One Platform. All your Procurement. Spendflo is the AI Native Procurement Platform that brings every step from intake to procure into one intelligent system.
One Platform. All your Procurement. Spendflo is the AI Native Procurement Platform that brings every step from intake to procure into one intelligent system.
What they do: AI-native procurement platform for SaaS buying, contract management, renewals, and procurement workflow automation
Founded: 2021
Founders: Siddharth Sridharan; Ajay Vardhan; Rajiv Ramanan
Employees (approx.): 135
Known funding: Seed and Series A (seed reported ~$4.4M); total funding reported ~$4.65M
SaaS procurement inefficiency, decentralized contract management, renewal risk, and uncontrolled SaaS spend
2021
IT Services and IT Consulting
$4.4M
Seed round included participation from BoldCap, Signal Peak Ventures and multiple founders/operators.
$11M
Company announced a Series A in April 2023.
“Accel; Prosus Ventures; Together Fund; BoldCap; Signal Peak Ventures”
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