About Vertice
Vertice is a company based in New York (United States) founded in 2021 by Roy Tuvey and Eldar Tuvey. Vertice has raised $101.06 million across 3 funding rounds from investors including Bessemer Venture Partners, Lakestar and Perpetual Investment. Vertice has completed 1 acquisition, including Vendr. Vertice offers products and services including SaaS Purchasing, Cloud Cost Optimization, Intelligent Workflows, and Spend Optimization Platform. Vertice operates in a competitive market with competitors including Coupa, Sage Group, Tipalti, Emburse and Airbase, among others.
- Headquarter New York, United States
- Founders Roy Tuvey, Eldar Tuvey
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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 Vertice Technology 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
$101.06 M (USD)
in 3 rounds
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Latest Funding Round
$50 M (USD), Series C
Jan 22, 2025
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Investors
Bessemer Venture Partners
& 11 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of Vertice
Vertice offers a comprehensive portfolio of products and services, including SaaS Purchasing, Cloud Cost Optimization, Intelligent Workflows, and Spend Optimization Platform.
Manages SaaS contracts and negotiations for cost efficiency.
Optimizes cloud expenses with automated tests and recommendations.
Automates procurement approvals and workflows for streamlined operations.
Provides visibility and insights for overall spend management.
People of Vertice
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Funding Insights of Vertice
Vertice has successfully raised a total of $101.06M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $50 million completed in January 2025. 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 Vertice
Vertice has secured backing from 12 investors, including venture fund and angel investors. Prominent investors backing the company include Bessemer Venture Partners, Lakestar and Perpetual Investment.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investment firm
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Venture capital firm focused on consumer internet, marketplaces, software, and multiple sectors
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CF Private Equity is focused on private investment solutions for sophisticated investors.
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Locked | Locked | Locked |
Investor details for Vertice
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Investments & Acquisitions by Vertice
Vertice has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vendr.
Investment portfolio details for Vertice
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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SaaS management platform is provided for procurement and IT teams.
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Complete acquisition details for Vertice
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Financial Statements - Vertice
Detailed financials for Vertice
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Vertice Comparisons
Peer comparison for Vertice
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Competitors of Vertice
Vertice 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 Coupa, Sage Group, Tipalti, Emburse and Airbase, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based end-to-end spend management software is delivered for businesses.
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Cloud-based accounting and payroll solutions for small and medium businesses
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Cloud-based procurement and invoice management solutions are offered to businesses.
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Corporate cards and expense management are offered to businesses.
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Procure-to-pay management software is offered for business operations.
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Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
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Detailed competitors of Vertice
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Verified entity values are shown only after access is granted.
Latest news on Vertice
Complete news archive for Vertice
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Frequently Asked Questions about Vertice
Vertice was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Vertice is headquartered in New York, United States. It is registered at New York, New York, United States.
Roy Tuvey is the current CEO of Vertice. They have also founded this company.
Vertice is a funded company, having raised a total of $101.06M across 3 funding rounds to date.
Vertice was founded in 2021 and is headquartered in New York, United States. Cloud-based platforms for procurement and spend management are offered to support business operations. Key services encompass budget management, transaction tracking, IT and security oversight, workflow automation, and market analytics. These tools are designed to streamline procurement processes and enhance spending visibility across various industries.
Vertice's top competitors include Coupa, Sage Group and Airbase.
Vertice offers SaaS Purchasing, Cloud Cost Optimization, Intelligent Workflows, and Spend Optimization Platform.
Vertice has made 1 acquisition, including Vendr.
Vertice has 12 investors. Key investors include Bessemer Venture Partners, Lakestar, Perpetual Investment, CF Private Equity, and 83NORTH.