Craft Ventures and SoftBank Vision Fund 2 led a $150m Series B funding round in Vendr.

Craft Ventures, a venture capital firm, and SoftBank Vision Fund 2, a fund with a goal to invest in AI-based technology, led a $150m Series B funding round in Vendr, a developer of a SaaS buying platform, with participation from Sozo Ventures, F-Prime Capital, Sound Ventures, Tiger Global and Y Combinator. "Increasing capital efficiency is a priority, whether you're a startup founder or enterprise CFO. By helping to cut annual SaaS expenses, Vendr is one of the easiest ways a company can save money. As an early investor in Vendr, we've long understood the potential, but in the current economic climate the need for Vendr is stronger than ever," David Sacks, Craft Ventures Co-Founder and General Partner