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Saas Buying Platform Spendflo Raises $4.4 Million In Seed Funding

Jun 14, 2022over 3 years ago

Amount Raised

$4.4 Million

Round Type

seed

Chennai

Description

Chennai: SaaS buying platform, Spendflo, raised $4.4 million in seed funding from Accel India and founder-focused venture partner, Together Fund.

Company Information

Company

Spendflo

Location

Chennai, Tamil Nadu, India

About

Spendflo would grow to manage $10 billion of SaaS spending in the next three years, given how sharply the SaaS software market has been growing globally and the ballooning basket of SaaS tools each company has to pay for and operate said Sridharan to ET.Discover the stories of your interestBlockchain5 StoriesCyber-safety7 StoriesFintech9 StoriesE-comm9 StoriesML8 StoriesEdtech6 Spendflo, with 35 employees now, will use the capital raised to hire across key Indian locations and the US. Spendflo was part of the first Accel Atoms cohort, a program with $250,000 funding to propel pre-seed startups with capital, mentorship from experienced entrepreneurs and community support.