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Spendflo raises $4.4 Mn in seed round

SaaS buying platform Spendflo, raised $4.4 million in seed funding from Accel India and venture partner Together Fund.

The round saw participation from BoldCap and Signal Peak Ventures, along with investments from a bunch of founders of companies such as Airbase, Zuora, Ivanti, CleverTap and Slintel.

Spendflo, with 35 employees now, will use the capital raised to hire across key Indian locations and the US.

Founded by Siddharth Sridharan, Spendflo offers companies buying SaaS software the service of centralizing contracts, gain visibility into spending, and handling renewals.

Spendflo seems to be a fascinating startup with motivating advancement on IT services and IT consulting platform. I’m sure this startup would continue to flourish in its journey ahead. All the very best to the entire group of Spendflo. This will give them tremendous accomplishments in the future.

Shishir Gupta, Founder and CEO, StartupLanes

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