StageSeries B | Alive
Last Raised$150M | 1 yr ago
Vendr creates a self-serve process to help companies purchase, renew and manage their software subscriptions. Vendr's SaaS buying platform offers both a product and people-powered service to enable the world's fastest-growing companies to purchase software quickly and with guaranteed savings. Vendr was founded in 2018 and is based in Boston, Massachusetts.
Vendr's Product Videos
ESPs containing Vendr
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The SaaS spend management software market refers to the tools, techniques, and practices employed by organizations to monitor, control, and optimize their expenses on software services that are used on a subscription basis. As businesses increasingly rely on a diverse portfolio of SaaS tools for various purposes (CRM, data analytics, HR management, project management, etc.), this market has become…
Vendr named as Highflier among 14 other companies, including Zylo, Snow Software, and G2.
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Vendr's Products & Differentiators
Vendr is changing how companies discover, buy, and renew SaaS. The first of its kind, Vendr's SaaS buying platform offers both a product and people-powered service to enable the world's fastest-growing companies to purchase software quickly and with guaranteed savings.
Expert Collections containing Vendr
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Vendr is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
Latest Vendr News
Apr 18, 2023
Key findings from Vendr’s SaaS Trends Report: Q1 2023 include: AI leading the charge: AI-powered software is becoming more essential for businesses, with 36% of tools purchased in Q1 having AI features. Top new purchases: Salesloft and Drata top the list of new purchases, displaying an emphasis on investing in sales/revenue alongside security and compliance. Economic factors + ACV: An increase in federal interest rates may be related to the consistent increase in ACV of SaaS purchases over the past 12 months, which rose by 23% in Q1 2023. Diversifying the SaaS portfolio: Prominent names like Salesforce, Zoom, and DocuSign constitute only 13% of transactions, while 900+ diverse products contribute to the majority of sales. As software prices continue to increase, the report also determined six key factors influencing SaaS purchasing heading into Q2: Streamlining SaaS usage: Companies are cutting down on SaaS sprawl by opting for fewer products and shorter contract terms. Focused spending: Recent trends indicate increased spending on specific, targeted SaaS products by businesses. Cost-reduction strategies: As budgets are put under a microscope, companies are implementing cost-cutting measures in response to price hikes for critical SaaS services. Enhanced integration: Improved integration capabilities offered by SaaS products allow companies to connect existing systems more seamlessly, reducing the need for additional services. Reducing redundancy: Companies are addressing overlapping functionality in SaaS products to eliminate inefficiencies. Simplified procurement: Businesses are working with fewer vendors to streamline procurement processes and reduce administrative burdens. Write in to firstname.lastname@example.org to learn more about our exclusive editorial packages and programs.
Vendr Frequently Asked Questions (FAQ)
When was Vendr founded?
Vendr was founded in 2018.
Where is Vendr's headquarters?
Vendr's headquarters is located at 501 Boylston St, Boston.
What is Vendr's latest funding round?
Vendr's latest funding round is Series B.
How much did Vendr raise?
Vendr raised a total of $216.15M.
Who are the investors of Vendr?
Investors of Vendr include Y Combinator, Sound Ventures, Craft Ventures, F-Prime Capital, Tiger Global Management and 13 more.
Who are Vendr's competitors?
Competitors of Vendr include Sastrify, Spendflo, Zylo, Cacheflow, Cledara and 11 more.
What products does Vendr offer?
Vendr's products include Vendr .
Who are Vendr's customers?
Customers of Vendr include HubSpot , Brex and Plaid .
Compare Vendr to Competitors
Zylo develops an enterprise management platform for cloud-based subscriptions. The company offers product overview, managed services, software-as-a-service (SaaS) negotiator services, and integrations. It was founded in 2016 and is based in Indianapolis, Indiana.
Tropic operates as a tech-enabled procurement service for startups providing a financial management platform. The company offers source intelligence, financial controls, accounting automation, and more. It aims to help companies save time and money by delivering unprecedented visibility, control, and ease at every stage of their purchasing. It was founded in 2019 and is based in New York, New York.
Vertice offers a software as a service (SaaS) purchasing platform. The platform offers pricing data intelligence, procurement, human resource, and other solutions. It was founded in 2021 and is based in San Francisco, California.
Torii offers a SaaS management solution that helps enterprises effectively manage their SaaS application use and subscriptions.
Zluri provides a comprehensive SaaS Management platform for IT teams to discover, manage and optimize, secure and automate SaaS applications from a single dashboard.
Productiv provides a SaaS application engagement analytics platform for IT leaders, which goes beyond login data by looking at more than 50 engagement dimensions, enabling enterprise customers to continuously rationalize their application portfolio and answer questions about application investments and effectiveness with contextual insights about actual use.
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