About Vendorin
Vendorin is a Financial Services company based in Omaha (United States) founded in 2007, and was acquired by Corcentric in February 2021. Electronic B2B payments are facilitated via supplier profiles. Vendorin has raised $6.53 million across 9 funding rounds from investors including Corcentric and Juvo Day to Day. The company has 417 employees. Its focus areas include FinTech, Payments, Business Payments and Online Payments. Its competitors include Stripe, PayPal and Flutterwave; 3 of its 3 listed competitors have raised funding.
Company details
Vendorin was founded in 2007 in Omaha, United States, and operates within the fintech sector focused on B2B payments. Online profiles are created by suppliers to include electronic payment details and remittance preferences, which are then shared with customers. Buyer organizations are equipped to access this network information, allowing a shift from traditional check payments to electronic methods across their supplier relationships.
- Headquarters Omaha, United States
- Employees 417
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Website vendorin.com
- Social LinkedIn X
- Acquired by Corcentric (Feb 2021)
- Total Equity Funding$6.53M (USD)
in 9 rounds
- Latest Funding Round$890K (USD), Series A
Aug 2015
- InvestorsCorcentric
& 1 more
- Employee Count417
- Acquired by
Funding Insights of Vendorin
Vendorin has successfully raised a total of $6.53M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $890 thousand completed in August 2015. 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 $6.53M
- Total Rounds 9
- Last Round Series A — $890,000
- First Round $525,000
(Feb 2008)
All 9 funding rounds of Vendorin 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 |
|---|---|---|---|---|---|
| Aug 2015 | $890,000 | Series A | – | – | – |
| Mar 2015 | $1.11M | Series A | – | – | – |
| Jan 2014 | $2.17M | Series A | – | – | – |
| Jun 2013 | $250,000 | Seed | – | – | – |
| Aug 2012 | $750,000 | Seed | – | – | – |
| Sep 2011 | $205,000 | Seed | – | – | – |
| Feb 2011 | $636,716 | Seed | – | – | – |
| Sep 2008 | $1.15M | Debt – Conventional | – | – | – |
| Feb 2008 | $525,000 | Seed | – | – | – |
2 investors in total: 2 institutional.
Investors in Vendorin
Vendorin has secured backing from 2 investors. Prominent investors backing the company include Corcentric and Juvo Day to Day.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based procurement automation solutions are delivered to businesses worldwide. | 1998 | corcentric.com | Mclean, United States | |
Technology management solutions are provided by Juvo Day to Day. | juvotec.com | Hattiesburg, United States |
Investor details for Vendorin
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- Investor portfolios
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People of Vendorin
19 people are tracked at Vendorin (8 in leadership, 7 in board & advisors, 4 in team); the tracked headcount is 417.
| Name | Role | Group |
|---|---|---|
Douglas W. Clark | Founder, CEO & Chairman | Leadership |
Matt Clark | President & COO | Leadership |
Mark P. Joyce | EVP & Chief Accounting Officer | Leadership |
Manish Jaiswal | Chief Product Officer | Leadership |
Ed Benack | Chief Customer Officer | Leadership |
Chuck Bernicker | CFO | Leadership |
Nancy D. Pearson | Chief Marketing Officer | Leadership |
Buffi Gibbons | Chief Human Resources Officer | Leadership |
Jack Gavin | Director | Board & advisors |
Doug Clark | Chairman | Board & advisors |
Gene Yoon | Director | Board & advisors |
Tom Brown | Director | Board & advisors |
Michael Enright | Director | Board & advisors |
Brian Hogan | Lead Director | Board & advisors |
Jeff Shanahan | Director | Board & advisors |
Sean Regan | SVP, Global Alliances | Team |
Mike Rowbotham | SVP, Strategy & Innovation | Team |
Sophie Hubscher | General Counsel & SVP | Team |
Fritz Smith | CRO | Team |
Complete people profiles for Vendorin
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Vendorin
5 dated milestones of Vendorin across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Vendorin is founded.
- Funding First funding round of $525K.
- Funding Latest funding round, Series A, of $890K.
- Exit Acquired by Juvo.
- Exit Acquired by Corcentric.
Competitors of Vendorin
Vendorin has 3 listed competitors in our database, 3 of them funded. They include Stripe, PayPal and Flutterwave.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stripe.com | 2009 | San Francisco, United States | $9.81B | 5,904 | Payment processing and card issuance solutions are provided for businesses. | |
| paypal.com | 1998 | San Jose, United States | $216M | 27,200 | Online payment solutions are offered to consumers and businesses. | |
| flutterwave.com | 2016 | San Francisco, United States | $489.41M | Provider of payment processing solutions for businesses |
Detailed competitors of Vendorin
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- Full competitor set
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Vendorin (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Vendorin
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Frequently Asked Questions about Vendorin
Vendorin was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Vendorin is headquartered in Omaha, United States. It is registered at Omaha, Nebraska, United States.
Vendorin is a funded company, having raised a total of $6.53M across 9 funding rounds to date. The company's 1st funding round was a Seed of $525K, raised on Feb 2008.
Vendorin has 417 employees.
Vendorin was founded in 2007 in Omaha, United States, and operates within the fintech sector focused on B2B payments. Online profiles are created by suppliers to include electronic payment details and remittance preferences, which are then shared with customers. Buyer organizations are equipped to access this network information, allowing a shift from traditional check payments to electronic methods across their supplier relationships.
Vendorin's top competitors include Stripe, Flutterwave and PayPal.
Vendorin has 2 investors. Key investors include Corcentric, and Juvo Day to Day.
Yes. Vendorin was acquired by Corcentric in February 2021.