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Blockdaemon

Managing growth with ease.

The challenge:

  • Rapid headcount growth from 38 to over 270 employees led to an overwhelming number of software contracts.
  • A fragmented process relying on spreadsheets and Google Drive created inefficiencies and risks of missed renewals.

The result:

  • Scalable Solution: SpendHound adapted easily to BlockDaemon’s growing needs, consolidating all vendor data in one platform.
  • Efficient Processes: Renewal dates were tracked proactively, preventing costly auto-renewals and improving negotiation outcomes.
  • Quick Onboarding: Integration was smooth, allowing the team to focus on strategy instead of administration.
  • Free and Effective: A cost-free tool that delivered clarity and control over vendor management.

About

Blockdaemon

Headquarters

Los Angeles, California

Industry

Blockchain Infrastructure and Decentralized Technology

Employees

~200

Funding

Series C

"SpendHound being free is a huge advantage—it’s given us powerful vendor management without adding any cost to our growing business."

Jim Supple
Financial Controller @ Blockdaemon