Spenmo

Closed

A spend management software that provides businesses visibility,…

Singapore, Singapore · Founded 2019 · $121.3M raised

Headquarters
Singapore
Employees
51–200
Founded
2019
Business Model
B2B
Website
spenmo.com
Total Funding
$121.3M
Last Round
$85.3M Series BJan 2022
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 3 funding rounds and 3 investors for this company. The full record is or through the API.

About

Founded in June 2019 and based in Singapore, Spenmo is building the only software you need as a business to manage payables. From bill payment, corporate card, local and international transfer, to employee’s expense claim, Spenmo helps companies streamline their AP processes with our technology. Before Spenmo, AP staff were drowned in manual work and struggled to reconcile all their spending on time. Not anymore. Thousands of businesses are now using Spenmo to payout their AP, track and categorize spend, and close their books on auto-pilot in 90% less time. On average, finance teams who use Spenmo save over 50 hours and $10,000 every month.

Summary

Spenmo is a Fintech company based in Singapore, Singapore, founded in 2019. It has raised $121.3M in total across 3 rounds, most recently a $85.3M Series B round in Jan 2022. Investors include Tiger Global, Insight Partners and Y Combinator.

Tech & App Stack

7 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

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Funding History

Series BSeries B2022 (est.)
$85.3M

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Funding: Seed through Series B. Amounts, valuations, and investors where available.

Investors

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