/Companies

Vendr

AcquiredYC S19

Boston, US · Founded 2019 · Delaware corporation · 50 employees · 14 known investors

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Vendr provides a SaaS pricing intelligence platform and AI-powered negotiation tools for procurement, finance, and IT teams to benchmark software costs and reduce overpayment. The company aggregates transaction data from thousands of SaaS purchases to deliver data-driven negotiation strategies and autonomous contract negotiation capabilities.

Also known as Vendr.co · Vendr.co (Purchase LLC) · Vendr.co (Purchase LLC), Vendr.co, Vendr.com · Vendr.com · Vendr, Inc.

AI & Machine LearningEnterprise SoftwareSaaSFinanceProcurementUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (S19)

Vendr was founded in 2019 by Ryan Neu.

RNRyan Neu
Ryan NeuFounder & CEO2018–2026Ryan Neu founded Vendr and previously held a sales leadership role at HubSpot, where he worked from the company's early stages through its IPO.
DC
Darius ContractorChief Product \u0026 Engineering Officer
PD
Paige DurginRecruiting Manager

Board

DSDavid Sacks
David SacksBoard directorCo-founder & General Partner at Craft Ventures; former White House AI & Crypto Czar
JE
Jeff EpsteinBoard director

Investors · 14

Craft Ventures✓ confirmed by VendrSan Francisco · $50K – $50Mvia David Sacks · led

How we know: the company's own site · a partner's Signal profile · funding news · offering press articles · craftventures.com · open dataset · 5k.vc investor directory · Y Combinator's founder network · Not right? Tell us

Y Combinator✓ confirmed by VendrSan Francisco · $500K

How we know: the company's own site · the Y Combinator directory · funding news · offering press articles · open dataset · 5k.vc investor directory · Not right? Tell us

Tiger Global Management✓ confirmed by VendrNew York · $1M – $100M

How we know: the company's own site · funding news · offering press articles · Y Combinator's founder network · Not right? Tell us

Garage Capitallisted by Garage CapitalWaterloo

How we know: the VCSheet dataset · Y Combinator's founder network · Not right? Tell us

Drive CapitalreportedColumbus · $5M – $30M

How we know: Y Combinator's founder network · Not right? Tell us

Fortius VenturesreportedOrinda

How we know: Y Combinator's founder network · Not right? Tell us

Sound VenturesreportedSanta Monica

How we know: Y Combinator's founder network · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$272.2M disclosed across 3 rounds · 2021–2022

▶$150MraisedJun 2022 · 12 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Priya SaiprasadDirector
  • Ryan NeuExecutive Officer, Director
  • Jeffrey EpsteinDirector
  • Jason QuinnExecutive Officer
  • David SacksDirector
  • Ariel DiazExecutive Officer
  • Kerry MunzExecutive Officer
  • Aaron WhiteExecutive Officer
Offering amount
$150M
Amount sold
$150M
First sale
May 2022
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$66MraisedFeb 2022 · 28 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Aaron WhiteExecutive Officer
  • Kerry MunzExecutive Officer
  • Jeff EpsteinDirector
  • David SacksDirector
  • Ariel DiazExecutive Officer
  • Jason QuinnExecutive Officer
  • Ryan NeuExecutive Officer, Director
Offering amount
$66M
Amount sold
$66M
First sale
Feb 2022
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$56.2MraisedMar 2021 · 22 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Jeff EpsteinDirector
  • Ryan NeuExecutive Officer, Director
  • David SacksDirector
Offering amount
$56.2M
Amount sold
$56.2M
First sale
Feb 2021
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

The YC application· Summer 2019 batch

Alumni Q&A

What's the history of your company from getting started until the present day? What were the big inflection points?
The founders started Vendr in 2018 and went through Y Combinator in 2019, with founder and CEO Ryan Neu building the company to help firms reduce SaaS costs through data-driven negotiations. After raising a $150M Series B, Vendr shifted from a services-led model to an AI-focused one and launched Ruth, a negotiation agent trained on its dataset of SaaS pricing and negotiation data.
What is the core problem you are solving? Why is this a big problem? What made you decide to work on it?
The founders address the manual, slow, and opaque nature of SaaS buying, where purchasers lack visibility into fair pricing and sellers spend months negotiating. Ryan Neu, who led SMB sales at HubSpot through its IPO, founded Vendr in 2018, and its negotiation agent Ruth uses pricing and contract data to help buyers reach fair deals.

Summarized from the founders' answers on their Y Combinator profile.

Company profile

researched Aug 2026

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].

Compiled by commissioned research from 11 cited public sources — announcements, filings, and press listed under research sources below.

Images

Vendr photo

Founder mafia

5 people who came through Vendr went on to found or lead other companies.

Related companies · 8

SpendfloSpendflo builds Flo, an autonomous procurement workforce of AI agents that runs the intake-to-pay cycle — handling purchase requests, contract tracking, and invoice matching — while human teams approve only what needs them. Originally a SaaS spend management platform, it serves finance and procurement teams at businesses managing many vendors, contracts, and subscriptions.
ProcotoProcoto is a procurement platform that centralizes vendor management, sourcing requests, and contracts for purchasing teams. It serves organizations in sectors like public sector, property management, construction, and logistics that need to manage vendor sourcing and contract terms at scale.
CloudeagleCloudEagle.ai is a SaaS management platform that gives enterprises a single command center to discover, secure, govern, and optimize their SaaS and AI applications, identities, access, licenses, and renewals. It serves IT, security, and procurement teams with tools for spend optimization, procurement workflows, access governance, and identity lifecycle management.
MentumMentum provides AI-powered analysis tools that help procurement and supply chain teams process unstructured data into insights for sourcing decisions and cost reduction, serving industries including consumer goods, energy, automotive, and aerospace.
RampRamp offers a finance platform that combines corporate cards, expense management, and AI-driven automation for receipt capture, transaction coding, and reimbursements. It serves finance teams and businesses looking to consolidate spending tools and automate accounting workflows.
DexterDexter uses AI to analyze supplier invoices and contracts for procurement teams, identifying opportunities to reduce spending through consolidation and detection of off-contract or leaked expenses.
HazelHazel AI provides software that automatically generates Request for Proposal (RFP), Request for Quote (RFQ), and Request for Bid (RFB) documents using an agency's templates, past awards, and policies. The tool is designed for government and procurement agencies to rapidly create compliant solicitations.
AlpasAlpas builds AI-driven procurement software that helps procurement departments identify new suppliers significantly faster. The platform serves supply chain and sourcing teams at large industrial companies through data-driven insights and supplier discovery tools.

Companies working in the same space as Vendr.

Acquisitions · 1

Early investors' stakes continue via these deals
Blissfully

Blissfully was a SaaS management platform that helped companies discover, manage, and optimize their SaaS applications, spend, and vendor workflows. Acquired by Vendr in 2022.

Legal entities · 2

corporate structure
VendrDelaware
Vendr, Inc.

In the news

▸Research sources · 11

primary sources listed

11 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Vendr do?
Vendr is a SaaS pricing-intelligence and AI negotiation platform, acquired by procurement software company Vertice in 2026.
Who founded Vendr?
Vendr was founded by Ryan Neu in 2019.
Who are Vendr's investors?
Vendr's investors include Craft Ventures, SoftBank Vision Fund, Y Combinator, Tiger Global Management, 83North, F-Prime Capital, Garage Capital, HubSpot Ventures and 6 more.
How much funding has Vendr raised?
Vendr has disclosed $272.2M raised across 3 rounds.
Where is Vendr headquartered?
Vendr is headquartered in Boston, US.