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Spendkey’s media kit

Welcome to our media kit for access to our latest press releases and updates. Dive into our curated collection of news articles, announcements and media resources, for a glimpse into our company’s journey.

Press releases

News and recognition

Spendkey Validated in Spend Matters Fall 2025 SolutionMap

Spendkey has once again been validated in the Fall 2025 Spend Matters SolutionMap, highlighting our innovation in spend analytics. This recognition reinforces our commitment to helping procurement teams rapidly transform raw data into actionable insights, and measurable outcomes in just days.

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Spendkey Recognised Again in Spend Matters Spring 2025 SolutionMap

Spendkey has once again been recognised in the Spend Matters SolutionMap, this time in the Spring 2025 cycle, following our inclusion in the Fall 2024 cycle. This continued recognition highlights our position as a trusted partner for AI-powered spend and contract analytics.

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Spendkey Wins the Start-Up Award at Global Procurement & Supply Chain Awards 2024

Spendkey has been recognised for its innovation and commitment to transforming procurement processes, earning the Start-Up Award at the 2024 Global Procurement & Supply Chain Awards.

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Spendkey featured in Spend Matters SolutionMap Fall 2024

Spendkey listed in the Spend Matters Fall 2024 SolutionMap for our innovative spend analytics solution.

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Spendkey: A Swiftscale Top Pick Among ProcureTech Scaleups

Spendkey recognised as one of the best ProcureTech Scaleups using AI and Automation by Swiftscale.

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Spendkey Named Finalist in UK StartUp Awards

Spendkey is proud to be a finalist for the Equity-Backed Startup of the Year Award in the 2024 UK StartUp Awards programme.

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In The Spotlight: Spendkey’s COO Recognised Among the League Of Leaders Today

Spendkey’s COO, Akshay Upadhye, has been listed among the Leaders Today league published by Fortune India.

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Spend Intelligence Platform, Spendkey, Raises £358k In Pre-Seed Funding

Spendkey announced that it has raised £358,000 in pre-seed funding from early-stage investors, Fuel Ventures and Scalebridge Capital, as well as several angel investors.

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Thought Leadership: Impact of GenAI on Procurement

Co-Founder and CEO of Spendkey, Alex Grundy, shares his thoughts on the impact of GenAI in procurement and the future of digital procurement at the Procuretech Founders’ Circle event.

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About Spendkey

Smarter spend, protected margin

Spendkey is a commercial decision platform that helps organisations uncover savings opportunities, get clear recommendations on where to act first, recover lost margin, and make sure every deal stays profitable, not just when it’s signed, but throughout its life, as costs shift, indices move, and exposure builds.

Sales teams commit revenue. Procurement teams commit cost. Finance teams discover the impact later once contracts are live, suppliers are paid, and the exposure is already in the P&L. Spendkey closes every one of those gaps.

Vision

To be the commercial decision layer that every organisation trusts before they commit.

Our vision is to make Commercial Decision Authority the standard across procurement, finance, and commercial teams, so that every indexed commitment is modelled before approval, every organisation can see what it truly costs to commit, and no deal is signed without someone knowing whether it still makes money.

Mission

We’re passionate about helping organisations improve financial performance through better visibility, stronger commercial control, and more informed decision-making.

Our mission is to turn spend, contract, supplier, and financial data into meaningful commercial insight that drives cost savings, protects profitability, and reduces risk. By uncovering hidden opportunities, identifying margin leakage, and validating commitments before they execute, we help leaders make better decisions before value is lost.

£100BWorth of transactions analysed
100,000Suppliers normalised
98%Minimum accuracy delivered
£2BIn savings delivered

Management team

Alex GrundyCommercial
Babita NairMarketing
Akshay UpadhyeTechnology

Media enquiries: info@spendkey.co.uk

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