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 AI adoption in B2B sectors boosts Vendavo's tailored pricing solutions.
  • SaaS-based pricing solutions trend expands Vendavo's cloud offerings and customer base.
  • Digital transformation in manufacturing drives demand for Vendavo's advanced solutions.

What critics are saying

  • AI-driven pricing exposes Vendavo to competition from innovative tech startups.
  • Collaboration with Oracle may lead to conflicts or dependency issues.
  • Shift of pricing authority to sales teams risks inconsistent strategies affecting profitability.

What makes Vendavo unique

  • Vendavo leverages AI to optimize B2B pricing and sales strategies effectively.
  • Vendavo's CPQ systems enhance sales efficiency and customer satisfaction.
  • Vendavo partners with SAP, offering global reach and credibility.

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Growth & Insights
Headcount

6 month growth

7%

1 year growth

7%

2 year growth

7%

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