- Vendr is a Boston-based online procurement platform that simplifies the purchasing and renewal of SaaS products, aiming to streamline B2B sales and reduce software expenses for companies.
- In 2026, Vendr raised $150 million in Series B funding, co-led by Craft Ventures and SoftBank Vision Fund 2, to enhance its SaaS buying platform and address the complexities of software procurement.
- Vendr's platform has gained traction with companies looking to optimize their SaaS spending, leveraging data-backed insights to facilitate commercial negotiations and renewal management.
- Ideal buyers include procurement teams and finance departments in mid to large enterprises facing challenges in managing multiple SaaS subscriptions and seeking to reduce the lengthy purchasing cycle.
Vendr's workforce is structured across 14 departments, with a notable concentration in Operations, which employs 23 individuals. Information Technology follows closely with 15 employees, while Sales contributes 12 to the overall headcount. The balanced distribution across departments indicates a well-rounded organizational structure, supporting both operational efficiency and technological advancement.
Vendr operates across 21 locations, with the highest concentration in Boston, MA, housing 15 employees. Other significant locations include Denver, CO, with 4 employees, and several sites in California, each contributing 2. The large 'Other' category, accounting for 89 employees, suggests a distributed workforce model, enhancing flexibility and access to diverse talent across various regions.
