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Valuation

$11.3M

2021 Revenue

$3.8M

Funding

$0

Team

45

Founded

2013

How SpendHQ CEO Tom Beaty grew to $3.8M revenue with a 45 person team in 2021.

Developer of a spend analysis software designed to provide rapid, accurate and detailed visibility into spend data. The company's software facilitates clear and actionable insight into vendor contracts and agreements to maximize strategic sourcing leverage and create measurable savings and empower users procurement professionals with instant access to the information they need to uncover maverick spend by strategic category, enabling clients to see their spend clearly and drive savings confidently.

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SpendHQ Revenue

In 2021, SpendHQ's revenue reached $3.8M. Since its launch in 2013, SpendHQ has shown consistent revenue growth.

SpendHQ Revenue GrowthReported revenue / ARR over time$0$1M$2M$3M$4M201320142015201620172018201920202021$0$4MSource: GetLatka.com
YearMilestoneQuote
2021SpendHQ Hit $3.8m revenue in April 2021
2013Launched with $0 revenue

SpendHQ Valuation, Funding Rounds

SpendHQ's most recent disclosed valuation is $11.3M.

SpendHQ is a bootstrapped Analytics Platforms startup. Founded in 2013, SpendHQ has grown to $3.8M in revenue without raising any venture capital or outside funding.

As a self-funded Analytics Platforms SaaS company, SpendHQ has built its business with no outside investment.

SpendHQ Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12013Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Tom Beaty

Tom is the CEO and founder of SpendHQ, Insight Sourcing Group and the Witness to War Foundation. Tom has over 20 years of strategic sourcing and management experience and has been recognized nationally for both his success as an entrepreneur and as an advocate for our war veterans.

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Customers

We do not have customer count information for SpendHQ yet.

SpendHQ Employees & Team Size

SpendHQ employs approximately 45 people as of 2026, including 3 sales reps that carry a quota.

SpendHQ Team GrowthReported headcount over time01020304050201320142015201620172018201920202021004545Source: GetLatka.com
YearMilestone
2021Reached 45 employees (April 2021)

Frequently Asked Questions about SpendHQ

What is SpendHQ's revenue?

SpendHQ generates $3.8M in revenue.

Who founded SpendHQ?

SpendHQ was founded by Tom Beaty.

Who is the CEO of SpendHQ?

The CEO of SpendHQ is Tom Beaty.

How much funding does SpendHQ have?

SpendHQ raised $0.

How many employees does SpendHQ have?

SpendHQ has 45 employees.

Where is SpendHQ headquarters?

SpendHQ is headquartered in United States.

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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SpendHQ Revenue 2021: $3.8M ARR, $11.3M Valuation