Biz Expense Management Co. raises € 100 million in Series C

Law360 (July 21, 2021, 4:26 p.m. EDT) – Spendesk has landed 100 million euros (roughly $ 118 million) in a Series C funding round led by General Atlantic and including Index Ventures and Eight Roads Ventures, corporate spending European management company said Wednesday.

Paris-based Spendesk said in a statement that it has now raised around $ 188 million in funding and will use the remaining funds to continue hiring employees and investing in its business spending products.

“Over the past few years, we’ve built the industry-leading expense management solution for finance teams in Europe, which frees businesses and their people from the administrative burden of spending and managing money at work,” says Spendesk …

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