General Atlantic led a €100M Series C funding round in Spendesk.

General Atlantic led a €100M Series C funding round in Spendesk, a smart spend management software designed for both finance teams and employees, with participation from Index Ventures and Eight Roads Ventures. “Work culture is becoming increasingly informed by our private lives. Employees crave more empowerment, agility and faster decision-making to be effective in their roles. And traditionally, finance teams haven’t been equipped with the tools that can support this transformation. In the past few years we have built the reference spend management solution for finance teams in Europe, which frees businesses and their people from administrative constraints of spending and managing money at work. While our solution is about empowering finance teams, we are actually delivering value to the entire business through the finance team,” Rodolphe Ardant, Spendesk’s Co-Founder and CEO.