Layoff
Jun 2023Boston Business Journal reported Vendr cut about 100 employees, or roughly 25% of its workforce.
SourceCompany research
Public company, workplace, funding, and market signals
Overview
Vendr is a Boston-founded AI-powered SaaS procurement platform that helps procurement, finance, and IT teams benchmark software prices and automate or outsource negotiations. It built its business on real transaction data and, as of 2026, joined Vertice, combining Vendr's pricing intelligence with Vertice's procurement platform.
Primary product
AI-powered SaaS procurement and negotiation platform
Founded
2018
Headquarters
Boston, Massachusetts, United States
Team size
50-60
Work style
Remote
Industry
Software Development
Sub-industry
SaaS procurement / procurement intelligence
Offices
Boston, Massachusetts, United States
Charleston, South Carolina, United States
Business model
B2B SaaS
managed procurement services
negotiation-as-a-service
advisory / benchmarking platform
Funding
Stage
Series B
Total raised
$216M
Latest round
Series B · Jun 2022
Latest amount
$150M
People & investors
Leadership
Founder & CEO
Senior Vice President of Global Sales
Benjamin Reece
VP of Product
Rick O'Halloran
Director of Engineering
Lucas Brown
VP of Finance
John Sivewright
Senior Director, Success and Service
Stefan Jol
Director of Machine Learning
Maryrose Enoch
Regional Program Director
Libby M.
Regional Program Director
Work & culture
Remote-first and async-first, with a US-wide work-from-anywhere policy. Public materials emphasize ownership, transparency, speed, kindness, and collaboration.
Work style
Remote
Compensation
Public materials say competitive compensation is the baseline, with salary and equity packages. No public visa policy or detailed pay bands were found.
Benefits
competitive compensation
salary and equity
medical coverage
dental coverage
vision coverage
flexible PTO
company-wide recharge days
paid parental leave
professional development budget
home office stipend
monthly wellness benefit
Product & market
Pricing
Free tier plus custom/volume-based enterprise pricing; self-serve pricing intelligence with advisory and managed negotiation options.
Differentiators
- —billions of dollars in verified SaaS spend data
- —pricing benchmarks based on real transactions
- —human-plus-AI negotiation support
- —autonomous negotiation agent Ruth
- —procurement support for finance, IT, and procurement teams
- —managed negotiation execution end-to-end
- —contract analysis and renewal support
- —APIs and workflow integrations for procurement systems
Technology
React
TypeScript
Python
GraphQL
PostgreSQL
Redis
Docker
Datadog
OpenAI
GitHub
JavaScript
Segment
Mixpanel
Snowflake
Auth0
Google Workspace
NetSuite
Fivetran
Metabase
Tableau
Customers
Mural
Root Inc.
Enverus
Docebo
ServiceTrade
Quickbase
Gametime
Sprinklr
Brex
Deepgram
Bloomerang
Luno
Mixpanel
HubSpot
Canva
Competitors
Tropic
Spendflo
Zylo
Torii
Zluri
Productiv
Sastrify
Vertice
SpendHound
CloudEagle
Scale & contact
Estimated revenue
$50M-$60M
Signals & risks
Latest news
PR Newswire · Jun 2026
Vertice said it acquired Vendr, combining procurement intelligence datasets and positioning the combined company around AI-driven procurement and negotiation.
Vendr blog · Mar 2026
Vendr announced a partnership with Zip to embed software pricing benchmarks and negotiation intelligence inside Zip's procurement workflows.
Vendr blog · Dec 2024
Vendr announced its $150M Series B and described how the funding would accelerate data, product, and team expansion.
Boston Business Journal · Jun 2023
Boston Business Journal reported that Vendr laid off about 100 employees, about 25% of the workforce.
Business Wire · Feb 2022
Vendr acquired Blissfully to combine SaaS buying and SaaS management into one platform.
Jobs and careers at Vendr
0 jobs at Vendr
No open positions
Check back later for new openings