Expent

Fremont, United States Founded: 2020 • Age: 6 yrs
Provider of procurement software
Annual revenue - Latest available
Total funding $125,000 1 rounds
Employees 4 Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About Expent

Expent is a company based in Fremont (United States) founded in 2020. Expent has raised $125 thousand across 1 funding round from investors including Y Combinator. The company has 4 employees as of December 31, 2022. Expent offers products and services including Vendor Management Platform, Risk Assessment, Contract Management, Performance Management, and Sourcing. Expent operates in a competitive market with competitors including Wellspring, Forestreet, Lux Research, Linknovate and Similari, among others.

  • Headquarter Fremont, United States
  • Employees 4 as on 31 Dec, 2022
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $125 K (USD)

    in 1 rounds

  • Latest Funding Round
    $125 K (USD), Seed

    Jun 01, 2021

  • Investors
  • Employee Count
    4

    as on Dec 31, 2022

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Products & Services of Expent

Expent offers a comprehensive portfolio of products and services, including Vendor Management Platform, Risk Assessment, Contract Management, Performance Management, and Sourcing.

Primary

Centralizes vendor lifecycle management from sourcing to renewal

Assesses and tracks vendor security posture using AI

Manages vendor contracts and invoices efficiently

Tracks vendor performance via dashboards and surveys

Streamlines vendor selection and onboarding processes

People of Expent

Headcount 1-10
Employee Profiles 9
Employee Profiles
People
Raj Kumar Panda
Frontend Engineer
People
Lokesh Kumawat
Head Of Engineering
People
Humair Raj K.
Founding Engineer, AI And Backend
People
Brian Ramirez
Director of Business Development

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Funding Insights of Expent

Expent has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $125,000
  • First Round

    (01 Jun 2021)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2021 Amount Seed - Expent Valuation Y Combinator

Investors in Expent

Expent has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
Founded Year Domain Location

Investments & Acquisitions by Expent

Investments

Financial Statements - Expent

Expent Comparisons

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Competitors of Expent

Expent operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wellspring, Forestreet, Lux Research, Linknovate and Similari, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI platform for technology scouting and corporate venturing is offered.
domain founded_year HQ Location
An AI platform is provided for supplier and market intelligence.
domain founded_year HQ Location
Insights on emerging technologies are provided through a scouting platform.
domain founded_year HQ Location
Competitive intelligence is delivered through machine learning for innovation tracking.
domain founded_year HQ Location
Platform offering patent analytics solution

Latest news on Expent

Frequently Asked Questions about Expent

Expent was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Expent is headquartered in Fremont, United States. It is registered at Fremont, California, United States.

Expent is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2021.

As of Dec 31, 2022, the latest employee count at Expent is 4.

Provider of procurement software. The solution provides features like discovering time-consuming RFPRFI processes, collaborating stakeholders with sellers, response evaluation, analytics visibility solutions, vendor approvals, and many more.

Expent's top competitors include Wellspring, Lux Research and 27PILOTS.

Expent offers Vendor Management Platform, Risk Assessment, Contract Management, Performance Management, and Sourcing.

Expent has 1 investor. Key investors include Y Combinator.

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