2024 Revenue
$6.4M
Funding
$3M
YOY
28%
Team
23
Founded
2016
How Spencer CEO Maarten Raemdonck grew to $6.4M revenue with a 23 person team in 2024.
Developer of a mobile workplace assistant intended to provide a digital personal assistant for employees. The company's platform combines information and actions from scattered tools and applications into a single digital platform in order to guide employees and improve productivity, enabling employees in handling everything from managing schedules to requesting holiday leave, calling in sick and uploading doctor's note.
Last updated
Spencer Revenue
In 2024, Spencer's revenue reached $6.4M. The company previously reported $5M in 2023. Since its launch in 2016, Spencer has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Spencer Hit $6.4m revenue in October 2024 | |
| 2023 | Spencer Hit $5m revenue in December 2023 | |
| 2021 | Spencer Hit $4.8m revenue in April 2021 | |
| 2016 | Launched with $0 revenue |
Spencer Valuation, Funding Rounds
Spencer has not publicly disclosed its valuation. The company has raised $3M in total funding to date.
Spencer has raised $3M in total funding across 1 round, with its most recent round in 2018.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2018 | Funding round | $3M | - | - |
Founder / CEO
Maarten Raemdonck
CEO
Helping companies (re-)connect with today's employees, by bringing their strategy, purpose, mission and vision to their employees, in a personalised channel, with guaranteed reach and meaningful insights. By assisting employees every day, guiding them through the moments of truth and re-connecting them to the purpose of the company, Spencer delivers an experience that matters to employees, with results that matter to the organisation. Driving employee engagement, productivity, talent retention and ultimately talent attraction for companies that want to capitalize on their existing engagement investment through an employee experience that is unique to their company.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Spencer yet.
Spencer Employees & Team Size
Spencer employs approximately 23 people as of 2026, up from 19 in 2023.
| Year | Milestone |
|---|---|
| 2024 | Reached 23 employees (December 2024) |
| 2024 | Reached 19 employees (October 2024) |
| 2023 | Reached 19 employees (December 2023) |
| 2022 | Reached 17 employees (December 2022) |
| 2021 | Reached 22 employees (December 2021) |
| 2021 | Reached 78 employees (April 2021) |
Frequently Asked Questions about Spencer
What is Spencer's revenue?
Spencer generates an estimated $6.4M in annual revenue.
Who founded Spencer?
Spencer was founded by Maarten Raemdonck.
Who is the CEO of Spencer?
The CEO of Spencer is Maarten Raemdonck.
How much funding does Spencer have?
Spencer raised $3M across 1 round.
How many employees does Spencer have?
Spencer has 23 employees.
Where is Spencer headquarters?
Spencer is headquartered in Antwerp, Woluwe - Saint-lambert, Belgium.
Compare Spencer to the industry
Spencer operates across multiple industries. Browse revenue, funding, and growth data for Spencer in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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