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Vertice

Johannesburg, ZA · Founded 2021 · 554 employees on LinkedIn · 8 known investors

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Vertice provides an intelligent procurement platform that uses predictive analytics to anticipate supplier risks, capacity constraints, and price changes, helping finance and procurement teams reduce costs and accelerate decision-making.

Enterprise SoftwareSaaS

Founders & leadership

ET
Eldar TuveyFounder
RT
Roy TuveyFounder

Investors · 8

Bessemer Venture Partnerslisted by Bessemer Venture PartnersSan Francisco · $50K – $100M

How we know: Bessemer Venture Partners's portfolio page · a partner's Signal profile · funding news · techcrunch.com · open dataset · 5k.vc investor directory · Not right? Tell us

CelonisreportedNew York

How we know: a partner's Signal profile · Not right? Tell us

Common FundreportedNorwalk

How we know: finance.yahoo.com · Not right? Tell us

General CatalystreportedSan Francisco · $30M

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

LakestarreportedZurich · $540K

How we know: funding news · finance.yahoo.com · open dataset · 5k.vc investor directory · Not right? Tell us

Team8reportedNew York

How we know: a partner's Signal profile · Not right? Tell us

Also in the syndicate · 1

Perpetual Growth

Funding

SEC filings, press & company announcements

$25M disclosed across 1 of 2 rounds · 2024–2025

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 6

CloudZeroCloudZero provides cost allocation and financial management for AI workloads, helping companies understand the ROI of their AI investments across cloud platforms and AI services. The platform integrates with enterprise cloud providers and SaaS tools to map AI spend to business outcomes for engineering, finance, and IT teams.
VendrVendr 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.
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.
TipaltiTipalti is an AI-powered finance automation platform that automates accounts payable, mass payments, procurement, and employee expenses for growing companies. The platform serves businesses seeking to streamline financial operations and reduce manual finance tasks.
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.
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.

Companies working in the same space as Vertice.

In the news

Vertice raises $50 million Series C to simplify procurementfinance.yahoo.com · Jan 2025Vertice bags $50M for its AI-powered SaaS spend platform | TechCrunchtechcrunch.com · Jan 2025Vertice raises €47.9 million to advance its spend optimisation platform and open new offices | EU-Startupseu-startups.com · Jan 2025Vertice raises $25M for AI-based tools to help companies tackle software spend | TechCrunchtechcrunch.com · Jan 2024Vertice Raises $25M in Series B Fundingfinsmes.com · Jan 2024

Frequently asked questions

What does Vertice do?
Vertice provides an intelligent procurement platform that uses predictive analytics to anticipate supplier risks, capacity constraints, and price changes, helping finance and procurement teams reduce costs and accelerate decision-making.
Who are Vertice's investors?
Vertice's investors include 83North, Bessemer Venture Partners, Celonis, Common Fund, General Catalyst, Lakestar, Team8.
How much funding has Vertice raised?
Vertice has disclosed $25M raised across 1 of its 2 known rounds.
Where is Vertice headquartered?
Vertice is headquartered in Johannesburg, ZA.