2024 Revenue
$3.9M
Customers
5.5K
Funding
$3.7M
YOY
40.7%
Avg ACV
$700
Team
70
Founded
2014
How SPENDIT CEO Ralph Meyer grew to $3.9M revenue and 5.5K customers in 2024.
Developer of a digital canteen application intended to by innovative in terms of employee benefits. The company's application offers a digital canteen and supports employees with subsidy to buy their food in the supermarkets or the restaurants and offers no restriction in selection of the restaurant, enabling employers to simplify the concept of food trade mark and employees to eat food in the place of their choice.
Last updated
SPENDIT Revenue
In 2024, SPENDIT's revenue reached $3.9M. The company previously reported $2.7M in 2023. Since its launch in 2014, SPENDIT has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | SPENDIT Hit $3.9m revenue in October 2024 | |
| 2023 | SPENDIT Hit $2.7m revenue in December 2023 | |
| 2021 | SPENDIT Hit $1.7m revenue in April 2021 | |
| 2014 | Launched with $0 revenue |
SPENDIT Valuation, Funding Rounds
SPENDIT has not publicly disclosed its valuation. The company has raised $3.7M in total funding to date.
SPENDIT has raised $3.7M in total funding across 1 round, with its most recent round in 2018.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2018 | Funding round | $3.7M | - | - |
Founder / CEO
Ralph Meyer
Ralph Meyer is the Founder and Co-CEO at SPENDIT.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
SPENDIT serves 5.5K customers.
SPENDIT Employees & Team Size
SPENDIT employs approximately 70 people as of 2026, including 73 sales reps that carry a quota. It serves 5.5K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 70 employees (October 2024) |
| 2023 | Reached 70 employees (December 2023) |
| 2022 | Reached 61 employees (December 2022) |
| 2021 | Reached 51 employees (December 2021) |
| 2021 | Reached 39 employees (April 2021) |
Frequently Asked Questions about SPENDIT
What is SPENDIT's revenue?
SPENDIT generates $3.9M in revenue.
Who founded SPENDIT?
SPENDIT was founded by Ralph Meyer.
Who is the CEO of SPENDIT?
The CEO of SPENDIT is Ralph Meyer.
How much funding does SPENDIT have?
SPENDIT raised $3.7M.
How many employees does SPENDIT have?
SPENDIT has 70 employees.
Where is SPENDIT headquarters?
SPENDIT is headquartered in Munich, Bayern, Germany.
Compare SPENDIT to the industry
SPENDIT operates across multiple industries. Browse revenue, funding, and growth data for SPENDIT 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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