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BuyerQuest

buyerquest.com

Stage

Acquired | Acquired

Total Raised

$15.08M

About BuyerQuest

BuyerQuest is a cloud-based Procure-to-Pay (P2P) software provider. The company was founded on the core belief that the enterprise procurement experience can and should be just as easy as an everyday B2C eCommerce shopping experience. BuyerQuest delivers its end-users an eCommerce shopping experience for all goods and services across the enterprise. Procurement and Accounts Payable organizations are empowered by BuyerQuest's intuitive administration tools to operationalize their negotiated contracts and drive compliance through widespread user adoption.On February 18th, 2021, BuyerQuest was acquired by The ODP Corporation. The terms of the transaction were not disclosed.

Headquarters Location

343 West Bagley Road Suite 300

Berea, Ohio, 44017,

United States

866-937-0670

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Expert Collections containing BuyerQuest

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

BuyerQuest is included in 1 Expert Collection, including Fintech.

F

Fintech

7,565 items

US-based companies

BuyerQuest Patents

BuyerQuest has filed 1 patent.

The 3 most popular patent topics include:

  • Computer storage media
  • DVD
  • Procurement
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/27/2016

11/17/2020

Sphaeroceridae, Character sets, Procurement, Rotating disc computer storage media, Diagrams

Grant

Application Date

9/27/2016

Grant Date

11/17/2020

Title

Related Topics

Sphaeroceridae, Character sets, Procurement, Rotating disc computer storage media, Diagrams

Status

Grant

Latest BuyerQuest News

The ODP Corporation Accelerates Digital Transformation With The Acquisition Of BuyerQuest Holdings, Inc., A Recognized Leader In...

Mar 18, 2021

BOCA RATON, FLA.--(BUSINESS WIRE)-- The ODP Corporation (NASDAQ: ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, today announced that it has acquired BuyerQuest Holdings, Inc., a leader in cloud-based enterprise Procure-to-Pay (P2P) software. The acquisition accelerates ODP’s technology development and enables it to deliver an integrated, eCommerce, P2P, and supply chain platform designed to transform how businesses buy and sell. Since the company’s inception nine years ago, BuyerQuest has delivered a world-class eCommerce experience to procurement organizations all around the world. The software streamlines and enhances corporate buying processes, allowing customers to increase user adoption, drive contract compliance, and save money. BuyerQuest customers, including some of the most recognized names in the consumer packaged goods, hospitality, public sector, manufacturing, and restaurant industries, among others, benefit from a modern buying experience that provides the spend transparency, deep insights, and advanced intelligence capabilities needed to save money and focus more on strategic priorities. “We are committed to delivering on our vision to be a leading B2B company. With the addition of BuyerQuest’s market-leading capabilities, and our recent announcement that Prentis Wilson has joined ODP, we are well on our way to fulfilling that vision,” said Gerry Smith, chief executive officer of The ODP Corporation. “We are excited to welcome BuyerQuest into the ODP family as we accelerate our digital transformation.” ODP recently announced that Wilson, a B2B technology veteran, joined the company to help establish and scale a newly launched technology business. Wilson has a strong track record of successfully building B2B technology businesses as he spent almost eight years at Amazon.com, Inc., where he launched Amazon Business and grew it to over $10 billion in annual sales. “BuyerQuest’s strong customer focus, coupled with a world-class product, has allowed it to disrupt a crowded P2P market. As a result, BuyerQuest manages billions of dollars in monthly spend for some of the world’s most reputable organizations,” said Wilson. “The combination of BuyerQuest’s P2P platform and ODP’s digital commerce technology and supply chain capabilities drive efficiency and growth for customers – buyers and suppliers alike.” “Our success has been a result of focusing on customers and delivering an intuitive platform that meets the needs of organizations of all size,” said Jack Mulloy, CEO & Founder of BuyerQuest. “Gerry and Prentis share our customer obsession and vision around the future of B2B commerce. We look forward to accelerating our ability to deliver unprecedented value to our customers.” To learn more about The ODP Corporation and BuyerQuest, visit investor.theodpcorp.com and www.buyerquest.com . About The ODP Corporation The ODP Corporation (NASDAQ:ODP) is a leading provider of business services and supplies, products and digital workplace technology solutions to small, medium and enterprise businesses, through an integrated business-to-business (B2B) distribution platform, which includes world-class supply chain and distribution operations, dedicated sales professionals and technicians, online presence, and approximately 1,200 stores. Through its banner brands Office Depot®, OfficeMax®, CompuCom® and Grand&Toy®, as well as others, the Company offers its customers the tools and resources they need to focus on their passion of starting, growing and running their business. For more information, visit news.theodpcorp.com and investor.theodpcorp.com . The ODP Corporation and Office Depot are trademarks of The Office Club, Inc. OfficeMax is a trademark of OMX, Inc. CompuCom is a trademark of CompuCom Systems, Inc. Grand&Toy is a trademark of Grand & Toy, LLC in Canada. ©2021 Office Depot, LLC. All rights reserved. Any other product or company names mentioned herein are the trademarks of their respective owners. View source version on businesswire.com: https://www.businesswire.com/news/home/20210218005639/en/ Copyright Business Wire 2021

BuyerQuest Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
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BuyerQuest Frequently Asked Questions (FAQ)

  • Where is BuyerQuest's headquarters?

    BuyerQuest's headquarters is located at 343 West Bagley Road, Berea.

  • What is BuyerQuest's latest funding round?

    BuyerQuest's latest funding round is Acquired.

  • How much did BuyerQuest raise?

    BuyerQuest raised a total of $15.08M.

  • Who are the investors of BuyerQuest?

    Investors of BuyerQuest include The ODP Corporation, Paycheck Protection Program, Bridge Capital Holdings, First Analysis and Argentum Group.

  • Who are BuyerQuest's competitors?

    Competitors of BuyerQuest include Fairmarkit.

Compare BuyerQuest to Competitors

Procurify Logo
Procurify

Procurify is a spend management solution for organizations of all sizes offering easy-to-use features allowing users to organize all their purchasing and spend documents in one place.

Precoro Logo
Precoro

Precoro offers procurement software and cloud-based spend management software for small and mid-size businesses. The company's product offers features such as purchase requests, purchase orders, approval workflow, budget management, reporting, and more. The company was founded in 2014 and is based in Brooklyn, New York.

Tealbook Logo
Tealbook

Tealbook connects companies so they can interact with more efficiency and trust. The company captures, cleanses, enriches, automates and expands the supplier master to reduce the time and cost required to find one another for the purpose of doing better business.

Silex Logo
Silex

Silex provides a sourcing platform for companies to source and manage service providers, and collaborate on projects.

Globality Logo
Globality

Globality is building artificial intelligence tech that will enable mid-size and small businesses to play a greater role in driving the global economy.

F
Fairmarkit

Fairmarkit operates an autonomous sourcing platform to improve how enterprise procurement teams manage their tail spend and beyond. Its SaaS platform centralizes supplier data and leverages its machine learning recommendation engine to match business needs to relevant suppliers, saving time and money. It serves clients in the logistics sector. The firm was founded in 2017 and is based in Boston, Massachusetts.

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