Spendly is a B2B SaaS platform with the slogan "Reduce Cost, Spend Smarter," founded in 2022 and based in the United States. The company operates in the Financial Services, Fintech, Insurtech, and SaaS industries. The last recorded investment was a $50.00K Pre Seed Round from Plug and Play on 02 September 2023. Spendly offers a platform designed to help companies minimize costs in various areas such as payment processing, payroll, commercial insurance, benefits, PEO services, and retirement plans. By leveraging market competition and existing service agreements, Spendly can procure quotes from 30+ network providers, enabling businesses to identify vendors who can offer comparable or superior services at a lower cost. Ultimately, Spendly aims to help companies reduce operational expenses by 20-40% by switching service providers.
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