Vendr has raised a total of $216 million across multiple funding rounds, including a $2 million seed round in October 2019, a $4 million seed round in June 2020, a $60 million Series A in March 2021, and a $150 million Series B in May 2022, reaching a $1 billion valuation as of June 2022. Founded in 2018 and headquartered in Boston, Massachusetts, Vendr provides a SaaS platform for software procurement, offering pricing transparency, negotiation insights, and contract management, helping companies optimize software spending while backed by investors like SoftBank Vision Fund, Craft Ventures, and Tiger Global Management.