Tejas Venugopal, founder of Spendstack

$51M Series A

Spendstack

Spendstack Raises $51M Series A for Procurement Agents That Close POs, Not Queues

  • Procurement AI
  • Spend Ops
  • Enterprise Agents

Intake-to-PO agents for enterprise procurement—vendor triage, policy graphs, and exception chase that finish the buy cycle instead of flooding buyers with another approval dashboard.

Tejas Venugopal · MIT dropout

“One procurement operator should oversee what used to take a floor of buyers. Spendstack absorbs the volume work.”

— Founder

“Boards will fund systems that make agent spend risk legible—Spendstack turns purchase execution into a governed production surface.”

— Aaref Hilaly · Bain Capital Ventures