UK AI procurement platform Vertice, today announced its acquisition of US software pricing platform Vendr.
By uniting agentic workflows, AI-powered insights, and expert buying talent, Vertice enables finance and procurement teams in 100+ countries to operate with precision, speed, and impact. Its platform is used to review, analyse and negotiate purchases with greater confidence.
Vertice processes over $75 billion in spend, with a proven track record of delivering 20 per cent+ savings and accelerating procurement cycles by 2x. Vendr provides procurement and finance teams with trusted benchmarks and market insights, while also helping streamline negotiations and drive more informed software purchasing decisions.
The deal creates a large procurement intelligence dataset, as Vertice will integrate Vendr’s software insights with its own. The combined data represents more than $75+ billion in global indirect spend across 32,000 vendors, including real-world pricing and human-to-human interactions from 250,000 negotiated contracts, ranging from software to services.
Customers, including ARM, Brex, Duolingo, Twilio, and Santander, will be able to access the data directly within the Vertice platform. Insights will be surfaced at the point of decision to help finance and procurement teams evaluate vendors, manage renewals, and plan negotiations.
