20 January 2022

Spendesk is now a unicorn 

Written By FinTech Alliance

Spendesk is now a unicorn 

Spendesk, a spend management FinTech, has reached a valuation of $1.14bn.

In Brief:

This follows its €100mn Series C fundraise. 

The round was led by Tiger Global. 

It included existing investors General Atlantic, Eight Roads Ventures, Index Ventures and eFounders. 

What does this mean?

The new raise comes after a €100mn was raised in July 2021, and makes Spendesk a unicorn with its new valuation. The customer base has reached 3500 with a workforce of 300, and wants to use its new funding to hire more people and develop products. 

Read more here.

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