SpendLab Group B.V.

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SpendLab Group B.V. - overview

Established

2002

Location

Amsterdam, North Holland, Netherlands

Primary Industry

Financial Services

About

Based in Amsterdam, Netherlands, and founded in 2002 by Jos Houben, SpendLab Group B. V. operates as a provider of financial software platforms that offer auditing services to help clients analyze and manage payment dues. In February 2024, Story Capital invested in SpendLab Group B.


V. As of 2024, the company is led by its CEO, Sebastian Morales. The company provides a wide range of analytical audit services for various challenges in accounts payable (AP) processes to public and private sectors, including the AP Analyzer, which detects and recovers erroneous payments, helping businesses reclaim lost profits by using AI technology to analyze invoices and identify payment inaccuracies; and the VAT Analyzer, which addresses problems in VAT calculations and obligations, identifies miscalculated VAT amounts, navigates VAT rule changes and discrepancies, recovers overpayments, and provides recommendations to prevent future issues; Balance Analyzer focuses on reconciling open credits and outstanding balances, to identify root causes of discrepancies, and help clients to rectify missed profits, offering personalized dashboards with insights and prevention strategies.


Current Investors

Story Capital

Primary Industry

Financial Services

Sub Industries

Accounting Services, Accounting/Finance Software

Website

www.spendlab.com/

Verticals

FinTech

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

SpendLab Group B.V. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedSpendLab Group B.V.-

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