Vertice Secures $50M Series C Funding

• Vertice has raised $50 million in a Series C round led by Lakestar
• The company has grown 13x since launch, now serving ASML, Euronext, Grant Thornton, and Santander among hundreds of global clients.
• The new funding will enhance Vertice’s AI-powered procurement platform, helping companies optimize software and cloud spending.
• The platform reduces purchasing cycles by 50% and lowers costs by 20-30% through AI-driven automation and insights.
• The company leverages AI to analyze spending patterns, automate procurement processes, and provide benchmark pricing insights.
• The company was founded by RoyDealroom has a profile for this one. Try Dealroom →and Eldar TuveyDealroom has a profile for this one. Try Dealroom →, who previously built and sold ScanSafe ($200M) and Wandera ($400M).

Source: TechCrunch

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