About Vendrix
Vendrix is a company based in Birmingham (United States) founded in 2019 by Joe Turner and David Stewart was acquired by Foundation Software in June 2025. Vendrix has raised $50 thousand across 1 funding round from investors including Foundation Software and Alabama Launchpad. Vendrix offers products and services including Corporate Credit Cards, AP Automation, and Bill Pay. Vendrix operates in a competitive market with competitors including Built, Levelset, Briq, Flashtract and Flex, among others.
- Headquarter Birmingham, United States
- Founders Joe Turner, David Stewart
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Sectors
Real Estate & Construction
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Vendrix, Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$50 K (USD)
in 1 rounds
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Latest Funding Round
$50 K (USD), Seed
May 13, 2021
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Investors
Foundation Software
& 1 more
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Employee Count
Not available
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Acquired by
Foundation Software
(Jun 11, 2025)
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Products & Services of Vendrix
Vendrix offers a comprehensive portfolio of products and services, including Corporate Credit Cards, AP Automation, and Bill Pay.
Manages spending with real-time limits and tracking for businesses
Automates accounts payable workflows to reduce errors and save time
Simplifies bill payments for efficient construction company operations
People of Vendrix
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Funding Insights of Vendrix
Vendrix has successfully raised a total of $50K through 1 strategic funding round. The most recent funding activity was a Seed round of $50 thousand completed in May 2021. 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.
Investors in Vendrix
Vendrix has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Foundation Software and Alabama Launchpad.
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Early-stage seed funding is provided to Alabama-based startups.
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Construction accounting software is offered on-premise and in the cloud.
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Investor details for Vendrix
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Investments & Acquisitions by Vendrix
Investment portfolio details for Vendrix
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Financial Statements - Vendrix
Detailed financials for Vendrix
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Vendrix Comparisons
Peer comparison for Vendrix
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Competitors of Vendrix
Vendrix 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 Built, Levelset, Briq, Flashtract and Flex, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based management of construction loan life cycles is provided.
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Levelset is focused on construction payment and lien rights management.
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Briq is recognized for developing autonomous work platforms.
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Billing automation software is provided for construction industry needs.
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Digital banking services for businesses are offered by Flex.
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Construction accounting software is offered on-premise and in the cloud.
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Detailed competitors of Vendrix
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Latest news on Vendrix
Complete news archive for Vendrix
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Frequently Asked Questions about Vendrix
Vendrix was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Vendrix is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.
Vendrix is a funded company, having raised a total of $50K across 1 funding round to date.
Vendrix was founded in 2019 and is based in Birmingham, United States. SaaS-based software for credit card and expense management is offered to construction companies. Real-time transaction viewing and control are enabled through a spend management tool. Budgets are set, purchase details are tracked, allocations are managed, receipts are stored, and corporate credit cards are issued to support operations in the construction sector.
Vendrix's top competitors include Foundation Software, Built and Levelset.
Vendrix offers Corporate Credit Cards, AP Automation, and Bill Pay.
Vendrix has 2 investors. Key investors include Foundation Software, and Alabama Launchpad.