When was SpendWise founded?

SpendWise was founded in 2025 and raised its 1st funding round 1 year after it was founded.

Where is SpendWise located?

SpendWise is headquartered in San Francisco, United States.

Who is the current CEO of SpendWise?

Chris Heckler of SpendWise. They have also founded 1 company.

How many employees does SpendWise have?

As of Sep 30, 2026, the latest employee count at SpendWise is 12.

Is SpendWise a funded company?

SpendWise is a funded company, having raised a total of $6M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 18, 2026.

When was the latest funding round of SpendWise?

SpendWise's latest funding was a $***** Seed round on Oct 29, 2026, with participation from 1 investor.

Where does SpendWise rank among its competitors?

SpendWise ranks 1st amongst 13 active competitors, only 1 of which is funded. SpendWise, which secured $2M in Feb, 2026.

Who are the top competitors of SpendWise?

SpendWise's top competitors include Simpliphy, Healthy Contracts and PactSeal. Among them, SpendWise secured the most recent funding round in October, 2026.

SpendWise - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of contract intelligence platform validating purchased services invoices against terms. The platform turns complex contracts into enforceable controls before payment. It enforces purchased services contract terms at the point of payment. The platform monitors for errors and protects margins without replacing existing systems. It validates invoices against the contract and highlights mismatches before payment.

Key Metrics

Founded Year

2025

Location

San Francisco, United States

Stage

Seed

Total Funding

$6M in 2 rounds

Latest Funding Round

Seed, Oct 29, 2026, $*****

Investors

Abundant Venture Partners & 2 more

Ranked

1^st among 13 active competitors

Employee Count

12 as on Sep 30, 2026

Similar Companies

Simpliphy & 11 more

View SpendWise's full profile

SpendWise has raised a total funding of $6M over 2 rounds. Its first funding round was on Feb 18, 2026. Its latest funding round was a Seed round on Oct 29, 2026 for $*****. 1 investor participated in its latest round. SpendWise has 3 institutional investors.

Here is the list of recent funding rounds of SpendWise:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 29, 2026	2959957	Seed	3295829	3559163	4547482	8268180
Feb 18, 2026	2309834	Seed	1587325	3287207	Abundant Venture Partners	MemorialCare Innovation Fund & 1 more

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View details of SpendWise's funding rounds and investors

The founders of SpendWise are Joseph Akintolayo and Chris Heckler. Chris Heckler is the CEO of SpendWise.

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

Joseph Akintolayo: Co-Founder of SpendWise.
Contact Info: 1 email address
Chris Heckler: Co-Founder & CEO of SpendWise.
Contact Info: 1 email address

View details of SpendWise's Founder profiles and Board Members

SpendWise's employee count trend

SpendWise has 12 employees as of Sep 26. Here is SpendWise's employee count trend over the years:

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Top competitors of SpendWise include Simpliphy, Healthy Contracts and PactSeal. Here is the list of Top 10 competitors of SpendWise, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SpendWise 2025, San Francisco (United States), Seed	Provider of contract intelligence platform validating purchased services invoices against terms	$6M	MemorialCare Innovation Fund, Abundant Venture Partners ... & 1 others	42/100
2nd	Simpliphy 2014, Greenville (United States), Unfunded	Just a moment...	-	-	27/100
3rd	Healthy Contracts 2017, Exeter (United States), Unfunded	Provider of contract lifecycle management for healthcare	-	-	24/100
4th	PactSeal Denmark, Unfunded	Developer of artificial intelligence software for automated contract lifecycle management	-	-	24/100
5th	https://leanovent.de/myfactory71/web/PortalErrorPage.html Public	Provider of IT services that has merged with a medical firm	-	-	18/100
6th	Intelizen 2023, Mountain View (United States), Funding Raised	Provider of artificial intelligence software for managing healthcare contract agreements	-	Antler	18/100
7th	Cesign Hyderabad (India), Unfunded	Provider of digital signature software for document signing and management	-	-	16/100
8th	Provider Shield Brisbane (Australia), Unfunded	Developer of software for compliance documentation and claim submission auditing	-	-	16/100
9th	Averin Health Unfunded	Developer of software for managing value based care contract performance	-	-	16/100
10th	ContractMD.ai 2026, Unfunded	Developer of software for analyzing physician employment contract clause risks	-	-	16/100