Vendr Raises $150M in Series B Funding
- Vendr, a Boston, MA-based provider of a SaaS buying platform, raised $150M in Series B funding
- The round was led by Craft Ventures and SoftBank Vision Fund 2, with participation from Sozo Ventures, F-Prime Capital, Sound Ventures, Tiger Global and Y Combinator
- The company intends to use the funds to accelerate platform development and expand its business reach
- The company provides a SaaS buying platform that offers both a product and people-powered service to enable companies to purchase software quickly and with guaranteed savings
- Today, the company has facilitated over $1B+ in SaaS purchases across 1,200+ suppliers for Finance and Procurement teams at HubSpot, Brex, Canva, Reddit, Toast, and more
- Headquartered in Boston with a second location in Charleston
