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
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$125 K (USD)
in 1 rounds
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Latest Funding Round
$125 K (USD), Seed
Jun 01, 2021
- Investors
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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
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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 Funding
- Total Rounds 1
- Last Round Seed — $125,000
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First Round
First Round
(01 Jun 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Seed - Expent | Valuation | Y Combinator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Expent
Expent has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Expent
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Expent
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Expent Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI platform for technology scouting and corporate venturing is offered.
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| domain | founded_year | HQ Location |
An AI platform is provided for supplier and market intelligence.
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| domain | founded_year | HQ Location |
Insights on emerging technologies are provided through a scouting platform.
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| domain | founded_year | HQ Location |
Competitive intelligence is delivered through machine learning for innovation tracking.
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| domain | founded_year | HQ Location |
Platform offering patent analytics solution
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Expent
When was Expent founded?
Expent was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Expent located?
Expent is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Is Expent a funded company?
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.
How many employees does Expent have?
As of Dec 31, 2022, the latest employee count at Expent is 4.
What does Expent do?
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.
Who are the top competitors of Expent?
Expent's top competitors include Wellspring, Lux Research and 27PILOTS.
What products or services does Expent offer?
Expent offers Vendor Management Platform, Risk Assessment, Contract Management, Performance Management, and Sourcing.
Who are Expent's investors?
Expent has 1 investor. Key investors include Y Combinator.