Spendeskrevenue, valuation & funding
Financial Services SoftwareParis, Ile-de-France, FranceFounded 2016CEO Axel Demazy
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.
Spendesk revenue
Spendesk's annual revenue was $52M in March 2025, the most recent figure on record.
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Jul 2021 | $24.7M | – |
| 2024 | $50MEST. | sifted.eu estimate |
| Mar 2025 | $52M | User Submission |
– source not recorded
Spendesk valuation
Spendesk is privately held, so there is no Spendesk stock to buy. Investors valued it at $1.1B in its 2022 Series C Extension, led by Tiger Global.
Spendesk funding rounds & investors
Spendesk has raised $311.8M across five rounds since 2017. The latest was a $114M Series C Extension in 2022, led by Tiger Global.
| Date | Round | Raised | Valuation | Led by | Source |
|---|---|---|---|---|---|
| 2022 | Series C Extension | $114M | $1.1B | Tiger Global | TechCrunch |
| Jul 2021 | Series C | $117.7M | – | – | |
| Sep 2019 | Series B | $68.5M | – | – | |
| Jan 2018 | Series A | $9.4M | – | – | |
| Jan 2017 | Seed | $2.2M | – | – | |
| Total raised | $311.8M |
Spendesk competitors
Spendesk competes most directly with Ramp, Airbase and Continually.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Ramp | $1.4B | $2.6B | 3,205 | 25K | 2006 |
 Airbase | $96.6M | $251.5M | 353 | – | 2017 |
| Spendesk | $52M | $311.8M | 311 | 3.5K | 2016 |
 Continually | $673.1K | $486.7K | 3 | – | 2018 |
#74 of 684 Financial Services Software companies by revenue · category median $4M · See the ranking
Spendesk CEO, founders & employees
Rodolphe Ardant founded Spendesk in 2016. Axel Demazy is CEO. Spendesk has 311 employees (November 2025, LinkedIn).
- Axel DemazyCEO
- Rodolphe ArdantCofounder
InvestorsChristophe Maurissen
All 18 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Nov 2025 | 311 | |
| 2025 | 300 | sifted.eu |
| Dec 2024 | 441 | |
| Oct 2024 | 615 | |
| Dec 2023 | 615 | |
| Sep 2023 | 615 | – |
| Jul 2023 | 595 | – |
| 2023 | 580 | – |
| Dec 2022 | 547 | |
| Jan 2022 | 371 | – |
| 2022 | 466 | – |
| Dec 2021 | 351 | |
| Aug 2021 | 304 | – |
| Jul 2021 | 300 | – |
| Dec 2020 | 243 | – |
| Jun 2020 | 206 | – |
| Dec 2019 | 130 | – |
| Dec 2018 | 47 | – |
Spendesk FAQ
What is Spendesk's revenue?
Spendesk's annual revenue was $52M in March 2025, according to a submission to GetLatka. No later figure is on record.
What is Spendesk's valuation?
Investors valued Spendesk at $1.1B in its 2022 Series C Extension, led by Tiger Global, according to TechCrunch.
How much funding has Spendesk raised?
Spendesk has raised $311.8M across five funding rounds. The latest was a $114M Series C Extension in 2022, led by Tiger Global.
Who owns Spendesk?
Spendesk is privately held. Its lead investors include Tiger Global.
How many employees does Spendesk have?
Spendesk has 311 employees as of November 2025, according to LinkedIn.
Who is the CEO of Spendesk?
Axel Demazy is the CEO of Spendesk.
Who founded Spendesk?
Rodolphe Ardant founded Spendesk in 2016.
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How this page is sourced
9 from public sources · 1 estimate. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 5, 2026Data disclaimerReport a correctionClaim this profileRun Spendesk? Join the podcast