What is Vertice?
Vertice operates as an intelligent procurement platform designed for mid-market and enterprise organizations. It unifies the entire intake-to-procure lifecycle by leveraging agentic AI, expert buyers, and deep vendor intelligence. This comprehensive approach enables companies to achieve an average saving of over 20% on procurement spend while reducing cycle times by approximately 50%. Vertice is recognized as a preferred solution by market leaders such as ARM, Santander, Blackberry, Factorial, and Le Figaro. Headquartered in London and identified as the Financial Times' fastest-growing scale-up in 2025, Vertice maintains global operations with hubs in New York, Sydney, Brno, and Johannesburg.
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 Bessemer Venture Partners, Omri Dahan, Tom Ryan, Juan Lobato, 83North, and Ronni Zehavi
Series B (2024): $25M led by 83North and Bessemer Venture Partners
Series C (2025): $50M supported by Bessemer Venture Partners, Lakestar, 83North, and CF Private Equity
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. 83North focuses on supporting innovative startups across various sectors, helping them scale and succeed in the global market. Their investment philosophy emphasizes collaboration and a unique approach to fostering growth.
Bessemer Venture Partners
Bessemer Venture Partners (Bessemer) is a venture capital firm. The firm has offices in San Francisco, Redwood City, New York City, Boston, Israel, and India. It was established in 1911 as Bessemer Securities. It's headquarters is at Menlo Park, California, US.
Lakestar
Lakestar is a venture capital firm dedicated to partnering with visionary tech entrepreneurs to fund innovative ideas and companies that shape modern life. They focus on sectors such as Deep Tech, Healthcare, Fintech, and Digitalisation, investing with a long-term perspective from Seed to Growth stages. Lakestar is embedded in the European technology ecosystem, leveraging their extensive connections and expertise to support ambitious founders. Their portfolio includes notable companies like Auterion, Blockchain.com, and Revolut.
What's next for Vertice?
With its latest major strategic investment, Vertice is poised for accelerated growth and further innovation in the procurement technology space. The substantial capital infusion, totaling $101M, will likely fuel expansion into new markets, enhance its AI capabilities, and broaden its service offerings. This funding round, following previous significant investments, signals a strong market validation and positions Vertice to solidify its leadership in intelligent procurement solutions. The company's focus on delivering tangible savings and efficiency gains for its clients suggests a continued emphasis on product development and customer success as it scales its global operations.
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