2 years ago

Vertice Raises €23 Million to Help Finance Teams Control SaaS and Cloud Spend

  • Vertice, a London-based SaaS and cloud spend management platform, has raised €23 million in Series B funding led by 83North and Bessemer Venture Partners

  • The company has seen 7x growth in ARR in 2023 and will use the new funding to fuel product innovation and expand globally

  • Vertice manages over $1.1 billion in software and cloud spend for hundreds of companies in over 30 countries

  • The company's mission is to help finance and procurement leaders control their SaaS and cloud costs, saving them 25% on their spend.

      • ProblemTechnology

      "saving 25% on SaaS and cloud spend for companies"

      Solution

      "Vertice's integrated SaaS and cloud spend management platform helps finance teams automate procurement workflows, improve operational efficiency and gain granular visibility into software and cloud spend"

      Covered on