Fundz

Vendr Raises $150Mm Series B To Help Cfos Reduce Software Expense

RECENTLY ACQUIREDJun 16, 2022

Amount Raised

$150 Million

Round Type

Series B

CharlestonOtherFinancial ServicesSoftware

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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Company Information

Company

Vendr

Location

804 Meeting Street

Charleston, South Carolina, United States

About

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. Today, Vendr has facilitated over $1B+ in SaaS purchases across 1,200+ suppliers for Finance and Procurement teams at HubSpot, Brex, Canva, Reddit, Toast, and more.

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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.

Related People

1 contact
Verified contacts18 people are listed at Vendr. We don't have their email yet.See plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Vendr raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.