Spendesk, a French money management platform, has raised €100mn Series C funding.
In Brief:
The round was led by General Atlantic.
Spendesk offers a spend management SaaS platform for finance teams.
It enables them to look at payments data and understand company spending.
What does this mean?
So far, Spendesk has 3000 customers and around 300 employees. It will use the new cash injection to focus on increasing this headcount even more and improving its product offering.
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