Spendflo Launches Flo AI: An Autonomous Procurement Workforce for Mid-Market CompaniesFlo AI runs the full intake-to-pay lifecycle autonomously, giving lean procurement teams the capacity to operate as a much larger function without the headcount to match.
Spendflo raises $11 million Series A led by Prosus Ventures and Accel to Bolster all-in-one SaaS Buying and Management Solution
Spendflo, an all-in-one SaaS buying and management solution, today announced the completion of an $11M Series A fundraising round led by Prosus Ventures and Accel. It comes just ten months after its seed round, bringing the total funds raised to $15.4 million from investors, including Prosus Ventures, Accel, Together Fund, Signal Peak Ventures, and Boldcap Ventures. This round allows the company to fuel product growth and accelerate global expansion with a strong focus on furthering growth in the North American market.
