Vertice, a London-based startup focusing on AI-powered SaaS spend management, has raised $50 million in Series C funding, bringing its total raised to around $100 million. The company aims to streamline software procurement processes for businesses by utilizing AI to analyze cloud and software expenditures. Vertice has grown rapidly, serving clients like ASML, Santander, and Euronext. The platform helps companies cut purchasing cycles in half and achieve 20-30% savings by automating contract analysis and benchmarking. The new funding will fuel its expansion across Europe, the U.S., and Asia Pacific.
Vertice Bags $50M for its AI-Powered SaaS Spend Platform
