About VendorPM
VendorPM is a company based in Toronto (Canada) founded in 2019 by Dylan Sher and Emiel Bril.. VendorPM has raised $26.03 million across 3 funding rounds from investors including Bessemer Venture Partners, Colliers and RXR. VendorPM offers products and services including Vendor Credentialing, Vendor Procurement, and Contract Management. VendorPM operates in a competitive market with competitors including SMS Assist, Happy, Latchel, Mezo and Lessen, among others.
- Headquarter Toronto, Canada
- Founders Dylan Sher, Emiel Bril
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Sectors
Energy & UtilitiesReal Estate & Construction
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$26.03 M (USD)
in 3 rounds
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Latest Funding Round
$20 M (USD), Series A
Aug 23, 2022
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Investors
Bessemer Venture Partners
& 8 more
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Employee Count
Employee Count
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Products & Services of VendorPM
VendorPM offers a comprehensive portfolio of products and services, including Vendor Credentialing, Vendor Procurement, 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.
Manages vendor compliance screening and onboarding processes effectively.
Streamlines e-tendering, bid fulfillment, and vendor selection workflows.
Handles contract repository and AI-powered renewals management securely.
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Funding Insights of VendorPM
VendorPM has successfully raised a total of $26.03M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in August 2022. 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 3
- Last Round Series A — $20.0M
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First Round
First Round
(29 Apr 2020)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series A - VendorPM | Valuation | Prudence | |
| Feb, 2022 | Amount | Seed - VendorPM | Valuation | Bessemer Venture Partners |
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| Apr, 2020 | Amount | Seed - VendorPM | Valuation | Accelerator Centre |
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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 VendorPM
VendorPM has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bessemer Venture Partners, Colliers and RXR. 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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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Startups are built and accelerated in a structured studio environment.
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Founded Year | Domain | Location | |
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Early-stage venture investments are made by Prudence in technology sectors.
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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 VendorPM
| 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 - VendorPM
| 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 |
Vendorpm Comparisons
Competitors of VendorPM
VendorPM 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 SMS Assist, Happy, Latchel, Mezo and Lessen, 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 |
SaaS-driven maintenance solutions for commercial spaces are provided.
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| domain | founded_year | HQ Location |
Software for property maintenance, asset management, and leasing is developed.
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| domain | founded_year | HQ Location |
Maintenance management software is provided for property owners and managers.
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| domain | founded_year | HQ Location |
Mezo is recognized for AI-powered property maintenance software.
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| domain | founded_year | HQ Location |
Lessen was founded in 2019 in Valencia, Spain.
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| domain | founded_year | HQ Location |
Sensor solutions for infrastructural risk and damage assessment are developed.
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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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Latest news on Vendorpm
Frequently Asked Questions about VendorPM
When was VendorPM founded?
VendorPM was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is VendorPM located?
VendorPM is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of VendorPM?
Emiel Bril is the current CEO of VendorPM. They have also founded this company.
Is VendorPM a funded company?
VendorPM is a funded company, having raised a total of $26.03M across 3 funding rounds to date. The company's 1st funding round was a Seed of $30K, raised on Apr 29, 2020.
What does VendorPM do?
VendorPM was founded in 2019 in Toronto, Canada, as a SaaS platform focused on vendor management for the home services sector. Vendor quotes are requested, leads are generated, and vendors are searched and reviewed through the system. Insights are produced to aid decision-making. Services and contracts are procured and managed via the platform, supporting homeowners in handling bids and procurement processes.
Who are the top competitors of VendorPM?
VendorPM's top competitors include Happy, SMS Assist and Mezo.
What products or services does VendorPM offer?
VendorPM offers Vendor Credentialing, Vendor Procurement, and Contract Management.
Who are VendorPM's investors?
VendorPM has 9 investors. Key investors include Bessemer Venture Partners, Colliers, RXR, Accelerator Centre, and Prudence.