Amount Raised
$150 Million
Round Type
Series B
Description
Vendr, the world’s first SaaS buying platform, today announced it raised $150 million in Series B funding co-led by return investor Craft Ventures and new investor SoftBank Vision Fund 2, and joined by Sozo Ventures, F-Prime Capital, Sound Ventures, Tiger Global and Y Combinator. The new funding will accelerate platform development, helping organizations cut costs, manage their second-highest expense - software - and reduce risk in light of the economic downturn.
Quick answer
Vendr raised $150 Million in a Series B round, dated June 16, 2022. Vendr is based in Charleston, South Carolina, United States.
- How much did Vendr raise?
- Vendr raised $150 Million in a Series B round on June 16, 2022.
- What does Vendr do?
- Vendr is changing how companies discover, buy, and renew SaaS.
- Where is Vendr based and how big is it?
- Vendr is based in Charleston, South Carolina, United States. Fundz records about 220 employees.
- Who are the decision-makers at Vendr?
- Fundz holds 1 contact at Vendr. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Software around the same time
Companies in the same sectors as Vendr that raised within 45 days of this round, from Fundz verified event records.
- Kompliant raised $14M (Funding Round) on July 29, 2022.
- Youverify raised $250K on July 29, 2022.
- FinLync raised an undisclosed amount (Corporate Round) on July 28, 2022.
- Spotnana raised $75M (Series B) on July 26, 2022.
- Altvia raised an undisclosed amount on July 26, 2022.
- Residently raised $5.9M (Funding Round) on July 21, 2022.
Who to call at Vendr, and when
A new round usually means Vendr is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Vendr raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Vendr, from your own LinkedIn network
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Fundz sees it the moment Vendr raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansVendr raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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