Spendesk
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Summary
Founded in Paris in 2016, Spendesk is a category-defining, AI-powered spend management platform purpose-built for mid-sized European companies. Its all-in-one SaaS and regulated payments infrastructure combines corporate cards, invoice automation, procurement workflows, budget approvals, and reporting in a unified interface. As a licensed EMI across the EU, Spendesk manages funds directly, ensuring resilience, efficiency, and margin flexibility. With ~300 employees across Paris, London, and Berlin, the company supports 5,000+ customers, processing €20B+ in transactions annually. Profitable since 2025, Spendesk is expanding its platform into FP&A, ESG reporting, and AI copilots to further transform finance operations.
Our Partnership
Partnering with Spendesk at a transformative stage of its journey, we are working closely with the leadership team to strengthen and expand its senior capabilities as the company enters its next phase of growth. Our collaboration has focused on supporting the evolution of Spendesk’s leadership bench to ensure the organisation has the strategic and operational depth required to scale effectively across product, technology, and international markets. By advising on leadership design and securing world-class executives, our partnership is helping Spendesk accelerate innovation, deepen customer impact, and solidify its position as the category-defining leader in European spend management.
Key Activities
$300M+
Raised in funding
€20B+
Transactions processed in 2024
$60M
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