VendorPM Raises $6M in Seed Funding
- VendorPM, a Toronto, Canada-based software-enabled marketplace for property managers to manage, source and procure service vendors, raised $6m in seed funding
- The round was led by Bessemer Venture Partners as well as proptech and real estate investors
- The company intends to use the funds for continued product innovation, hiring of talent, as well as expansion plans into targeted growth markets across the US
- The company provides a SaaS-based centralized platform, which allows property management companies to streamline and organize vendor data and operations
- The platform supports 400+ building services across maintenance, operations, capital expenditures and professional services
- In less than 2 years, the company has scaled its business to cover more than 5,000 buildings, 30,000 vendors and 100 property management firms
