About VerticalNet
VerticalNet is a company based in Malvern (United States) founded in 1996 was acquired by BravoSolution in October 2007.. VerticalNet has completed 2 acquisitions, including B2eMarkets and Tradeum. VerticalNet operates in a competitive market with competitors including Globality, Scoutbee, Fairmarkit, Scout RFP and supplier.io, among others.
- Headquarter Malvern, United States
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Verticalnet, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$6.1 M (USD), Post-IPO
Nov 24, 2004
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
B2eMarkets
& 1 more
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Acquired by
BravoSolution
(Oct 26, 2007)
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Funding Insights of VerticalNet
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $6.1M
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First Round
First Round
(31 Jul 2002)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2004 | Amount | Post-IPO - VerticalNet | Valuation |
investors |
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| Oct, 2003 | Amount | Post-IPO - VerticalNet | Valuation |
investors |
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| Jul, 2002 | Amount | Post-IPO - VerticalNet | Valuation |
investors |
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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 VerticalNet
VerticalNet has secured backing from 1 investor. Prominent investors backing the company include BravoSolution. 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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Software solutions and consulting for supply chain management are offered.
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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 VerticalNet
VerticalNet has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include B2eMarkets and Tradeum. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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eSourcing software suite
|
1999 | ||||
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Medical equipment, medicines, and supplements are distributed in Kuwait.
|
1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - VerticalNet
| 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 |
Verticalnet Comparisons
Competitors of VerticalNet
VerticalNet 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 Globality, Scoutbee, Fairmarkit, Scout RFP and supplier.io, 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 |
An AI-based platform for global sourcing and outsourcing is offered.
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| domain | founded_year | HQ Location |
Multi-category products are listed on an AI-driven B2B platform.
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| domain | founded_year | HQ Location |
Cloud-based tail spend management is delivered for business procurement.
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| domain | founded_year | HQ Location |
Cloud-based platform for automating RFPs and supplier bidding is offered.
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| domain | founded_year | HQ Location |
Web-based supply chain sourcing solutions are provided to businesses.
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| domain | founded_year | HQ Location |
SaaS-enabled solutions for e-commerce operations management are provided.
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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 VerticalNet
When was VerticalNet founded?
VerticalNet was founded in 1996 and raised its 1st funding round 6 years after it was founded.
Where is VerticalNet located?
VerticalNet is headquartered in Malvern, United States. It is registered at Malvern, Pennsylvania, United States.
What does VerticalNet do?
VerticalNet is SaaS solutions provider for strategic sourcing and supply chain management solutions. It acquired B2eMarkets Inc., a provider of strategic sourcing software solutions. Combined entity provided VerticaNets spend analysis and advanced sourcing solutions with B2eMarkets eSourcing suite including strategy formulation, negotiation management, contract management and compliance, and performance management software. Also acquired Digital Union, one of the largest independent sourcing software providers in the UK in 2005.
Who are the top competitors of VerticalNet?
VerticalNet's top competitors include Globality, Fairmarkit and Scoutbee.
How many acquisitions has VerticalNet made?
VerticalNet has made 2 acquisitions, including B2eMarkets, and Tradeum.
Who are VerticalNet's investors?
VerticalNet has 1 investor. Key investors include BravoSolution.
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