Vendavo

Vendavo

Pricing and sales optimization solutions provider

About

Vendavo provides pricing and selling solutions aimed at helping businesses improve their profitability and growth, particularly in the B2B sector. Their software utilizes artificial intelligence to enhance pricing strategies and sales processes, offering tools like pricing guidance, sales strategy services, and Configure Price Quote (CPQ) systems. CPQ systems enable businesses to generate accurate quotes quickly by considering various pricing factors and customer specifics. Vendavo distinguishes itself from competitors through its strong partner network and focus on industries such as metals and mining, ensuring comprehensive support and integration for clients. The company's goal is to empower B2B enterprises to optimize their pricing models and achieve sustainable success.

Company Stage

Series E

Employees

501-1,000

Industries

Consulting, Enterprise Software, AI & Machine Learning

Total Funding

$50.1M

Headquarters

Denver, Colorado

Founded

1998


Simplify Jobs

Simplify's Take

What believers are saying

  • Increased adoption of AI-driven pricing boosts Vendavo's market potential.
  • SaaS-based solutions offer flexibility and scalability for Vendavo's clients.
  • Channel and partner program enhancements drive growth in manufacturing sectors.

What critics are saying

  • Emerging CPQ vendors like Conga and PROS increase competition.
  • Shifting pricing authority to sales teams may lead to inconsistent strategies.
  • Economic volatility demands agile pricing, challenging Vendavo's adaptability.

What makes Vendavo unique

  • Vendavo offers AI-driven pricing solutions tailored for B2B enterprises.
  • Their partnership with SAP enhances their credibility and market reach.
  • Vendavo's CPQ systems provide precise, customer-specific pricing solutions.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

2%

2 year growth

2%

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