.
MergerLinks Header Logo

Announced

Completed

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

Financials

Edit Data
Transaction Value£122m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private Equity

Cross Border

Venture Capital

Acquisition

Minority

Private

United States

SaaS platform

Friendly

Completed

Software

Synopsis

Edit

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

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US