Valuation
$1.1B
2025 Revenue
$50M
Customers
3.5K
Funding
$425.1M
YOY
4%
Avg ACV
$14.3K
Team
311
Founded
2016
Spendesk Revenue, Valuation & Funding (2025)
Spendesk is a financial technology company that provides a spend management platform for businesses. Spendesk's platform includes features such as virtual and physical payment cards, expense management, invoice processing, and budget tracking. The platform is designed to help businesses simplify their financial operations, improve expense control and visibility, and automate administrative tasks. Spendesk serves clients across various industries, including e-commerce, consulting, and technology.
Last updated
Spendesk Revenue
In 2025, Spendesk's revenue reached $50M. The company previously reported $50M in 2024. Since its launch in 2016, Spendesk has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Spendesk Hit $52m revenue in March 2025 | |
| 2024 | Spendesk Hit $50m revenue in January 2024 | sifted.euEstimated |
| 2021 | Spendesk Hit $24.7m revenue in July 2021 | |
| 2016 | Launched with $0 revenue |
Spendesk Valuation, Funding Rounds
Spendesk reached a $1.1B valuation in 2022, set during its Series C round.
Spendesk has raised $425.1M in total funding across 6 rounds, most recently a $113.2M Series C round in 2022.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2022 | Series C | $113.2M | $1.1B | 10% | |
| 2022 | €100M Series C extension led by Tiger Global | $114M | - | - | techcrunch.com |
| 2021 | Series C | $117.7M | - | - | |
| 2019 | Series B | $68.5M | - | - | |
| 2018 | Series A | $9.4M | - | - | |
| 2017 | Seed Round | $2.2M | - | - |
Founders
Rodolphe Ardant
Cofounder
A graduate of École Polytechnique and Columbia University, Rodolphe Ardant created his first company straight out of university. In 2013, he sold Wozaik, a digital advertising startup, to Solocal and took up the role of COO at Drivy before getting back to the entrepreneurial roots with eFounders.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Spendesk serves 3.5K customers.
Spendesk Employees & Team Size
Spendesk employs approximately 300 people as of 2026, down from 441 in 2024, including 140 sales reps that carry a quota. It serves 3.5K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 311 employees (November 2025) | |
| 2025 | Reached 300 employees (January 2025) | sifted.eu |
| 2024 | Reached 441 employees (December 2024) | |
| 2024 | Reached 615 employees (October 2024) | |
| 2023 | Reached 615 employees (December 2023) | |
| 2023 | Reached 615 employees (September 2023) | |
| 2023 | Reached 595 employees (July 2023) | |
| 2023 | Reached 580 employees (January 2023) | |
| 2022 | Reached 547 employees (December 2022) | |
| 2022 | Reached 371 employees (January 2022) | |
| 2022 | Reached 466 employees (January 2022) | |
| 2021 | Reached 351 employees (December 2021) | |
| 2021 | Reached 304 employees (August 2021) | |
| 2021 | Reached 300 employees (July 2021) | |
| 2020 | Reached 243 employees (December 2020) | |
| 2020 | Reached 206 employees (June 2020) | |
| 2019 | Reached 130 employees (December 2019) | |
| 2018 | Reached 47 employees (December 2018) |
Frequently Asked Questions about Spendesk
What is Spendesk's revenue?
Spendesk generates $50M in revenue.
Who founded Spendesk?
Spendesk was founded by Rodolphe Ardant.
Who is the CEO of Spendesk?
The CEO of Spendesk is Axel Demazy.
How much funding does Spendesk have?
Spendesk raised $425.1M across 6 rounds.
How many employees does Spendesk have?
Spendesk has 311 employees.
Where is Spendesk headquarters?
Spendesk is headquartered in Paris, Ile-de-France, France.
Compare Spendesk to the industry
Spendesk operates across multiple industries. Browse revenue, funding, and growth data for Spendesk 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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