SpendMend Growth, Revenue, Number of Employees and Funding

Overview

Location:
Grand Rapids, MI USA
Total Funding:N/A
Industry:Consulting
Founded:1993
Lead Investor(s):Sheridan Capital Partners
Press

Industry Ranking

State Ranking

Growjo 10k Ranking

Revenue & Financials

  • SpendMend's revenue is currently $11.7M per year.
  • SpendMend received $Undisclosed in venture funding in January 2018.
  • SpendMend's revenue per employee is $180000

Employee Data

  • SpendMend has 65 Employees.
  • SpendMend grew their employee count by 25% last year.
  • SpendMend currently has 4 job openings.

What Is SpendMend?

We help you identify, shrink and prevent Financial Leakage within your organization. Our belief, "A dollar retained is more valuable than a dollar recovered." Financial Leakage is caused by control gaps in your processes typically due to compliance issues, change, and human error. However, these control gaps are hidden by Dark Data. A traditional procure to pay recovery audit is no longer enough to achieve long term savings. Our analysis not only brings dark data to light but delivers full context to an organization's financial leakage. That, combined with industry expertise and peer benchmarking, provides a sustainable step towards prevention. In the past year alone, we have returned $100MM in revenue to some of the top health systems in the United States. Our results are sustainable and include actionable insights and benchmarking along with the recovered revenue.

keywords:N/A

65

Number of Employees

$11.7M

Revenue (est)

4

Current Jobs

25%

Employee Growth %

N/A

Total Funding

N/A

Valuation

N/A

Accelerator

N/A

Type

Similar Companies

NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
Conway MacKenzi...
N/A1716%
Conway MacKenzi...
N/A1716%
Walker-Miller E...
N/A7211%
Common Sail Inv...
N/A12313%
Walker-Miller E...
N/A7211%
Common Sail Inv...
N/A12313%
Michigan Small ...
N/A4413%
Michigan Small ...
N/A4413%
MECC Consulting...
$7.9M4419%
ATTAC Consultin...
N/A4313%

SpendMend News

21-Aug-18 - SpendMend acquires LA-based health care audit firm

GRAND RAPIDS — SpendMend LLC, a provider of spending visibility and audit and recovery services to the health care industry, agreed to

20-Aug-18 - SpendMend Expands Services with Acquisition

"Combining the two organizations brings the SpendMend Technology, Spend Visibility and Analytics to the CMS client base, expands the CMS

29-Aug-18 - Sheridan Capital Partners' Portfolio Company SpendMend Acquires

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--SpendMend, a portfolio company of Sheridan Capital Partners, announced today the acquisition

SpendMend Funding

DateAmountRoundLead InvestorsReference
2018-01-12$UndisclosedUndisclosedSheridan Capital PartnersArticle

SpendMend Executive Hires

DateNameTitleReference
2017-07-13David HewittBusiness DevelopmentArticle

SpendMend Acquisitions

DateCompany NameAmountNotesReference
2018-08-21Contract Management StrategiesArticle