What is Vertice?
Vertice operates as an intelligent procurement platform designed specifically for the complexities of mid-market and enterprise-level organizations. The company provides a unified solution that integrates expert human oversight with advanced AI to streamline procurement workflows. By reducing cycle times by 50% and delivering average savings of 20%, Vertice has established itself as a mission-critical tool for global market leaders such as ARM, Santander, and Blackberry. Recognized as a fastest-growing scale-up, the firm maintains a robust international presence with hubs across Europe, Australia, and Africa, positioning itself at the forefront of the digital procurement transformation.
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 Ronni Zehavi, Omri Dahan, 83North, Juan Lobato, Tom Ryan, and Bessemer Venture Partners
Series B (2024): $25M led by 83North and Bessemer Venture Partners
Series C (2025): $50M supported by Lakestar, CF Private Equity, 83North, and Bessemer Venture Partners
Key Investors in Vertice
83North
A global venture capital firm managing over $2.2 billion, 83North focuses on supporting category-leading companies through all stages of growth with a proven track record of 14 unicorns.
Bessemer Venture Partners
A historic venture capital firm established in 1911, Bessemer provides deep expertise and a global network to help scale innovative technology companies from its multiple international offices.
Lakestar
A venture capital firm dedicated to partnering with visionary tech entrepreneurs, Lakestar focuses on sectors like Deep Tech and Fintech, leveraging its strong European ecosystem presence.
What's next for Vertice?
With this latest infusion of capital, Vertice is well-positioned to accelerate its global expansion and further enhance its agentic AI capabilities. The company's strategic roadmap focuses on deepening its vendor intelligence database and scaling its expert buyer network to meet the growing demand for automated procurement solutions. As enterprises continue to prioritize cost optimization and operational agility, Vertice is poised to capture additional market share, solidifying its role as the preferred procurement partner for organizations navigating complex global supply chains and vendor ecosystems.
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