate bottlenecks, optimize spend, and make every purchase decision count. Our platform automates intake-to-procure workflows, centralizes vendor and contract management, and simplifies security and compliance reviews. With AI-driven insights and expert negotiation support, Spendflo enables teams to move faster while staying in control. Trusted by fast-growing and enterprise companies, Spendflo delivers streamlined procurement, clearer visibility, and real business impact at scale.

Website: www.spendflo.com/
Social
Email ID: *****@spendflo.com
Registered Address: Ocean Trinity Square, 7B south phase, Guindy Industrial Estate Guindy, Guindy Industrial Estate, Chennai, Chennai City Corporation, Tamil Nadu, India, 600032

Key Metrics

Founded Year

2020

Location

San Francisco, United States

Stage

Series A

Total Funding

$15.4M in 2 rounds

Latest Funding Round

Series A, Apr 04, 2023, $*****

Post Money Valuation

$***** as on Feb 17, 2023

Investors

Accel & 9 more

Ranked

2^nd among 71 active competitors

Employee Count

114 as on Aug 31, 2025

Similar Companies

Zluri & 79 more

View Spendflo's full profile

Spendflo is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Spendflo, Inc CIN: 3493252 , United States, Active	Aug 19, 2020	-	3 (As on Dec 31, 2024)	-
SPENDFLO INDIA PRIVATE LIMITED CIN: U72100TN2019PTC133310 , India, Active	Dec 19, 2019	₹10 - ₹50 Cr (As on Mar 31, 2025)	99 (As on Apr 01, 2026)

Spendflo has raised a total funding of $15.4M over 2 rounds. Its first funding round was on Jun 14, 2022. Its latest funding round was a Series A round on Apr 04, 2023 for $*****. 5 investors participated in its latest round. Spendflo has 10 institutional investors.

Here is the list of recent funding rounds of Spendflo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 04, 2023	7538591	Series A	6527147	5694160	3576318	6474158
Jun 14, 2022	4304376	Seed	6471663	2663055	Accel & 1 more	BoldCap & 1 more

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View details of Spendflo's funding rounds and investors

The founders of Spendflo are Siddharth Sridharan, Rajiv Ramanan and Ajay Vardhan. Siddharth Sridharan is the CEO of Spendflo.

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

Siddharth Sridharan: Co-Founder & CEO of Spendflo and founder of 1 other company. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Rajiv Ramanan: Co-Founder & CRO of Spendflo. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Ajay Vardhan: Co-Founder & CTO of Spendflo.
Contact Info: 1 email address

View details of Spendflo's Founder profiles and Board Members

Spendflo's employee count trend

Spendflo has 114 employees as of Aug 25. The total employee count is 19.0% more than what it was in Aug 24. Here is Spendflo's employee count trend over the years:

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Top competitors of Spendflo include Zluri, Zylo and Sastrify. Here is the list of Top 10 competitors of Spendflo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Zluri 2020, San Francisco (United States), Series B	Provider of SaaS management, access management, and access review solutions	$32.5M	Endiya Partners, Kalaari Capital & 30 others	69/100
2nd	Spendflo 2020, San Francisco (United States), Series A	AI-native procurement platform for managing SaaS and vendors	$15.4M	PROSPER, Accel & 8 others	69/100
3rd	Zylo 2015, Indianapolis (United States), Series C	Platform offering SaaS applications management solutions	$72.5M	High Alpha, Bessemer Venture Partners & 16 others	68/100
4th	Sastrify 2020, Cologne (Germany), Acquired	AI-powered platform designed for IT teams to manage software	$45.3M	Endeit Capital, FirstMark & 31 others	66/100
5th	BetterCloud 2011, New York City (United States), Series G	SaaS applications management solutions provider	$187M	Tribeca Venture Partners, Greycroft & 14 others	64/100
6th	FinQuery 2011, Atlanta (United States), Acquired	Cloud-based lease accounting and management software	$65.5M	Periphas Capital, Y Combinator & 5 others	60/100
7th	DoiT International 2011, Santa Clara (United States), Late Stage	Cloud spend management platform for enterprises	$100M	Deutsche Bank, Charlesbank Capital Partners ... & 2 others	57/100
8th	Vendr 2018, Boston (United States), Series B	Provider of software pricing data and negotiation insights for buyers	$216M	Craft Ventures, Tiger Global Management & 15 others	56/100
9th	Productiv 1999, Palo Alto (United States), Series C	SaaS management solution	$73M	IVP, Norwest & 8 others	56/100
10th	Cloudeagle AI 2019, Palo Alto (United States), Seed	AI-powered SaaS management and governance platform	$500K	Y Combinator, Dragon Capital & 6 others	56/100