About Vndly
Vndly is a company based in Cincinnati (United States) founded in 2017 by Narayan Surabhi was acquired by Workday in November 2021.. Vndly has raised $57.5 million across 4 funding rounds from investors including ServiceNow, Workday and Okta. Vndly operates in a competitive market with competitors including Fieldglass, Field Nation, Magnit, OneSpace and MBO Partners, among others.
- Headquarter Cincinnati, United States
- Founders Narayan Surabhi
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Sectors
Technology
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$57.5 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
ServiceNow
& 10 more
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Employee Count
Employee Count
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Acquired by
Workday
(Nov 18, 2021)
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Software Development Team
275 people
Leadership Team
250 people
Sales and Marketing
196 people
Finance and Accounting
67 people
Senior Team
61 people
Principal Team
47 people
Product Management Team
46 people
Human Resources and Administration
38 people
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Funding Insights of Vndly
Vndly has successfully raised a total of $57.5M across 4 strategic funding rounds. 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 4
- Last Round Last Round
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First Round
First Round
(19 May 2017)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Series B - Vndly | Valuation | Okta |
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| May, 2020 | Amount | Series B - Vndly | Valuation | Insight Partners , Madrona Venture Group | |
| Feb, 2019 | Amount | Series A - Vndly | Valuation | Battery Ventures , Hyde Park Venture Partners |
| 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 Vndly
Vndly has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include ServiceNow, Workday and Okta. 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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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Investments in technology companies are conducted globally by Battery Ventures.
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Founded Year | Domain | Location | |
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Early-stage venture capital is invested in Midwest technology startups.
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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 Vndly
| 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 - Vndly
| 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 |
Vndly Comparisons
Competitors of Vndly
Vndly 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 Fieldglass, Field Nation, Magnit, OneSpace and MBO Partners, 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 |
Cloud-based solutions for workforce and vendor management are provided.
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| domain | founded_year | HQ Location |
On-demand workforce is sourced and managed through an online platform.
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| domain | founded_year | HQ Location |
Cloud-based vendor management for contingent workforce is provided.
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| domain | founded_year | HQ Location |
Online vendor management system
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| domain | founded_year | HQ Location |
Independent workers and organizations are connected via technology platforms.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Vndly
Frequently Asked Questions about Vndly
When was Vndly founded?
Vndly was founded in 2017.
Where is Vndly located?
Vndly is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
Is Vndly a funded company?
Vndly is a funded company, having raised a total of $57.5M across 4 funding rounds to date. The company's 1st funding round was a Series A of $11M, raised on May 19, 2017.
What does Vndly do?
Founded in 2017 in Cincinnati, United States, Vndly operates as a cloud-based system in the HR technology sector. Candidates are collated from recruitment agencies and freelance marketplaces, then matched to opportunities using an algorithm that evaluates technical skills and personality traits. Onboarding plans are generated for selected candidates. Vendor management includes onboarding, performance benchmarking, ratings, timekeeping, renewals, invoicing, and payments, with statement of work tracking under development.
Who are the top competitors of Vndly?
Vndly's top competitors include Magnit, MBO Partners and Field Nation.
Who are Vndly's investors?
Vndly has 11 investors. Key investors include ServiceNow, Workday, Okta, Insight Partners, and Battery Ventures.
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