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Vendr simplifies the software procurement process for companies, particularly targeting finance and procurement leaders. Its platform provides access to a marketplace of software options, private offers, and a community of software buyers. Key features include pricing benchmarks that allow clients to compare their software costs with industry standards, ensuring they secure the best deals. Vendr also automates procurement and offers integrations to streamline the buying process. Unlike competitors, Vendr does not charge clients for its services; instead, it earns revenue through partnerships with software vendors, leveraging its negotiating expertise to help clients save an average of 17% on software purchases. The company's goal is to make software procurement easier and more cost-effective while continuously improving its offerings through the use of anonymized aggregate data, all while prioritizing data privacy.
Company Stage
Series B
Employees
201-500
Industries
Data & Analytics, Enterprise Software
Total Funding
$216.9M
Headquarters
N/A
Founded
2019
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Unlimited vacation policy
Paid holidays
Paid sick days
Parental leave & flexible scheduling
Health, dental and vision insurance with 100% paid premiums
401k
Company equity
Performance bonuses
Wellness and mental health reimbursement budgets
Equipment budget
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