Spendbase

Seed · Fintech · Kyiv, Ukraine · Founded 2022 · 10–50 employees

Spendbase is a Ukrainian startup founded in 2022 by Andriy Alekseenko that offers an AI-powered SaaS expense management platform helping companies optimize spending on software subscriptions, cloud services, and corporate cards. The platform provides full visualization of subscriptions, tracks costs, identifies unused licenses and shadow IT, and can save mid-sized companies up to 35% annually. The startup has achieved impressive traction with around 800 customers worldwide and won the Ukrainian stage of Startup World Cup 2024, representing Ukraine at the global final in San Francisco. The company has expanded from Ukraine to EU and US markets and received notable funding including $100,000 from Google for Startups Ukraine Support Fund and €50,000 from Seeds of Bravery in 2024.

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