How Vendr hit $61M revenue with a 424 person team in 2023.
Vendr is a technology-enabled procurement platform that helps businesses manage their SaaS (Software-as-a-Service) subscriptions. Vendr's platform includes features such as SaaS management, vendor management, contract negotiation, and spend optimization. The platform is designed to help businesses of all sizes and industries reduce the complexity and costs associated with managing SaaS subscriptions and vendors.
2019
Founded
$61M
2023 Revenue
109.26%
YOY
$216M
Funding
Vendr Revenue
In 2023, Vendr revenue run rate hit $61M in revenue.
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2023
Vendr hit $61M in revenue in 2023
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2022
Vendr hit $29.2M in revenue in 2022
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2021
Vendr hit $18M in revenue in 2021
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2021
Vendr hit $18M in revenue in 2021
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2020
Vendr hit $6.2M in revenue in 2020
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2019
Vendr launched in 2019 with $0 revenue
Vendr Funding History
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2022 Venture Round
Vendr raised a Venture Round of in February, 2022
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2021 Series A
Vendr raised a Series A of in April, 2021
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2020 Seed Round
Vendr raised a Seed Round of in February, 2020
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2019 Seed Round
Vendr raised a Seed Round of in August, 2019
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2019 Seed Round
Vendr raised a Seed Round of in June, 2019
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| February, 24 2022 | Venture Round | ||
| April, 08 2021 | Series A | ||
| February, 20 2020 | Seed Round | ||
| August, 22 2019 | Seed Round | ||
| June, 01 2019 | Seed Round |
Team
Vendr has 424 total employees and 85 sales reps that carry a quota. an engineering team of 45 and a marketing team of 6.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 424 |
| Engineer | 45 (11%) |
| Sales | 85 (20%) |
| Marketing | 6 (1%) |
Founder / CEO
Ryan Neu
Founder & CEO, Vendr
Q&A
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Customers
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Vendr Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Ryan Neu | CEO | [email protected] | - |
Vendr Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Ryan Neu | CEO | [email protected] | - |
| David Jegen | Investor | [email protected] | - |
Vendr Board of Directors
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Spencer Foust | Board Member | [email protected] | - |
| Ian McAllister | Board Member | [email protected] | [email protected] |
| Priya Saiprasad | Board Member | [email protected] | [email protected] |
| Matt Daubert | Board Member | - | - |
| David Sacks | Board Member | [email protected] | - |
Frequently Asked Questions about Vendr
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When was Vendr founded?
Vendr was founded in 2019.
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How much revenue does Vendr generate?
Vendr generates $61M in revenue.
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Who is the CEO of Vendr
The CEO of Vendr is Ryan Neu.
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How much funding does Vendr have?
Vendr raised $216M.
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How many employees does Vendr have?
Vendr has 424 employees.
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Where is Vendr headquarters?
Vendr is headquartered at 501 Boylston St, 10th Floor, Boston, Massachusetts, United States
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