
The familiar choice between Airtable’s flexibility and monday.com’s structure now carries a new question: how much ownership uncertainty can your procurement team absorb? A pending acquisition makes continuity, portability and contract protections as important as features.
Rajiv Ramanan is the Co-Founder and Chief Revenue Officer of Spendflo, an AI-native procurement platform that helps fast-growing companies bring structure, visibility, and control to how they buy and manage software vendors. A Chennai native now based in San Francisco, Rajiv spent years at Freshworks building partner ecosystems and working with over 5,000 vendors before co-founding Spendflo in 2021 alongside Siddharth Sridharan and Ajay Vardhan. Under his GTM leadership, Spendflo has raised $15.9M in total funding, grown to 140 employees, and manages over $100M in SaaS expenditure for customers—delivering an average 23% reduction in software spend.
Spendflo is an AI-native procurement platform that helps finance, IT, and procurement teams buy, manage, renew, and secure their SaaS stack. Co-founded in 2021 by Siddharth Sridharan, Ajay Vardhan, and Rajiv Ramanan, the company combines an intake-to-procure workflow engine with negotiation-as-a-service and a family of AI agents (collectively branded Flo) that automate contracts, approvals, vendor onboarding, third-party risk, and accounts payable. Spendflo has raised $15.4M to date, including an $11M Series A in 2023 led by Prosus Ventures and Accel.
Siddharth Sridharan is the Co-Founder and CEO of Spendflo, an AI-native procurement platform that helps fast-growing and enterprise companies manage SaaS vendor relationships and cut software spend. He co-founded Spendflo in 2021 after spotting a universal blind spot: CFOs had no centralized way to track or negotiate SaaS contracts. Backed by $15.9M in funding including a Series A, Spendflo has grown to 140 employees and operates out of San Francisco, promising guaranteed savings on software procurement through a hybrid AI-plus-expert-negotiation model.