Vector97

Los Angeles, United States Founded: 1997 • Age: 29 yrs
Provider of an invoice management platform for businesses

About Vector97

Vector97 is a Technology company based in Los Angeles (United States) founded in 1997. The company has 109 employees. Its Indian entity Vector97 Software And Service Private Limited reported revenue of β‚Ή20.37 Cr. Vector97 offers products and services including Waste Management Billing Software, Waste Invoice Auditing, Waste Pricing Optimization, and Zero Waste Consulting. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Procure to Pay. Its competitors include Bill.com, AvidXchange and Zip; 3 of its 3 listed competitors have raised funding.

Company details

Provider of an invoice management platform for businesses. It offers solutions such as organizing and visualizing invoicing data, optimising costs, invoice auditing, and more.

Key Metrics
  • Indian entity revenue
    ₹20.37 Cr

    FY 2024 · -36% YoY

  • Indian entity net profit
    ₹2.02 Cr

    FY 2024 · 10% margin

  • Indian entity EBITDA
    ₹2.89 Cr

    FY 2024 · 14% margin

  • Investors
  • Employee Count
    109

Products & Services of Vector97

Vector97 offers a comprehensive portfolio of products and services, including Waste Management Billing Software, Waste Invoice Auditing, Waste Pricing Optimization, and Zero Waste Consulting.

Waste Management Billing Software
Software

Tool for auditing and managing waste invoices efficiently.

Waste Invoice Auditing
Auditing Service

Service to identify and correct errors in waste billing.

Waste Pricing Optimization
Consulting

Consulting to lower waste management fees across locations.

Zero Waste Consulting
Sustainability Service

Advisory for achieving net-zero goals through data insights.

Funding Insights of Vector97

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Vector97 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2022Unspecified––
Valuation history

1 investors in total: 1 institutional.

Investors in Vector97

Vector97 has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SIB Fixed Cost Reduction.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Fixed costs are reduced via bill analysis and vendor negotiations.
2008aboutsib.comCharleston, United States
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Investor details for Vector97

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Board of directors of Vector97 Software And Service Private Limited (Vector97)

Vector97 Software And Service Private Limited is the primary company behind Vector97. The board of Vector97 Software And Service Private Limited currently have 3 directors; the longest-serving is Pramod Venkatrao Vedurumudi, appointed in 2021. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Pramod Venkatrao Vedurumudi
DIN 09158371
Director27 Apr 20215 yrs 6 moVector97 Software And Service Private Limited
Shannon Lee Copeland
DIN 11221076
Director31 Jul 20251 yr 2 moVector97 Software And Service Private Limited
Gaurav Koundil
DIN 11575356
Additional Director26 Feb 20268 moVector97 Software And Service Private Limited

People of Vector97

24 people are tracked at Vector97 (12 in leadership, 12 in team); the tracked headcount is 109.

NameRoleGroup
Mike Nowell
Vice-president At Vector97 (an SIB Company)Leadership
Dale Cobb
Director Of Customer ServiceLeadership
Barb Reese
Executive Vice President OperationsLeadership
Jason M. Uehlinger
Vice President Director Level Business Development Healthcare SectorLeadership
Cynthia Noboa
Director Of OperationsLeadership
Brenda Scott
Director Of FinanceLeadership
Shelly Binnette
CEOLeadership
Alyssa Hockaday
Vice President Of Business DevelopmentLeadership
Steve Sims
Vice President, Partner SolutionsLeadership
Ryan Stover
Vice PresidentLeadership
Brian Roosth
Vice PresidentLeadership
Sarah Dixon
Vice President Of Business DevelopmentLeadership
Heather Fohl
Office ManagerTeam
Cyndie Wessel
Manager Of Vendor Management And Transition DepartmentTeam
Reddymalla Srinivas
Associate AnalystTeam
Ghazi Mir Ishaq Ali
Senior Process AssociateTeam
Lillee M. Hill
Account ExecutiveTeam
Anirudh Hosur
Team LeadTeam
Lisa Vilo
Business Development ExecutiveTeam
Melody Nelson
Accounting ManagerTeam

4 more people are available in the full profile.

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Complete people profiles for Vector97

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Financials of Vector97

Figures of Vector97 Software And Service Private Limited, the primary company behind Vector97, for FY 2024. Revenue was ₹20.37 Cr (-36% year on year). Net profit was ₹2.02 Cr (10% margin). EBITDA was ₹2.89 Cr (14% margin).

  • ₹20.37 CrRevenue · FY 2024 · -36% YoY
  • ₹2.02 CrNet profit · 10% margin
  • ₹2.89 CrEBITDA · 14% margin
  • ₹10 LakhPaid-up capital
  • 109Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Vector97 Software And Service Private Limited are on its company page.

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Detailed financial statements for Vector97

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Timeline of Vector97

2 dated milestones of Vector97 across 25 years, from founding to its latest funding, stage changes and deals.

  1. Founded Vector97 is founded.
  2. Funding First funding round.

Competitors of Vector97

Vector97 has 3 listed competitors in our database, 3 of them funded. They include Bill.com, AvidXchange and Zip.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bill.com2006Palo Alto, United States$325.6M1,384
Cloud-based accounts payable and receivable software for businesses
avidxchange.com2000Charlotte, United States$1.18B1,714
Accounts payable and payment automation solutions are offered for businesses.
ziphq.com2020San Francisco, United States$358.15M218
Cloud-based purchase approval management software is provided for businesses.
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Detailed competitors of Vector97

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Verified entity values are shown only after access is granted.

Top companies in Finance & Accounting Applications

3 companies that operate in the same segment as Vector97 (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B3,108
Corporate travel and expense management are facilitated through SaaS platform.
2015Palo Alto, California, United StatesUSD 1.58 BUSD 3.52 M847
Financial and accounting software is developed for businesses and individuals.
1983Mountain View, California, United StatesUSD 49.62 MUSD 21.45 B18,200
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Related news about Vector97

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Frequently Asked Questions about Vector97

Vector97 was founded in 1997 and raised its 1st funding round 25 years after it was founded.

Vector97 is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Vector97 has 109 employees.

The primary company behind Vector97, Vector97 Software And Service Private Limited, reported revenue of β‚Ή20.37 Cr for FY 2024, down 36% year on year.

Provider of an invoice management platform for businesses. It offers solutions such as organizing and visualizing invoicing data, optimising costs, invoice auditing, and more.

Vector97's top competitors include Bill.com, AvidXchange and Zip.

Vector97 offers Waste Management Billing Software, Waste Invoice Auditing, Waste Pricing Optimization, and Zero Waste Consulting.

Vector97 has 1 investor. Key investors include SIB Fixed Cost Reduction.

Vector97 operates through Vector97 Software And Service Private Limited.

The legal entities of Vector97 currently have 3 directors, including Pramod Venkatrao Vedurumudi, Shannon Lee Copeland, Gaurav Koundil.

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