Spenmo

SoftwareSeries BSingapore, Singaporespenmo.com

Latest round

Series B

Last raised

Jan 2022

Total raised

$112M

Investors

22

About Spenmo

Founded in 2019 in Singapore, Spenmo specializes in spend management solutions that streamline financial operations for businesses. The company's CEO is Mohandass Kalaichelvan, one of the founders alongside Isaq Ahmed and Karla Barradas.Spenmo offers a sophisticated spend management platform designed to streamline accounts payable processes. Its core product automates spend management workflows, improving visibility and control over expenditures. The platform includes features such as Smart Scanning technology and multi-level approval processes, catering primarily to finance teams in Singapore and other Southeast Asian markets.80. The company is strategically targeting new markets in the region to broaden its client base and enhance its service offerings.

Who invested in Spenmo

22 investors across 3 rounds

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Funding rounds

  1. Series B

    Jan 3, 2022

    Amount

    $76M

    Investors

    Locked

  2. Series A

    Sep 22, 2021

    Amount

    $34M

    Investors

    Locked

  3. Seed

    Aug 14, 2020

    Amount

    $2M

    Investors

    Locked

Questions about Spenmo

Who invested in Spenmo?

Spenmo has 22 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Spenmo raised?

Spenmo has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Spenmo last raise money?

Spenmo's most recent round on record is a Series B, in Jan 2022.

What does Spenmo do?

Founded in 2019 in Singapore, Spenmo specializes in spend management solutions that streamline financial operations for businesses.

Where is Spenmo headquartered?

Spenmo is headquartered in Singapore, Singapore.

Which VCs invest in companies like Spenmo?

Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Spenmo's stage. Their profiles are linked below.

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