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Spacetil

Can a single AI-native ERP platform replace all back-office point solutions for multi-unit franchises and enterprise operators, including embedded finance workflows?

Founded2022
HQNew York, NY (also listed as San Francisco, CA on website footer) / United States
FoundersSanjay Mahalingam (Founder & CEO)
IndustryVertical SaaS / Restaurants
The story

Founded in 2022 by Sanjay Mahalingam after frustration with managing a multi-location real estate portfolio using spreadsheets and PDFs, Spacetil evolved from a contract and document management tool into a full AI-native ERP for multi-unit enterprises including franchises, retail chains, and hospitality groups. The platform now covers end-to-end back-office automation: AP, general ledger, payroll, lease management, and vendor management. Its embedded finance angle is the integration of AP automation (via Mercoa) and embedded payroll directly into the ERP workflow, positioning Spacetil as a financial OS for operators with 10–10,000+ locations.

Last 12 months
2025-06
Product timeline
2022
Founded as an AI-native back-office automation platform for multi-unit enterprises, inspired by founder's frustration managing a family real estate portfolio with spreadsheets.· pivot
2024
Expanded platform to cover financial operations, lease management, compliance, and vendor management across 1,000+ locations.· banking
2025
Launched AI-native general ledger with real-time transaction processing, multi-entity consolidation, and SOX-compliant audit trails.· banking
The stack
Accounting gap: significant