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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.
Social
X
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
Ranked
Employee Count
139 as on Mar 31, 2025
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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:lockFilter this list
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
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Spotnana's founders and board of directors

Founder? Claim Profile
The founders of Spotnana are Sarosh Waghmar and Shikhar Agarwal.
Here are the details of Spotnana's key team members:

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

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:
Employee count trend for Spotnana
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Brex
Brex
2017, Draper (United States), Acquired
Provider of financial software platform, cards, banking, expense, and accounting
$1.2B
85/100
2nd
Logo for Ramp
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
Logo for Zaggle
Zaggle
2011, Hyderabad (India), Public
Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows
$13.7M
83/100
4th
Logo for Navan
Navan
2015, Palo Alto (United States), Public
Provider of a platform for business travel and expense management
$1.58B
80/100
5th
Logo for Pleo
Pleo
2015, Copenhagen (Denmark), Series C
Provider of spend management platform with virtual and physical card options
$434M
80/100
6th
Logo for Concur
Concur
1988, Bellevue (United States), Acquired
Provider of travel, expense, and invoice management solutions for businesses
-
75/100
7th
Logo for Fyle
Fyle
2016, Newark (United States), Acquired
Provider of expense management software automating receipt tracking and reconciliation
$15.4M
74/100
8th
Logo for Spendesk
Spendesk
2016, Paris (France), Series C
Provider of spend management platform automating expense claims and invoice processing
$304M
74/100
9th
Logo for Perk
Perk
2012, Austin (United States), Series E
Provider of AI powered platform for managing business travel, expenses, and invoices
$715M
74/100
10th
Logo for Emburse
Emburse
2002, San Francisco (United States), Acquired
Provider of travel, expense, payment, invoice, and automation management solutions
$7.5M
72/100
27th
Logo for Spotnana
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

lockFilter this list
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.
Spotnana connects to Premier Inn APIBusiness Travel News EuropeApr 11, 2026Spotnana
Spotnana appoints Pelzer as chief operating officerBusiness Travel News EuropeJan 28, 2025Spotnana
Spotnana names VP of partnershipsBusiness Travel News EuropeOct 09, 2024Spotnana
Spotnana integrates Thrust Carbon emissions dataBusiness Travel News EuropeJul 23, 2024Spotnana, ThrustCarbon
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FAQs about Spotnana

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