What is Vertice?
Vertice operates as an intelligent procurement platform specifically engineered for mid-market and enterprise-level organizations. The company addresses the complexities of modern vendor management by unifying the entire procurement lifecycle through a combination of agentic AI, expert human buyers, and comprehensive market intelligence. By enabling organizations to achieve significant cost savings and drastically reduce procurement cycle times, Vertice has become a trusted partner for industry leaders such as ARM, Santander, and Blackberry. Recognized as a fastest-growing scale-up, the firm maintains a robust global footprint with hubs across Europe, Australia, and Africa, effectively bridging the gap between complex enterprise needs and streamlined operational efficiency.
How much funding has Vertice raised?
Vertice has raised a total of $101M across 3 funding rounds:
Series A
$26M
Series B
$25M
Series C
$50M
Series A (2022): $26M with participation from 83North, Juan Lobato, Tom Ryan, Ronni Zehavi, Omri Dahan, and Bessemer Venture Partners
Series B (2024): $25M led by 83North and Bessemer Venture Partners
Series C (2025): $50M supported by 83North, CF Private Equity, Lakestar, and Bessemer Venture Partners
Key Investors in Vertice
83North
83North is a global venture capital firm managing over $2.2 billion, investing in exceptional entrepreneurs at all stages to build category-leading companies. The firm has a diverse portfolio with 90 companies and has achieved 33 exits and 14 unicorns since its inception.
Bessemer Venture Partners
Bessemer Venture Partners is a long-standing venture capital firm with a global footprint, specializing in early-stage and growth-stage investments across diverse technology sectors.
Lakestar
Lakestar is a venture capital firm dedicated to partnering with visionary tech entrepreneurs, focusing on sectors such as Deep Tech, Fintech, and Digitalisation from Seed to Growth stages.
What's next for Vertice?
Following this major strategic investment, Vertice is poised to scale its operations and deepen its technological moat. The company's roadmap likely involves expanding its agentic AI capabilities to further automate complex procurement workflows and increasing its market penetration in key international territories. As the firm continues to scale, the focus will remain on maintaining its reputation for delivering 20%+ average savings for its clients while navigating the evolving demands of global enterprise procurement. With strong institutional support, Vertice is set to solidify its position as the definitive platform for procurement leaders seeking to optimize vendor spend and operational agility.
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