About PurchasingNet
PurchasingNet is a company based in Red Bank (United States) founded in 2008 was acquired by Versata in December 2009. PurchasingNet offers products and services including StreetSmart AI and Eloquens AI. PurchasingNet operates in a competitive market with competitors including Bill.com, Razorpay, Zaggle, KonfÃo and AvidXchange, among others.
- Headquarter Red Bank, United States
- SectorsTechnology
- Website purchasingnet.com
- Social LinkedIn X
- Acquired by Versata (Dec 2009)
- Legal Name Purchasingnet, Inc
Products & Services of PurchasingNet
PurchasingNet offers a comprehensive portfolio of products and services, including StreetSmart AI and Eloquens AI.
AI platform for optimizing field operations and workforce efficiency.
Tool for enhancing human-AI collaboration in corporate interactions.
Investors in PurchasingNet
PurchasingNet has secured backing from 1 investor. Prominent investors backing the company include Versata.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Enterprise software solutions provider | 1989 | versata.com | Austin, United States |
Investor details for PurchasingNet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Timeline of PurchasingNet
2 dated milestones of PurchasingNet across 1 years, from founding to its latest funding, stage changes and deals.
- Founded PurchasingNet is founded.
- Exit Acquired by Versata.
Competitors of PurchasingNet
PurchasingNet 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 Bill.com, Razorpay, Zaggle, KonfÃo and AvidXchange, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bill.com | 2006 | Palo Alto, United States | $325.6M | 1,384 | Cloud-based accounts payable and receivable software for businesses | |
| razorpay.com | 2014 | Bengaluru, India | $742M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| zaggle.in | 2011 | Hyderabad, India | $13.75M | 440 | Business spends, payments, and rewards are streamlined by automated workflows. | |
| konfio.mx | 2014 | Miguel Hidalgo, Mexico | $378M | – | Financial solutions platform provider | |
| avidxchange.com | 2000 | Charlotte, United States | $1.18B | 1,714 | Accounts payable and payment automation solutions are offered for businesses. | |
| ziphq.com | 2020 | San Francisco, United States | $333.28M | 218 | Cloud-based purchase approval management software is provided for businesses. | |
| getnelly.de | 2021 | Berlin, Germany | $71.64M | 46 | Digital administrative tasks and billing management tools for providers | |
| payem.co | 2019 | San Francisco, United States | $40M | 1 | SaaS expense management solutions are delivered for corporate organizations. | |
| stampli.com | 2014 | Mountain View, United States | $145M | 30 | Cloud-based accounts payable automation is delivered for businesses. | |
| levelset.com | 2005 | New Orleans, United States | $48.44M | 138 | Levelset is focused on construction payment and lien rights management. |
Detailed competitors of PurchasingNet
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 PurchasingNet
Websites that share an audience with PurchasingNet (purchasingnet.com).
Websites whose visitors overlap most with PurchasingNet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| verian.com | 100% | 98.6K | #381,681 | View details | |
| waxdigital.com | 100% | – | – | View details | |
| onventis.com | 61% | 62.1K | #471,383 | View details | |
| solistica.com | 61% | 144K | #187,370 | View details |
Similar companies to PurchasingNet
10 companies that operate in the same segment as PurchasingNet (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Frequently Asked Questions about PurchasingNet
PurchasingNet was founded in 2008.
PurchasingNet is headquartered in Red Bank, United States.
PurchasingNet was founded in 2008 and is headquartered in Red Bank, United States. Web-based solutions for eProcurement and ePayables are offered, covering requisitioning, approvals, purchasing, receiving, inventory control, catalog management, and eSourcing. Additional features include invoice processing, matching, early payment discounts, spend analysis, and fixed assets management. Services such as client support, installation, training, customization, and system integration are provided to industries including finance, retail, manufacturing, healthcare, and media.
PurchasingNet offers StreetSmart AI and Eloquens AI.
PurchasingNet has 1 investor. Key investors include Versata.
PurchasingNet operates through Purchasingnet, Inc.
Yes. PurchasingNet was acquired by Versata in December 2009.