
Spendkey is an AI-powered spend strategy platform that transforms data and documents into profit-driving recommendations and clear actions. Founded by industry experts Alex and Akshay in 2020, the company offers a comprehensive solution for managing spend and supplier contracts. Their AI platform, Cassian AI, integrates spend analysis, contract analysis, and market intelligence to automate tasks, reduce costs, and mitigate risks. Spendkey aims to empower organizations with data-driven decisions for optimal financial performance, serving leaders in finance, procurement, and technology across various industries. They have secured funding and have grown significantly since their inception, with a focus on innovation and customer success.

Spendkey is an AI-powered spend strategy platform that transforms data and documents into profit-driving recommendations and clear actions. Founded by industry experts Alex and Akshay in 2020, the company offers a comprehensive solution for managing spend and supplier contracts. Their AI platform, Cassian AI, integrates spend analysis, contract analysis, and market intelligence to automate tasks, reduce costs, and mitigate risks. Spendkey aims to empower organizations with data-driven decisions for optimal financial performance, serving leaders in finance, procurement, and technology across various industries. They have secured funding and have grown significantly since their inception, with a focus on innovation and customer success.
What they do: AI-powered spend strategy platform (spend and contract analysis, market intelligence)
Founders: Akshay Upadhye (Founder & COO) and Amol Malpani (Co‑founder & CTO)
Headcount: 27 employees
Last funding: Pre-Seed round on 2023-05-10
Investors: Fuel Ventures and Scalebridge Capital
Procurement, spend analytics, contract management, and cost optimisation for finance and procurement teams.
2020
SaaS; Spend analytics / Procurement technology
450000.00
Investors listed for the round: Fuel Ventures and Scalebridge Capital
“Fuel Ventures and Scalebridge Capital participated in the disclosed Pre-Seed round”