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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 790 active competitors, including 145 funded and 128 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 12 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
1814235
Series B
3030293
2207255
9960012
9211408
Jul 26, 2022
4138813
Series B
6568150
6474844
9246064
Sep 23, 2021
4296356
Series A
2417141
4573486
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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 8m
wsbe{cd
Independent board member
-
Current
8y 6m
gcjg{up
Independent board member
-
Current
9y 6m
ihmtlum
Independent board member
-
Current
7y 7m

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 F
Provider of a platform for spend management, corporate cards, and payables
$3.22B
84/100
3rd
Logo for Zaggle
Zaggle
2011, Mumbai (India), Public
Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows
$13.7M
84/100
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 Perk
Perk
2012, Austin (United States), Series E
Provider of AI powered platform for managing business travel, expenses, and invoices
$715M
78/100
7th
Logo for Yonder
Yonder
2020, London (United Kingdom), Series B
Online platform to discover & book outdoor tours
$81.4M
76/100
8th
Logo for Fyle
Fyle
2016, Newark (United States), Acquired
Provider of expense management software automating receipt tracking and reconciliation
$15.4M
76/100
9th
Logo for Spendesk
Spendesk
2016, Paris (France), Series C
Provider of software for managing corporate spending and invoice processing
$304M
76/100
10th
Logo for Emburse
Emburse
2002, San Francisco (United States), Acquired
Provider of travel, expense, payment, invoice, and automation management solutions
$7.5M
76/100
30th
Logo for Spotnana
Spotnana
2019, New York City (United States), Series B
SaaS-driven API-based travel ecosystem and business management solution
$116M
62/100
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Spotnana's Investments and acquisitions

Spotnana has made no investments or acquisitions yet.

Reports related to Spotnana

Here is the latest report on Spotnana's sector:

News related to Spotnana

lockFilter this list
Media has covered Spotnana for a total of 5 events in the last 1 year, 3 of them have been about company updates and 2 about partnerships.
Spotnana adds direct connection with TravelodgeBusiness Travel News EuropeMay 06, 2026Spotnana, Travelodge
Spotnana connects to Premier Inn APIBusiness Travel News EuropeApr 11, 2026Spotnana
Spotnana appoints Pelzer as chief operating officerBusiness Travel News EuropeJan 28, 2025Spotnana
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