1
Pax8
Greenwood Village, Colorado, United States
One cloud Marketplace. Infinite growth. Buy, sell, and manage cloud solutions with the Marketplace that fuels your business.
- Revenue
- $2B
- Year founded
- 2012
- Funding
- $395.6M
- Team size
- 1.8K
Top 37 SaaS Spend Management Software Companies (August 2026)
As of August 2026, Latka tracks 37 SaaS spend management software companies. They have combined revenues of $2.4B and employ 4.6K people. They have raised $747.5M and serve 2M customers combined.
Every company below sells SaaS spend management software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.
What SaaS Spend Management Software Companies do
SaaS Spend Management Software is designed to help organizations track, analyze, and optimize their spending on cloud-based software subscriptions. This category of software provides companies with tools to monitor usage, identify inefficiencies, and manage costs associated with their SaaS stack. By enabling organizations to gain visibility into their software expenditures, these platforms support strategic decision-making regarding software procurement and renewal processes. Typical features of SaaS Spend Management Software include budget tracking, automated reporting, usage monitoring, and multi-app analytics. Users, primarily from finance, procurement, and IT departments, leverage these tools to enhance their financial oversight and ensure maximum return on investment from their software subscriptions. As businesses increasingly rely on multiple SaaS applications, these tools play a critical role in managing their digital portfolio effectively.
- Companies
- 37
- Revenue
- $2.4B
- Funding
- $747.5M
- Employees
- 4.6K
Filters
Sorting: Highest -> Lowest
Top SaaS Spend Management Software Companies by revenue
Showing 10 of 37 companies ranked by annual revenue.
- Revenue
- $94.8M
- Year founded
- 2019
- Funding
- $132M
- Team size
- 225
3
DoiT
Santa Clara, California, United States
DoiT is committed to helping simplify how you consume cloud so you can focus on business growth and innovation. With the tools and expertise to buy, manage, and measure your multicloud usage and costs, DoiT delivers procurement advantage, world-class expertise to solve essential challenges, and full-service FinOps solutions to navigate and automate spend. DoiT’s global team of cloud experts have decades of experience in the analytics, optimization, and governance of cloud architecture, as well as specializations in Kubernetes, artificial intelligence (AI) and much more. An award-winning strategic partner of Google Cloud, AWS, and Microsoft Azure, we work alongside more than 3,000 customers in 70+ countries worldwide.
- Revenue
- $86.8M
- Year founded
- 2011
- Team size
- 789
4
Sastrify
Cologne, Germany
Virtual Software-as-a-Service procurement service, helping digital-first companies to optimize their SaaS tools.
- Revenue
- $31.1M
- Customers
- 70
- Year founded
- 2020
- Funding
- $55.3M
- Team size
- 159
5
Torii
New York, New York, United States
Manage all your SaaS apps. In one single place. Torii lets IT professionals discover, optimize, and control their organization’s SaaS usage and costs.
- Revenue
- $21.3M
- Year founded
- 2017
- Funding
- $65M
- Team size
- 125
6
vantage.sh
New York City, New York, United States
Vantage is the leading independent cloud cost management platform, built to help businesses manage and optimize their cloud infrastructure costs through a suite of tools. Founded in 2020, Vantage provides actionable insights to organizations, enabling them to analyze, report on, and optimize cloud spending across multiple providers such as AWS, Azure, and Google Cloud.
- Revenue
- $17.9M
- Year founded
- 2020
- Team size
- 98
- Revenue
- $15M
- Customers
- 250
- Year founded
- 2020
- Funding
- $12M
- Team size
- 286
8
Vertice
London, England, United Kingdom
Vertice is a tech-enabled SaaS purchasing solution that helps businesses save on their annual software expenditure.
- Revenue
- $12M
- Year founded
- 2021
- Funding
- $26M
- Team size
- 299
9
Cledara
New York, New York, United States
Cledara is a SaaS management platform that helps companies discover, buy, manage, and cancel the software they use to run their business. As of early 2023, the platform served more than 1,000 customers across 32 countries, with those customers purchasing or renewing nearly 750,000 software subscriptions in the prior 12 months from more than 5,000 vendors. The company raised its Series A in Q3 2022. Cledara's platform generates more than 2,000,000 data points daily, giving the company what co-founder and COO Brad Van Leeuwen described as "probably the best real time view of SaaS buying that exists anywhere in the world." Between late 2022 and early 2023, Cledara overhauled its go-to-market strategy, shifting from a demo-first motion to a free-plan-led approach targeting companies with 50 to 500 employees. The overhaul produced nearly a 3x increase in pipeline quarter over quarter, driven by a 9x improvement in click-through rates after replacing "Book a Demo" calls to action with "Get Started Free."
- Revenue
- $10.8M
- Customers
- 1K
- Year founded
- 2018
- Funding
- $24.3M
- Team size
- 63
10
Binadox
Seattle, Washington, United States
Binadox provides SaaS subscription management, optimize the organization SaaS costs & discover SaaS usage. We help organizations & enterprises manage SaaS applications to lower costs.
- Revenue
- $10.6M
- Year founded
- 2015
- Team size
- 59
Frequently asked questions about SaaS Spend Management Software Companies
How many SaaS spend management software companies are there?
Latka tracks 37 SaaS spend management software companies with reported revenue. Together they generate $2.4B in annual revenue and employ 4.6K people.
Which SaaS spend management software company is the largest?
Pax8 is the largest, with $2B in annual revenue, founded in 2012.
How much revenue does a typical SaaS spend management software company make?
The average SaaS spend management software company in this list makes $63.9M a year, across 37 companies with reported revenue. They serve 2M customers combined.
Who are the leading SaaS Spend Management software vendors?
Ranked by annual revenue, the leaders are Pax8, Vendr, DoiT, Sastrify and Torii.
How much funding have SaaS spend management software companies raised?
The 37 SaaS spend management software companies tracked here have raised $747.5M in disclosed funding between them.
Related IT Management Software categories
Inclusion Criteria
- Must provide capabilities to track and analyze SaaS subscription costs - Should include features for monitoring software usage and license utilization - Must offer reporting tools that provide insights into spending patterns - Should allow for budget creation and management related to SaaS expenses - Must support multi-app analytics to compare costs across different software solutions - Not just a billing tool; must also provide insights on usage and optimization strategies - Should be suitable for use by finance, procurement, and IT departments