Vendr

Vendr operates a software pricing intelligence and negotiation platform for procurement, finance and IT teams. The product line is organized around two agent categories: pricing agents, which provide real-time benchmarks of what comparable companies pay for a given supplier and identify which contract terms suppliers typically concede, and negotiation agents, which review existing contracts for overcharges and renewal traps and can run supplier negotiations end-to-end from first outreach to final terms with human oversight [0][1]. The company positions its dataset as the largest of its kind for SaaS pricing, built from transactions across more than 2,600 suppliers, and uses it to power benchmarking through to autonomous contract negotiation [2].

The platform is designed for both organizations with dedicated procurement teams — which can route renewals from existing workflows to Vendr to capture savings on long-tail spend — and organizations without procurement expertise, for which Vendr's agents draft outreach and negotiate on the buyer's behalf, largely asynchronously over email [0][1]. Vendr states it integrates with existing procurement workflow platforms, exposes its pricing and negotiation data through APIs intended for agent-driven procurement systems, and maintains SOC 2 compliance and published AI policies [0][1]. Its named AI negotiation agent is Ruth, described by Y Combinator as trained on Vendr's SaaS pricing and negotiation dataset and available to try at agent.vendr.com [6]; Vendr's own timeline dates the launch of Ruth and the shift to an AI-first platform to 2026 [2].

Following the June 2026 acquisition by Vertice, Vendr's software insights are being integrated into the Vertice platform; the combined dataset is described as covering more than $75 billion in global indirect spend across 32,000 vendors and 250,000 negotiated contracts, with over 2 million price points, and the two companies together operate more than 60 procurement AI agents used by over 1,000 customers [4]. Vendr's pricing page now presents Vertice product tiers spanning Intake-to-Procure, SaaS Purchasing, and Cloud Cost Optimization [3].