Argus Partners has advised Together Fund on their investment in the SaaS buying and management platform, Spendflo. The investment was a part of Spendflo`s Series A fundraise of USD 11 million.
The fundraise also witnessed participation from Naspers Ventures (Prosus), Accel and other angel investors.
Spendflo serves customers across North America, Europe, Asia Pacific, and the Middle East and helps fast growing businesses buy, manage and secure SaaS through its all-in-one platform.
Spendflo intends to utilize the current funding for product growth and global expansion with greater focus on the North American market.
The transaction team consisted of Neha Madan (Partner) and Rohan Aneja (Associate).