Spendkey, a London, UK-based provider of a spend intelligence platform, raised £358K in Pre-Seed funding.
The round saw participation from Fuel Ventures and Scalebridge Capital.
The company intends to use the funds to expand into more global markets, hire a dedicated sales team, strengthen its marketing activities, and introduce new best-in-class features to the platform.
Co-founded by Alex Grundy and Akshay Upadhye in 2020, Spendkey provides a platform that enables CFOs, CIOs, and CPOs at large multinationals to get access to a single, clear view of their spending across their organisation and to make more informed spending decisions without lengthy backend processes. The company serves customers across multiple sectors, including pharmaceuticals, financial services, retail, professional services, and manufacturing companies.
FinSMEs
10/05/2023