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2024 Revenue

$6.4M(Est.)

Funding

$3M

Team

23

Founded

2016

Spencer Revenue & Funding (2024)

Spencer generated an estimated $6.4M in annual revenue in 2024. Source: GetLatka estimate

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.

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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.

Spencer Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$1.5M$3M$4.5M$6M$7.5M201620172018201920202021202220232024$0$4.8M$5M$6.4MSource: GetLatka.com
YearMilestoneSource
2024Spencer Hit $6.4m revenue in October 2024Estimated
2023Spencer Hit $5m revenue in December 2023Estimated
2021Spencer Hit $4.8m revenue in April 2021Not recorded
2016Launched 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.

Spencer Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$750K$0.4$1.5M$0.6$2.3M$0.8$3M$1$3.8M201620172018Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2018Funding round$3M--Not recorded

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.

Spencer Employees & Team Size

Spencer employs approximately 23 people as of 2026, up from 19 in 2023.

Spencer Team GrowthReported headcount over time020406080100201620172018201920202021202220232024002323Source: GetLatka.com
YearMilestoneSource
2024Reached 23 employees (December 2024)Not recorded
2024Reached 19 employees (October 2024)Not recorded
2023Reached 19 employees (December 2023)Not recorded
2022Reached 17 employees (December 2022)Not recorded
2021Reached 22 employees (December 2021)Not recorded
2021Reached 78 employees (April 2021)Not recorded

Frequently Asked Questions about Spencer

What is Spencer's revenue?

As of 2024, Spencer generated an estimated $6.4M in annual revenue.

Who founded Spencer?

Spencer was founded by Maarten Raemdonck.

When was Spencer founded?

Spencer was founded in 2016.

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?

As of 2024, Spencer had 23 employees.

Where is Spencer headquartered?

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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