{
  "license": {
    "name": "CC BY 4.0",
    "url": "https://creativecommons.org/licenses/by/4.0/"
  },
  "cite_as": "Newsprint, \"SpendHQ: what it sells, price and AI features\", https://www.newsprint.com/companies/spendhq/, updated 2026-11-11",
  "updated_at": "2026-11-11",
  "url": "https://www.newsprint.com/companies/spendhq/",
  "markdown_url": "https://www.newsprint.com/companies/spendhq.md",
  "title": "SpendHQ: what it sells, price and AI features",
  "opening_answer": "SpendHQ is on the AI procurement software map. We record 3 dated launches and events for it. The latest is dated Sept. 30, 2026.",
  "period": "Oct. 7, 2025 to Sept. 30, 2026",
  "methodology_url": "https://www.newsprint.com/updates/pr-software/#methodology",
  "company": {
    "id": "CM4B86N",
    "slug": "spendhq",
    "name": "SpendHQ",
    "aliases": [],
    "site": "https://www.spendhq.com/",
    "summary": "\"The AI platform built for procurement.\" SpendHQ gives procurement leaders one place for spend intelligence, project tracking and performance management. AI processes and categorizes spend data. Savings Radar surfaces and sizes savings opportunities on its own, and purpose-built procurement agents, from the Sligo AI acquisition, prepare work such as negotiation playbooks.",
    "founded": null,
    "categories": [
      "spend"
    ],
    "status": "active",
    "price_note": null,
    "update_channels": [],
    "updated_at": "2026-11-11",
    "off_map": null,
    "merged_into": null,
    "category_names": [
      "Spend analytics"
    ]
  },
  "confirmed_product_launches": 0,
  "dated_product_launches": 0,
  "undated_launches": 0,
  "launches_data_url": "https://www.newsprint.com/data/launches.json",
  "count": 0,
  "launches": [],
  "launch_list": false,
  "indexed": true,
  "summary": {
    "text": "\"The AI platform built for procurement.\" SpendHQ gives procurement leaders one place for spend intelligence, project tracking and performance management. AI processes and categorizes spend data. Savings Radar surfaces and sizes savings opportunities on its own, and purpose-built procurement agents, from the Sligo AI acquisition, prepare work such as negotiation playbooks.",
    "source": {
      "name": "spendhq.com",
      "url": "https://www.spendhq.com/"
    },
    "from": "record"
  },
  "maps": [
    {
      "map": "procurement-software",
      "title": "The AI procurement software map",
      "url": "https://www.newsprint.com/research/procurement-software/#co-spendhq",
      "section": "companies",
      "name": "SpendHQ",
      "site": "https://www.spendhq.com/",
      "category": "Spend analytics",
      "what": "\"The AI platform built for procurement.\" SpendHQ gives procurement leaders one place for spend intelligence, project tracking and performance management. AI processes and categorizes spend data. Savings Radar surfaces and sizes savings opportunities on its own, and purpose-built procurement agents, from the Sligo AI acquisition, prepare work such as negotiation playbooks.",
      "what_source": {
        "name": "spendhq.com",
        "url": "https://www.spendhq.com/"
      },
      "price": "not published; sales-led (demo request)",
      "price_published": false,
      "capabilities": {
        "label": "AI capabilities",
        "items": [
          "Named agent",
          "Contract review",
          "AI negotiation",
          "Spend classification"
        ]
      },
      "scale_tier": 2,
      "scale": "Established: a public parent, or a disclosed customer base (Vendor says its platform is trusted by more than 500 organizations in 10 countries and has analyzed more than $10 trillion of spend)",
      "founded": null,
      "founded_source": null,
      "fate": null,
      "sources": [
        {
          "name": "spendhq.com",
          "url": "https://www.spendhq.com/"
        },
        {
          "name": "web.spendhq.com",
          "url": "https://web.spendhq.com/spendhq-sligoai"
        },
        {
          "name": "spendhq.com",
          "url": "https://www.spendhq.com/press/spendhq-and-sligoai-ai-procurement-software/"
        },
        {
          "name": "spendhq.com",
          "url": "https://www.spendhq.com/press/spendhq-sligo-ai-acquisition-agentic-ai/"
        },
        {
          "name": "spendhq.com",
          "url": "https://www.spendhq.com/press/spendhq-savings-radar-procurement-savings/"
        }
      ],
      "more_sources": 0,
      "cross_listed": false
    }
  ],
  "off_map_url": null,
  "timeline": [
    {
      "id": "event-1",
      "url": "https://www.newsprint.com/companies/spendhq/#event-1",
      "on": "2026-09-30",
      "date_precision": "day",
      "title": "SpendHQ launches Savings Radar",
      "summary": "SpendHQ launched Savings Radar, which evaluates spend, contract, sourcing, project and realized-savings data to surface prioritized savings opportunities with estimated savings ranges. Each opportunity links to an AI agent that can prepare work such as negotiation playbooks.",
      "kind": "Launch",
      "from": {
        "name": "The AI procurement software map",
        "url": "https://www.newsprint.com/research/procurement-software/#co-spendhq"
      },
      "source": {
        "name": "Vendor release",
        "url": "https://www.spendhq.com/press/spendhq-savings-radar-procurement-savings/"
      }
    },
    {
      "id": "event-2",
      "url": "https://www.newsprint.com/companies/spendhq/#event-2",
      "on": "2026-04-02",
      "date_precision": "day",
      "title": "SpendHQ acquires Sligo AI",
      "summary": "SpendHQ announced the acquisition of Sligo AI (Sligo Software, Inc.), which it calls the pioneer in Agentic Enterprise Procurement infrastructure. SpendHQ said the deal lets it deliver configurable agentic AI that executes work across procurement workflows, \"not just generate insights\".",
      "kind": "Acquisition",
      "from": {
        "name": "The AI procurement software map",
        "url": "https://www.newsprint.com/research/procurement-software/#co-spendhq"
      },
      "source": {
        "name": "Vendor release",
        "url": "https://www.spendhq.com/press/spendhq-sligo-ai-acquisition-agentic-ai/"
      }
    },
    {
      "id": "event-3",
      "url": "https://www.newsprint.com/companies/spendhq/#event-3",
      "on": "2025-10-07",
      "date_precision": "day",
      "title": "SpendHQ invests in Sligo AI and launches an agentic procurement platform",
      "summary": "SpendHQ made a strategic investment in Sligo AI and said the two companies would launch the first Agentic Enterprise Procurement platform, pairing SpendHQ's spend data with Sligo AI's agents. Sligo 2.0 offers three deployment models, including one inside the customer's own private cloud.",
      "kind": "Partnership",
      "from": {
        "name": "The AI procurement software map",
        "url": "https://www.newsprint.com/research/procurement-software/#co-spendhq"
      },
      "source": {
        "name": "Vendor release",
        "url": "https://www.spendhq.com/press/spendhq-and-sligoai-ai-procurement-software/"
      }
    }
  ]
}
