About veenion
veenion is a company based in Kaiserslautern (Germany) founded in 2010. It operates as a B2B. veenion offers products and services including open ordering, impact ordering, Procure to Pay, and Contract Management. veenion operates in a competitive market with competitors including Sage Group, Coupa, Airbase, Bizongo and Procurify, among others.
- Headquarter Kaiserslautern, Germany
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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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Social
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- Legal Name Veenion Gmbh
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Annual Revenue
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Net Profit
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Latest Funding Round
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Products & Services of veenion
veenion offers a comprehensive portfolio of products and services, including open ordering, impact ordering, Procure to Pay, and Contract Management. 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.
Platform for managing and automating business ordering processes
Tool for sustainable and efficient procurement workflows
System for handling procurement from purchase to payment
Software for managing supplier contracts and compliance
Funding Insights of veenion
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by veenion
| 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 - veenion
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Veenion Comparisons
Competitors of veenion
veenion 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 Sage Group, Coupa, Airbase, Bizongo and Procurify, 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 |
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based end-to-end spend management software is delivered for businesses.
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| domain | founded_year | HQ Location |
Procure-to-pay management software is offered for business operations.
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| domain | founded_year | HQ Location |
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
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| domain | founded_year | HQ Location |
SaaS spend management software is used to automate procure-to-pay operations.
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| domain | founded_year | HQ Location |
Procurement management solutions are delivered for business operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 veenion
When was veenion founded?
veenion was founded in 2010.
Where is veenion located?
veenion is headquartered in Kaiserslautern, Germany. It is registered at Kaiserslautern, Rheinland-pfalz, Germany.
What does veenion do?
Veenion GmbH develops E-Procurement software that automates source-to-pay processes, including sourcing, contract management, and invoicing. It connects with ERP systems for efficient procurement, serving over 2,000 clients across 65 countries. Based in Germany, the platform reduces costs by at least 30 percent through intelligent automation and analytics, focusing on sustainability and user-friendly interfaces.
Who are the top competitors of veenion?
veenion's top competitors include Coupa, Sage Group and Airbase.
What products or services does veenion offer?
veenion offers open ordering, impact ordering, Procure to Pay, and Contract Management.