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Vertice logo — Intelligent Procurement Platform

Vertice

Intelligent Procurement Platform

Founded 2021 United Kingdom London, United Kingdom 568 employees Series C Total: $97.70M Financial Services, Fintech +1

General Information

Company Name Vertice
Founded Year 2021
Location United Kingdom London, United Kingdom
Employees 568
Industries Financial Services, Fintech, SaaS
Funding Stage Series C
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Service Fee, Usage Based
Hiring 20 roles posted in the month to 26 Sep 2026
Offices as of Aug 2026
London, United Kingdom
Social

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AI Insight

Bounce Watch AI
2 months ago

Vertice has made a significant strategic move by acquiring Vendr, bolstering its AI-powered procurement intelligence platform and expanding its market footprint. This M&A activity, coupled with strong market validation as an IDC Leader and a major customer win with Arm, signals an aggressive push for market dominance. The company's rapid scaling is further supported by continuous product innovation and a substantial hiring drive for 85 positions.

Signal Types
Acquisition Recognition Customer Acquisition Hiring Product Launch Strategic Partnership
Strategic Labels
Strategic Acquisition Market Leadership Rapid Scaling
Next Move: Expansion
·
Impact: 9/10
·
Ideal For: Growth Equity Investors — Enterprise AI SaaS

About Vertice

Vertice, founded in 2021, is an innovative player in the Financial Services, Fintech, and SaaS industries, headquartered in the United Kingdom. The company's slogan, "Intelligent Procurement Platform", aptly captures its mission to enhance enterprise procurement processes. Vertice successfully merges agentic workflows, AI-driven insights, and skilled buying expertise to optimize operations for finance and procurement teams across over 100 countries.

The platform is renowned for enabling better purchase decisions, managing over $75 billion in spending and consistently achieving savings of over 20%, while doubling the speed of procurement cycles. Recognized as the UK’s fastest-growing scale-up by the Financial Times, Vertice has made significant footprints internationally, including operations in New York, Boston, Sydney, Brno, Linz, and Johannesburg.

In its latest financial milestone, Vertice secured a $50.00M Series C investment on 01 January 2025, backed by notable investors such as Bessemer Venture Partners, 83North, Lakestar, CF Private Equity, and Perpetual Investors, strengthening its position for future growth and innovation.

Business keywords: Intelligent Procurement, AI-powered Insights, Procurement Automation, Spend Optimization, SaaS Purchasing, Cost Savings, Procurement Cycle Acceleration, Enterprise Procurement, Finance Management, Software Expense Management, Cloud Expense Oversight

Services & Products

Intake-to-Procure
SaaS Purchasing
Dynamic Intake
Vendor Onboarding
Budget Management
Risk Management
Pricing Benchmarks
Sourcing

Target Customers

Finance Teams Procurement Teams IT & Security Teams Legal Teams Cloud Engineers

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series C $50.00M 5
Bessemer Venture Partners 83North Lakestar
Bessemer Venture Partners, 83North +3
01 Jan 2025
Series B €23.00M 2
Bessemer Venture Partners 83North
Bessemer Venture Partners, 83North
01 Jan 2024
Series A €24.70M 7
Astia Bessemer Venture Partners 83North
Astia, Bessemer Venture Partners +5
01 May 2022

Latest News

View All
Kpler bags $1B+, Salesforce acquires Contentful, and Built in Europe campaign launched — Tech
Kpler bags $1B+, Salesforce acquires Contentful, and Built in Europe campaign launched
Tech Jun 05, 2026
Vertice acquires Vendr to build AI-powered procurement intelligence platform — Tech
Vertice acquires Vendr to build AI-powered procurement intelligence platform
Tech Jun 01, 2026
Vertice buys Vendr to build what it calls the largest procurement dataset — Thenextweb
Vertice buys Vendr to build what it calls the largest procurement dataset
Thenextweb Jun 01, 2026
Meet the UK and Ireland’s fastest-growing fintechs by revenue — Sifted.eu
Meet the UK and Ireland’s fastest-growing fintechs by revenue
Sifted.eu Nov 23, 2025
Meet Europe’s fastest growing fintechs — Sifted
Meet Europe’s fastest growing fintechs
Sifted Nov 23, 2025
Europe's 10 biggest software deals in H1 2025 — Tech
Europe's 10 biggest software deals in H1 2025
Tech Sep 18, 2025

Vertice Alternatives & Competitors

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Vertice vs
Cledara
Cledara United States

One place to manage all your software subscriptions

Series A
45 employees
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Vertice vs
Procurify
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Procurify’s Intelligent Spend Management platform provides real-time visibility and control over all...

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Vertice vs
ProsperOps
ProsperOps United States

Hands-free cloud cost optimization. Automatically reduce your AWS, Google Cloud & Azure costs with z...

Series A
75 employees
DevOps, Financial Services
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FAQ About Vertice

Intelligent Procurement Platform
Vertice was founded in 2021.
Vertice is headquartered in London, United Kingdom.
Vertice operates in Financial Services, Fintech and SaaS. Its work centres on Intelligent Procurement, AI-powered Insights, Procurement Automation and Spend Optimization. Its customers include Finance Teams, Procurement Teams and IT & Security Teams.
Vertice has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Service Fee and Usage Based.
Vertice has approximately 568 employees.
Vertice has completed 3 funding rounds, raising a total of $97.70M. The latest funding stage is Series C.
Vertice offers: Intake-to-Procure, SaaS Purchasing, Dynamic Intake, Vendor Onboarding, Budget Management, Risk Management, Pricing Benchmarks, Sourcing, Contracts.
Top alternatives and competitors to Vertice include Cledara, Procurify, ProsperOps, Pivot, Soldo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Vertice and Cledara are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Vertice, https://bouncewatch.com/company/vertice, updated 26 September 2026. When citing, please name BounceWatch and link this page.

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