SpendMend Revenue and Competitors

Location

$55M

Total Funding

Consulting

Industry

Estimated Revenue & Valuation

  • SpendMend's estimated annual revenue is currently $860.2k per year.(i)
  • SpendMend received $Undisclosed in venture funding in January 2018.
  • SpendMend's estimated revenue per employee is $50,600
  • SpendMend's total funding is $55M.

Employee Data

  • SpendMend has 17 Employees.(i)
  • SpendMend grew their employee count by 0% last year.

SpendMend's People

NameTitleEmail/Phone
1
Chief Commercial Officer (CCO)Reveal Email/Phone
2
Regional VP SalesReveal Email/Phone
3
CEOReveal Email/Phone
4
Chief Sales OfficerReveal Email/Phone
5
Regional VPReveal Email/Phone
6
VP, Strategic Accounts & Client Value - Eastern USReveal Email/Phone
7
VP, Strategic Accounts & Client ValueReveal Email/Phone
8
Regional VP SalesReveal Email/Phone
9
VP-Pharmacy ServicesReveal Email/Phone
10
VP Pharmacy Services, OperationsReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$202.1M1087-1%$900.4M$4B
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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

$55M

Total Funding

17

Number of Employees

$860.2k

Revenue (est)

0%

Employee Growth %

N/A

Valuation

N/A

Accelerator

SpendMend News

2022-03-22 - Sheridan and Morgan Stanley recaps SpendMend

SpendMend helps recover financial leakage and partners with clients to optimize cost cycle management and improve spend visibility. For more...

2022-03-22 - Sheridan Capital Partners completes majority recapitalisation of ...

SpendMend is a provider of tech-enabled solutions to optimise the cost cycle for the US healthcare industry, and serves more than a third of the...

2022-03-22 - Morgan Stanley Capital Partners Completes Investment in ...

SpendMend has grown into one of the largest platforms in the industry through strong organic growth as well as strategic M&A, completing four...

2019-09-07 - SpendMend Announces Upcoming Participation at Key Industry Trade Shows - Press Release

SpendMend, the leading provider of cost savings solutions in the healthcare industry, today announced their schedule today for thought ...

2019-07-16 - SpendMend moves to new location, plans to expand

SpendMend, a company that provides spend visibility and audit recovery services for the healthcare industry, recently moved to the Cascade ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$3.4M17-23%N/A
#2
$0.6M1721%N/A
#3
$1.5M17-6%N/A
#4
$0.9M1713%N/A
#5
$2.6M1731%N/A

SpendMend Funding

DateAmountRoundLead InvestorsReference
2018-01-12$UndisclosedUndisclosedSheridan Capital PartnersArticle