Vendr is joining Vertice

When I started Vendr, the problem was obvious: a procurement team sits down to negotiate a $500K software deal and the vendor on the other side of the table knows exactly what every comparable company paid. The buyer is guessing.

That information gap costs companies real money, every year, across thousands of renewals and new purchases they don't even have time to look at.

So we built the data. Billions in verified spend. Hundreds of thousands of real contracts. What people actually paid - not list price, not analyst estimates. And we built AI on top of it to put that intelligence to work autonomously, negotiating on behalf of buyers who simply don't have the bandwidth to fight every deal themselves.

We closed the gap. But we always knew the bigger opportunity was getting that intelligence into the workflow, plugged straight into procurement's day to day operations.

That's why I'm excited to announce that Vendr is joining Vertice.

Vertice has built what I'd describe as the operational layer for modern procurement: agentic intake, workflow automation, vendor risk, contract intelligence. The platform where decisions are made.

And now those decisions will be supported by the largest procurement intelligence dataset in the world: $75B+ in spend, 2M+ price points, 250,000 contracts across 32,000 vendors.

That scale matters because of what can be done with it. It will immediately be put to work, training Vertice's 60+ AI agents. Customers will be able to generate insights directly from it. And it will inform the combined, and now global team of Vendr and Vertice procurement experts to improve negotiation outcomes.

For Vendr customers: I am excited by - and proud of - what this means for you. Instantly, you gain access to a significantly larger dataset and a bigger team of expert procurement specialists. You'll also be able to take advantage of Vertice's AI procurement platform: intelligent intake, workflow automation, third-party risk management, contract intelligence, 60+ AI agents, and over 100 integrations.

I've spent a great deal of time with the people at Vertice and I'm absolutely convinced this is the right home for our customers, and for the incredible Vendr team. Both our companies' missions have always been the same. Now, the ambition and capability is bigger and better.

For the market: This is what AI procurement should look like. Real data grounded in real experience, purpose-built agents, and the operational infrastructure to actually execute.

We built something meaningful at Vendr. With Vertice, we will help create the future of procurement.