Vendr

Vendr

SaaS procurement platform with cost-savings

Overview

Vendr helps organizations buy software more efficiently and cheaply. It provides a procurement platform that includes a marketplace of software options, private offers, and a community of software buyers, plus pricing benchmarks to compare costs against industry standards. Its procurement automation and integrations simplify the buying process. Vendr’s team of expert negotiators works with software vendors to secure better prices for clients, at no cost to the client; the company earns revenue through vendor partnerships and enterprise-scale buying power. Clients typically save around 17% on SaaS purchases. The platform also uses anonymized aggregate data to improve its services while respecting privacy. Vendr’s goal is to make software purchasing easier, cheaper, and more transparent by combining negotiation power, data-driven insights, and automated workflows.

YC Company

About Vendr

Simplify's Rating
Why Vendr is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Consulting

Enterprise Software

Company Size

201-500

Company Stage

Series B

Total Funding

$282.1M

Headquarters

Boston, Massachusetts

Founded

2019

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Simplify's Take

What believers are saying

  • Zip’s Price Negotiation Agent cut Cribl’s annual software spend $3 million.
  • Vertice said the combined platform covers $75 billion spend across 32,000 vendors.
  • Vendr.com now redirects to Vertice, preserving customer access and migration paths.

What critics are saying

  • The June 1, 2026 acquisition ends Vendr’s independence and weakens employer-brand identity.
  • The 2024 reorganization cut staff 25 percent, exposing fragile economics and execution risk.
  • Procurement benchmarks commoditize quickly; AI agents from Zip and Vertice replace manual negotiation teams.

What makes Vendr unique

  • Vendr built verified SaaS pricing data from $15B+ spend and 250,000 contracts.
  • Zip embedded Vendr benchmarks on February 4, 2026, validating vendor-agnostic negotiation intelligence.
  • Vertice’s June 1, 2026 acquisition bundled Vendr into a broader autonomous procurement stack.

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Funding

Total Funding

$282.1M

Above

Industry Average

Funded Over

6 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$65M
Substack
$100M
ClickUp
$150M
Vendr

Benefits

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

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

1%

2 year growth

2%
PR Newswire
Jun 1st, 2026
Vertice acquires Vendr to create $75B procurement intelligence dataset for autonomous AI negotiation

Vertice, an AI procurement platform, has acquired US software pricing leader Vendr to create the world's largest procurement intelligence dataset. The combined data represents over $75 billion in global indirect spend across 32,000 vendors, including pricing information from 250,000 negotiated contracts. The acquisition strengthens Vertice's autonomous AI negotiation capabilities, particularly its agent "Ana", which has been trained on hundreds of thousands of real-world negotiations. Together, the companies operate more than 60 procurement AI agents serving over 1,000 customers worldwide, including ARM, Brex, Duolingo, Twilio and Santander. Vertice was founded by serial entrepreneurs Roy and Eldar Tuvey, who previously sold ScanSafe to Cisco for $183 million and Wandera to JAMF for $400 million. The company has been recognised as a leader in procurement platforms by multiple industry analysts.

HiTechNectar
Jun 1st, 2026
Vertice acquires Vendr to create the world's largest procurement intelligence dataset and lead autonomous AI negotiation.

Vertice acquires Vendr to create the world's largest procurement intelligence dataset and lead autonomous AI negotiation. LONDON and NEW YORK, June 1, 2026 /PRNewswire/ - Vertice, the AI procurement platform built for the modern enterprise, today announced its acquisition of Vendr, the US software pricing leader. The deal creates the world's largest procurement intelligence dataset, as Vertice will integrate Vendr's software insights with its own. The combined data represents more than $75+ billion in global indirect spend across 32,000 vendors, including real-world pricing and human-to-human interactions from 250,000 negotiated contracts, ranging from software to services. The expanded dataset extends Vertice's leadership in fully autonomous spend negotiation. Customers including ARM, Brex, Duolingo, Twilio and Santander will be able to access the data directly within the Vertice platform. Insights will be surfaced at the point of decision to help finance and procurement teams evaluate vendors, manage renewals, and plan negotiations with greater speed, confidence, and precision. Roy Tuvey, Founder and CEO, Vertice, said: "Vertice and Vendr have shared a vision for AI in procurement: to build purpose-designed AI agents trained on real-world data and tailored to specific procurement use cases. By bringing these teams together, HiTechNectar can accelerate everything - from the breadth of agents HiTechNectar can build, to the commercial impact HiTechNectar deliver for customers. HiTechNectar is setting a new benchmark for what procurement teams should expect from AI procurement platforms. "Its combined software pricing data and vendor intelligence has 2M+ price points and surpasses that of its nearest competitors by an order of magnitude. With deeper insight into vendor pricing, commercial terms, sales tactics and risk, its customers will consistently achieve stronger procurement outcomes. "Training our AI - including 'Ana', our autonomous negotiation agent - on this same rich, procurement-specific dataset makes it even more powerful. Our agents work around the clock helping customers reduce manual effort while delivering best-in-class savings." Ana is Vertice's autonomous negotiation agent which has been trained on hundreds of thousands of real-world negotiations. Procurement buyers can now scale their coverage and minimize effort by using Ana to negotiate on their behalf. Buyers set their priorities, policies and thresholds and Ana engages with the vendor directly to optimize outcomes, such as cost savings, payment terms or policy compliance. Vertice and Vendr together operate more than 60 procurement AI agents, all used regularly by over 1,000 customers worldwide. These agents support customers across key procurement workflows, including intelligent intake, pricing optimization, workflow efficiency and third-party risk assessment. Customers will benefit immediately from a stronger offering and Vendr customers will also gain access to Vertice's award-winning Intake-to-Procure platform. Ryan Neu, CEO of Vendr, said: "Vendr was founded on a simple observation: buyers were making million-dollar purchasing decisions with only a fraction of the information available to the vendor across the table. HiTechNectar spent years closing that gap - building the data, tooling, and negotiation expertise to rebalance that dynamic. Discover more Search Engines Machine Learning Machine Learning & Artificial Intelligence "Joining Vertice means that intelligence is now significantly richer - by far the most comprehensive available - and embedded directly within the platform where procurement decisions are made. I'm proud of what we built independently, and even more excited about what our two organizations can build together." Vertice has this year been recognised by Lionfish Tech Advisors, a global analyst advisory firm, as the Leader in Intake-to-Procure platforms, and as the Leader in Procurement Orchestration in G2's Summer 2026 Grid Report. Forrester also named Vertice as a Notable Vendor in its 2026 Landscape report on Supplier Value Management. Roy Tuvey, Founder and CEO, Vertice, said: "Vertice has become the clear choice for enterprises seeking to move beyond fragmented, reactive procurement toward a model where every purchasing decision is intelligently orchestrated, executed quickly, and grounded in robust market intelligence." Vertice was founded by serial entrepreneurs Roy and Eldar Tuvey. The brothers have two decades of experience running enterprise SaaS companies, most notably founding ScanSafe and Wandera, which exited for $183 million (Cisco) and $400 million (JAMF). About Vertice Vertice is the intelligent procurement platform built for the modern enterprise. By uniting agentic workflows, AI-powered insights, and expert buying talent, HiTechNectar enable finance and procurement teams in 100+ countries to operate with greater precision, speed, and impact. Customers use Vertice's platform to review, analyze and negotiate purchases with greater confidence. Vertice processes over $75 billion in spend, with a proven track record of delivering 20%+ savings and accelerating procurement cycles by 2x. Headquartered in London and recognised by the Financial Times as the UK's fastest growing scale-up, Vertice also operates in New York, Boston, Sydney, Brno, Linz and Johannesburg. Learn more at www.vertice.one. About Vendr Vendr is a leading authority on software pricing and negotiation intelligence. Built on billions of dollars in verified SaaS spend, Vendr provides procurement and finance teams with trusted benchmarks and market insights, while also helping streamline negotiations and drive more informed software purchasing decisions. Learn more at www.vendr.com SOURCE Vertice HiTechNectar send you the latest trends and best practice tips for online customer engagement: Receive Updates: HiTechNectar hate spams too, you can unsubscribe at any time.

Zip
Feb 4th, 2026
Zip partners with Vendr to power SaaS pricing intelligence

Zip partners with Vendr to power SaaS pricing intelligence. Industry-leading software benchmarks enter Zip's Price Negotiation Agent. February 4th, 2026 Brooks Rocco Content Lead at Zip Table of Contents In enterprise purchasing, suppliers hold all the pricing cards. They know what everyone else pays; buyers don't. Without market benchmarks, procurement teams often find themselves negotiating in the dark, sometimes leaving hundreds of thousands of dollars on the table without even realizing it. That's why Zip is partnering with Vendr to embed industry-leading software pricing benchmarks and negotiation intelligence directly into Zip's procurement agents. Vendr is the market leader in real-world SaaS pricing data, built from more than $15 billion in verified spend across the most widely purchased software suppliers. Through this partnership, that intelligence becomes available natively inside Zip giving procurement teams access to best-in-class pricing context as they intake, review, and orchestrate software spend. As Lu Cheng, Co-founder at Zip, explains: "Zip sits at the center of how companies manage and orchestrate spend. By embedding Vendr's pricing intelligence directly into our platform, we're giving procurement teams access to credible market context exactly where decisions are being made, without adding tools or workflow complexity." Vendr intelligence powers Zip's Price Negotiation Agent software benchmarks. Zip's Price Negotiation Agent tackles one of procurement's most persistent challenges: the information asymmetry that tips every negotiation in the supplier's favor. When companies pay vastly different prices for identical products, the difference comes down to information. And without market benchmarks, procurement teams don't have the leverage they need to negotiate fair pricing. The Price Negotiation Agent changes that dynamic by leveraging industry data which now includes Vendr software market intelligence to analyze both internal purchase history and external market benchmarks to provide data-backed negotiation guidance. When a procurement team needs to renew their marketing automation software, for example, the agent analyzes what the company paid historically, benchmarks against Vendr's comprehensive data, and provides specific negotiation tactics tailored to that contract. Ryan Neu, Founder and CEO at Vendr, adds: "Vendr has built the most comprehensive dataset on software pricing and negotiation outcomes in the market. Embedding that intelligence into Zip means procurement teams can make better decisions earlier as spend is being orchestrated, not after contracts are already in motion." Smarter data-backed negotiations is driving real results at Cribl. The agent is already producing real ROI. Cribl, a high-growth data observability platform used by 50% of the Fortune 100, projects 10-15% in total savings and nearly $3 million in annual cost reductions by combining faster cycle times, smarter negotiations, and a self-negotiating model for non-strategic contracts that are collectively time-consuming but critical to manage. "Zip's Price Negotiation Agent is allowing our team to focus on strategic priorities while laying the groundwork for a truly autonomous procurement process," said Meteb Alfayez, Director of Procurement and Sourcing at Cribl. "We're seeing meaningful efficiency gains not only in negotiated outcomes, but in how quickly we can move and how much manual work we can automate." Building the future of intelligence-powered procurement. With Vendr software intelligence now embedded in Zip's Price Negotiation Agent, teams can: * Access industry-leading software pricing benchmarks directly within Zip * Evaluate spend requests with real market context earlier in the process * Reduce downstream friction by aligning on fair pricing upfront * Bring consistency and credibility to supplier conversations * Make faster, more confident procurement decisions This agent collaboration represents a new chapter in how procurement teams can effectively operate, combining orchestration with market intelligence to make better, faster spend decisions from day one. Ready to see it in action? Request a demo to learn how Zip's Price Negotiation Agent can transform your procurement outcomes. About Vendr. Vendr is the leading authority on software pricing and negotiation intelligence. Built on over $15 billion in verified SaaS spend, Vendr provides procurement and finance teams with trusted benchmarks and market insights, while also helping streamline negotiations and drive more informed software purchasing decisions. Brooks Rocco Content Lead at Zip Brooks Rocco is Content Lead at Zip, the world's leading procurement orchestration platform. With expertise in crafting data-driven strategies and a passion for elevating procurement, Brooks creates insightful, actionable content for finance and procurement leaders. When he's not shaping Zip's thought leadership, Brooks enjoys exploring innovative ways to connect brands with their audiences.

PR Newswire
Dec 6th, 2024
Vendr Announces Integration With Buy With Aws, Offering Simplified Procurement For Aws Customers

BOSTON, Dec. 6, 2024 /PRNewswire/ -- Vendr, the modern platform to buy and sell software at fair prices, today announced its integration with Buy with AWS, a new feature now available through AWS Marketplace. By implementing Buy with AWS, Vendr now provides simplified software buying experiences for customers on its website, powered by AWS Marketplace, a digital store that makes it easy for customers to find, buy, deploy, and manage software and services from AWS Partners

PYMNTS
Jul 11th, 2023
Salesforce Debuts Ai Products And Raises List Prices

After seven years of no increase in list prices, Salesforce will be increasing the average list price globally by 9% in August.Salesforce is raising the cost of Sales Cloud, Service Cloud, Marketing Cloud, Industry and Tableau, the company said in a Tuesday (July 11) press release.“Salesforce’s last list price increase was seven years ago, and since then the company has delivered 22 new releases, thousands of new features — including recent generative [artificial intelligence (AI)] innovations — and invested more than $20 billion in research and development,” the company said in the release.The new list pricing will be $80 for Professional Edition (up $5), $165 for Enterprise Edition (up $15) and $330 for Unlimited Edition (up $30) to all new and existing customers purchasing new clouds, according to the release.Generative AI features can add cost to tech companies’ offerings because of the amount of computing resources they require, Bloomberg reported Tuesday.There have been broad price increases across many software providers this year, with procurement startup Vendr reporting that its customers have seen a 35% increase since 2022, the report said.In one of Salesforce’s latest additions, the firm said in June that it introduced AI Cloud, a suite of capabilities designed to deliver real-time generative AI experiences across applications and workflows within the platform.This new suite of capabilities enables sales representatives to auto-generate personalized emails tailored to their customers’ needs, and service teams to auto-generate personalized agent chat replies and case summaries.In April, Salesforce rolled out a version of its Commerce Cloud for the healthcare field, with a HIPAA-compliant platform that is designed to streamline healthcare commerce experiences while reducing costs.The platform’s new features let healthcare and life sciences organizations sell directly to their customers, automate B2B sales and improve service through streamlined order support.“As the healthcare industry’s digital transformation continues, organizations that don’t offer online commerce channels run the risk of losing both customers and revenue to their competition,” Salesforce said at the time

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