London-based Vertice, which offers an AI-powered SaaS spend management platform, raised a $50M Series C led by Lakestar, taking its total funding to ~$100M

AI procurement management software startup Vertice raises $50M - SiliconANGLE

Procurement software startup Vertice Technology Inc. said today it has finalized a $50 million funding round led by Lakestar, bringing its total amount raised to more than $100 million, and its valuation to a reported $500 million. Perpetual Growth and CF Private Equity also participated in the Series C round, alongside existing investors Bessemer Venture […] The post AI procurement management software startup Vertice raises $50M appeared first …

Vertice Raises $50 Million to Expand Procurement Platform

Vertice has raised $50 million in a Series C funding round to expand the adoption and capabilities of its procurement platform. The company will use the new funding to open new regional offices, triple its engineering team, and add more integrations and automations, it said in a Wednesday (Jan. 22) blog post. Vertice aims to become “the integrated backbone of the procurement and finance stack,” Vertice Co-Founder and CEO Eldar Tuvey wrote in the…

Vertice secures $50m Series C funding to enhance procurement efficiency

Vertice, a leading spend optimisation platform, has secured $50m in a Series C funding round led by Lakestar.

Vertice Raises $50 Million in Series C Funding to Revolutionize Procurement

London-based procurement platform, Vertice, has successfully raised $50 million (nearly €47.97 million) in a Series C funding round, bringing the company’s total funding to over $100 million (nearly €95.91 million). The round was led by Lakestar, with participation from Perpetual Growth, CF Private Equity, and existing investors Bessemer Venture Partners and 83North. Vertice plans to utilize the funds to continue developing its unified platform …

London-based Vertice, which offers an AI-powered SaaS spend management platform, raised a $50M Series C led by Lakestar, taking its total funding to ~$100M

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Vertice Raises $50 Million Series C to Simplify Procurement

Vertice, the spend optimization platform, today announced $50 million in Series C funding led by Lakestar. This investment brings the total raised to over $100 million. Additional participants include Perpetual Growth and CF Private Equity, alongside existing investors Bessemer Venture Partners and 83North. This oversubscribed round is the latest milestone in Vertice’s 2.5 year growth journey, exponentially scaling its worldwide revenue and cust…