Financials

Estimates*

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Revenues, earnings & profits over time
EUR20182020
Revenues2.0m8.2m
EBITDA-(18.1m)
% EBITDA margin-(221 %)
Profit-(18.1m)
% profit margin-(220 %)

Source: Dealroom estimates

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Recent News about Spendesk

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More about Spendesk
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Spendesk is a financial technology startup that provides a smart spending solution for businesses. It operates in the financial services market, specifically targeting finance teams within companies. The platform is designed to help businesses make faster, smarter spending decisions by providing a comprehensive view of all company expenses, both virtual and physical.

Spendesk's primary clients are finance teams within businesses of various sizes. The platform is designed to be user-friendly and easy to switch to, with 98% of their 3,500 clients stating it was easy to switch. The platform is particularly popular for its ability to capture over 95% of receipts on time, providing businesses with real-time visibility of where their money is being spent.

The business model of Spendesk is based on a subscription service with no hidden fees or setup costs. The platform provides a range of features including expense tracking, validation systems, and a traceable workflow. This allows businesses to scale their expenses and expense volume without adding anything to the back-office, thus automating the process while still keeping control.

Spendesk's revenue is generated through the subscription fees paid by businesses to use their platform. The platform's ability to automate expense management and provide real-time visibility of spending has made it a popular choice for businesses looking to streamline their financial processes and make smarter spending decisions.

Keywords: Spendesk, financial technology, spending solution, finance teams, user-friendly, expense tracking, subscription service, automated process, real-time visibility, smart spending decisions.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Spendesk

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Okko
ACQUISITION by Spendesk Apr 2024