Terzo: Raises $3.2M in Seed Funding

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Terzo Raises $3.2M in Seed Funding

  • Terzo, a Los Angeles, CA-based provider of a SaaS based enterprise Vendor Relationship Management (VRM) platform, raised $3.2M in seed funding
  • The round was led by Great Oaks Venture Capital, joined by NJF Capital, Innovation Global Capital and Abnormal Security Ventures
  • The company intends to use the funds to continue to expand operations and its business reach
  • The company provides a SaaS based Vendor Relationship Management (VRM) platform for enterprises to gain insights to drive innovation
  • The company is gaining traction with Fortune 500 enterprises
  • Whether managing contracts, tracking goals or evaluating opportunities, company’s VRM increases collaboration among the right stakeholders within and across organizations
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