Spendflo, a SaaS purchasing and management system, has completed a $11 million Series A round co-led by Prosus and Accel. A total of $15.4 million has now been raised, including seed investors Together Fund, SIGNAL PEAK VENTURES, and Boldcap. As companies continue to retrench in response to the current macro-challenges, SpendFlo’s outsourced SaaS procurement and management solution expects to see healthy growth, especially in the North American market which is a particular focus of the firm.
Spendflo Raises $11 Million Series A Led by Prosus Ventures and Accel to Bolster All-in-One SaaS Buying and Management Solution