Toolspend – Track AI spend, usage, and cost across tools

Summary: Toolspend provides full visibility into AI tool spending by connecting AI services with banking data to track actual usage and costs. It identifies underutilized seats, duplicate tools, and alerts before renewals, enabling teams to manage AI expenses effectively.

What it does

Toolspend analyzes AI usage and spend patterns across tools, linking subscription data with financial transactions to reveal real costs and team-level usage. It detects inefficiencies and sends renewal alerts.

Who it's for

It is designed for founders, development teams, and companies scaling AI usage who need to monitor and control AI-related expenses.

Why it matters

It solves the disconnect between AI usage and spending, preventing unexpected costs and optimizing procurement.