Vendr

Vendr is a SaaS procurement and spend management platform founded in 2019 and headquartered in Boston, Massachusetts. The company, led by CEO Ryan Neu, focuses on transforming how enterprises purchase and manage software. With a team of 375 employees, Vendr has raised $150 million in a Series B funding round to enhance its offerings. The Vendr platform streamlines the SaaS procurement lifecycle with tools for buying workflows, vendor intelligence, and procurement automation. It provides automated approvals, renewal tracking, data benchmarks, contract analysis, and negotiation advisory services. By combining a web dashboard with human-led negotiation support, Vendr helps companies purchase software more efficiently and at lower costs, claiming to have saved customers over $250 million since its inception. Vendr positions itself as a neutral intermediary in the SaaS procurement space, utilizing proprietary pricing AI to offer multi-dimensional price benchmarks. The company promotes a hybrid work model and emphasizes employee benefits, earning a Great Place To Work® certification.