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Industries
Data & Analytics
Consumer Software
Enterprise Software
Company Size
201-500
Company Stage
Series B
Total Funding
$274.3M
Headquarters
Boston, Massachusetts
Founded
2019
Vendr simplifies the process of procuring software for companies, particularly focusing on 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 processes and offers integrations to streamline buying. 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 data, all while prioritizing data privacy.
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Total Funding
$274.3M
Above
Industry Average
Funded Over
5 Rounds
Industry standards
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
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
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
Vendr, a Boston-based startup that helps major companies like the Washington Post and HubSpot bring on new SaaS vendors with ease, announced Monday it closed on a massive $60 million Series A led by Tiger Global Management.
SaaS buying platform Vendr has launched Workflows, a new feature allowing customers to define, automate, and scale their procurement processes.
Leading SaaS buying platform Vendr today announced the launch of Explore, a dynamic catalog of the entire software ecosystem built to help companies make faster and more informed purchasing decisions.
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Industries
Data & Analytics
Consumer Software
Enterprise Software
Company Size
201-500
Company Stage
Series B
Total Funding
$274.3M
Headquarters
Boston, Massachusetts
Founded
2019
Find jobs on Simplify and start your career today