About Expent
Expent is a Technology 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. Expent offers products and services including Vendor Management Platform, Risk Assessment, Contract Management, Performance Management, and Sourcing. Its focus areas include Enterprise Applications, Data as a Service and Scouting Platforms. Its competitors include Wellspring, Lux Research and Linknovate; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Fremont, United States
- Employees 4
- SectorsTechnology
- Email••••••••
- Website expent.ai
- Total Equity Funding$125K (USD)
in 1 rounds
- Latest Funding Round$125K (USD), Seed
Jun 2021
- Investors
- Employee Count4
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.
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
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 $125,000
- Total Rounds 1
- Last Round Seed — $125,000
- First Round $125,000
(Jun 2021)
- Investors Count 1
All 1 funding rounds of Expent with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2021 | $125,000 | Seed | – | Y Combinator | – |
1 investors in total: 1 institutional.
Investors in Expent
Expent has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States |
Investor details for Expent
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Expent
9 people are tracked at Expent (4 in leadership, 5 in team); the tracked headcount is 4.
| Name | Role | Group |
|---|---|---|
Harikrishna N. | Co-Founder | Leadership |
Lokesh Kumawat | Head Of Engineering | Leadership |
Molly Louthan | Chief Revenue Officer (CRO) | Leadership |
Brian Ramirez | Director of Business Development | Leadership |
Raj Kumar Panda | Frontend Engineer | Team |
Humair Raj K. | Founding Engineer, AI And Backend | Team |
Aylin Ruiz | Business Development Representative | Team |
Danielle Bates | Business Development Representative | Team |
Helen Jones | Sales Development Representative | Team |
Complete people profiles for Expent
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Expent
2 dated milestones of Expent across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Expent is founded.
- Funding First funding round of $125K.
Competitors of Expent
Expent has 3 listed competitors in our database, 2 of them funded. They include Wellspring, Lux Research and Linknovate.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wellspring.com | 2003 | Chicago, United States | $14.66M | 53 | AI platform for technology scouting and corporate venturing is offered. | |
| luxresearchinc.com | 2004 | Boston, United States | 55 | Insights on emerging technologies are provided through a scouting platform. | ||
| linknovate.com | 2012 | Palo Alto, United States | $188,654 | Competitive intelligence is delivered through machine learning for innovation tracking. |
Detailed competitors of Expent
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Expent
The website of Expent (expent.ai) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 49.7% vs previous month
Top companies in Data as a Service
3 companies that operate in the same segment as Expent (Data as a Service) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
Contact databases and sales intelligence are supplied to businesses. | 2000 | Vancouver, Washington, United States | USD 32 M | USD 1.25 B | 3,510 | |
Cloud-based satellite imagery data and analytics solutions are provided. | 2010 | San Francisco, California, United States | USD 601.59 M | USD 307.73 M | 1,749 |
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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 2021.
Expent has 4 employees.
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 Linknovate.
Expent offers Vendor Management Platform, Risk Assessment, Contract Management, Performance Management, and Sourcing.
Expent has 1 investor. Key investors include Y Combinator.