Spotnana - About the company
Spotnana is a series B company based in New York City (United States), founded in 2019 by Sarosh Waghmar and Shikhar Agarwal. It operates as a SaaS-driven API-based travel ecosystem and business management solution. Spotnana has raised $116M in funding from investors like Iconiq Capital, Madrona and Lufthansa Group, with a current valuation of $*****. The company has 773 active competitors, including 141 funded and 125 that have exited. Its top competitors include companies like Brex, Ramp and Zaggle.
Company Details
SaaS-driven API-based travel ecosystem and business management solution. The platform caters to the travel industry. It provides access to an open stack of microservices that connect with relevant third-party travel solution providers including suppliers, HR, carbon offsets, and meetings management options.
- Website
- www.spotnana.com/
- Registered Address
- C/O Ashley King Ltd, 68 St Margrets Road, Edgware, Middlesex, United Kingdom
Key Metrics
Founded Year
2019
Location
New York City, United States
Stage
Series B
Total Funding
$116M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 27, 2024
Investors
Ranked
27th among 773 active competitors
Employee Count
139 as on Mar 31, 2025
Legal entities associated with Spotnana
Spotnana is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SPOTNANA TECHNOLOGY PRIVATE LIMITED CIN: U63090MH2019PTC321298 , India, Active | Feb 15, 2019 | $8.61M (As on Mar 31, 2025) | 139 (As on Mar 31, 2025) | |
Spotnana Technology Ltd CIN: 11735296 , United Kingdom, Active | Dec 18, 2018 | - | 14 (As on Jan 31, 2024) | |
SPOTNANA TECHNOLOGY, INC. CIN: 32072688495 , United States, Active | Dec 03, 2019 | - | 109 (As on Dec 31, 2022) | - |
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Spotnana's funding and investors
Spotnana has raised a total funding of $116M over 4 rounds. Its first funding round was on 2020. Its latest funding round was a Series B round on Aug 10, 2023 for $*****. 1 investor participated in its latest round. Spotnana has 11 institutional investors.
Here is the list of recent funding rounds of Spotnana:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 10, 2023 | 1216560 | Series B | 2366673 | 8023418 | 3326777 | 4187624 |
Jul 26, 2022 | 1179371 | Series B | 1795045 | 9387226 | 1787613 | |
Sep 23, 2021 | 3315635 | Series A | 3818909 | 2191047 |
View details of Spotnana's funding rounds and investors
Spotnana's founders and board of directors
Founder? Claim ProfileThe founders of Spotnana are Sarosh Waghmar and Shikhar Agarwal.
Here are the details of Spotnana's key team members:
- Sarosh Waghmar: Co-Founder & Chief Product Officer of Spotnana. They serve on the board of 1 company.Contact Info: 1 email address
- Shikhar Agarwal: Co-Founder of Spotnana. They serve on the board of 1 company.Contact Info: 1 email address
Spotnana's Board of Directors
Spotnana's board has 4 active members. Sarosh Waghmar, Shikhar Agarwal, Steven Singh and Greg Stanger are independent board members.Here is the list of Spotnana's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 4y 4m | |
imccofm | Independent board member | - | Current | 5y 4m |
occplcz | Independent board member | - | Current | 6y 9m |
maavgxg | Independent board member | - | Current | 9y 8m |
View details of Spotnana's Founder profiles and Board Members
Spotnana's employee count trend
Spotnana has 139 employees as of Mar 25. The total employee count is 5.0% lower than what it was in Mar 24. Here is Spotnana's employee count trend over the years:
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Spotnana's Competitors and alternates
Top competitors of Spotnana include Brex, Ramp and Zaggle. Here is the list of Top 10 competitors of Spotnana, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Brex 2017, Draper (United States), Acquired | Provider of financial software platform, cards, banking, expense, and accounting | $1.2B | 85/100 | |
2nd | Ramp 2019, New York City (United States), Series E | Provider of a platform for spend management, corporate cards, and payables | $2.44B | 84/100 | |
3rd | Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows | $13.7M | 83/100 | ||
4th | Navan 2015, Palo Alto (United States), Public | Provider of a platform for business travel and expense management | $1.58B | 80/100 | |
5th | Provider of spend management platform with virtual and physical card options | $434M | 80/100 | ||
6th | Concur 1988, Bellevue (United States), Acquired | Provider of travel, expense, and invoice management solutions for businesses | - | 75/100 | |
7th | Fyle 2016, Newark (United States), Acquired | Provider of expense management software automating receipt tracking and reconciliation | $15.4M | 74/100 | |
8th | Provider of spend management platform automating expense claims and invoice processing | $304M | 74/100 | ||
9th | Perk 2012, Austin (United States), Series E | Provider of AI powered platform for managing business travel, expenses, and invoices | $715M | 74/100 | |
10th | Emburse 2002, San Francisco (United States), Acquired | Provider of travel, expense, payment, invoice, and automation management solutions | $7.5M | 72/100 | |
27th | Spotnana 2019, New York City (United States), Series B | SaaS-driven API-based travel ecosystem and business management solution | $116M | 63/100 |
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Spotnana's Investments and acquisitions
Spotnana has made no investments or acquisitions yet.
News related to Spotnana
Media has covered Spotnana for a total of 4 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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Spotnana Integrates with Booking.com for Access to Global InventoryTravolution•Dec 02, 2025•Spotnana, Booking.com
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Cadence Partners with Spotnana to Modernize Corporate Travel ManagementPR Newswire•Mar 26, 2025•Cadence, Spotnana
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Spotnana Expands Content Offerings In India Via CleartripTravolution•Feb 14, 2025•Spotnana, Cleartrip
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Spotnana appoints Pelzer as chief operating officerBusiness Travel News Europe•Jan 28, 2025•Spotnana
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Spotnana establishes NDC connection with British AirwaysBusiness Travel News Europe•Jan 23, 2025•Spotnana, BritishAirways
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Spotnana integrates Thrust Carbon emissions dataBusiness Travel News Europe•Jul 23, 2024•Spotnana, ThrustCarbon
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