Productiv

Productiv

Spend management platform using AI insights

About

Productiv provides a spend management platform that helps businesses manage their spending on various tools and services. The platform consolidates data and workflows, using artificial intelligence to enhance collaboration and provide insights for informed decision-making. It stands out from competitors by offering transparency and automation in procurement and renewals, resulting in significant return on investment for clients. The goal of Productiv is to empower businesses to manage their spending more effectively.

Company Stage

Series C

Employees

51-200

Industries

Consulting, Enterprise Software, AI & Machine Learning

Total Funding

$71M

Headquarters

Palo Alto, California

Founded

2018


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Simplify's Take

What believers are saying

  • Productiv's platform delivers a 234% return on investment over three years.
  • The SaaS Intelligence™ platform is now available in AWS Marketplace, increasing accessibility.
  • Strategic collaborations with cloud financial solutions optimize SaaS portfolios at scale.

What critics are saying

  • Emerging SaaS management platforms with similar AI-driven insights increase competition.
  • Economic uncertainties may lead to reduced demand for SaaS management solutions.
  • Data privacy regulations may require increased investment in compliance measures.

What makes Productiv unique

  • Productiv offers real-time employee engagement data down to the feature-level.
  • The platform integrates AI to provide a single source of truth for spend management.
  • Productiv's Sidekick AI assistant enhances SaaS management with natural language processing.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-4%

2 year growth

-9%

Benefits

Medical, dental and vision insurance, 100% paid for you and your family

401K plan

Free lunches, snacks, and beverages in office

Parental leave

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