Spendhq Receives $10 Million In Funding, Spins Out From Parent Company Insight Sourcing Group
Nov 01, 2021•over 3 years ago
Amount Raised
$10 Million
Description
SpendHQ has become an independent company as of July 1, 2021. Born as an internal product developed by procurement consulting firm Insight Sourcing Group, SpendHQ has become one of the largest spend analytics software products in North America. It has amassed an impressive roster of Fortune 500 and Private Equity clients and has analyzed over $5 trillion in procurement spend for hundreds of customers.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech