FinTechFunding

Vendr is forever changing how companies buy and renew SaaS

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
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Steve Sam
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.

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