1
Zip
San Francisco, California, United States
Zip is the world's leading intake-to-procure solution: one place for employees to initiate a purchase or vendor requests.
- Revenue
- $193M
- Year founded
- 2020
- Funding
- $358M
- Team size
- 1K
Top 4 Vendor Management Software Companies $100M+ Revenue (August 2026)
As of August 2026, Latka tracks 4 vendor management software companies with $100M+ in annual revenue. They have combined revenues of $607.5M and employ 2.8K people. They have raised $1.4B and serve 3.2K customers combined.
Every company below sells vendor management software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.
What Vendor Management Software Companies do
Vendor Management Software refers to a category of tools designed to help organizations efficiently manage their relationships with vendors and suppliers. These software solutions facilitate the entire vendor lifecycle, including onboarding, performance monitoring, compliance management, and risk mitigation. By centralizing vendor information, businesses can enhance communication and streamline procurement processes, ultimately leading to improved operational efficiency. Typical features of Vendor Management Software include vendor databases, automated onboarding processes, performance analytics, and contract management capabilities. This software is commonly utilized by procurement teams, finance departments, and operational managers who need to ensure that vendor relationships align with business objectives while minimizing risks associated with third-party engagements. Moreover, Vendor Management Software often supports collaboration across various stakeholder groups, allowing for better tracking of vendor compliance and performance metrics. Organizations can also leverage these tools to mitigate risks inherent to vendor relationships and to adapt to evolving operational landscapes, thereby ensuring that they can respond effectively to challenges and opportunities in their supply chains.
- Companies
- 4
- Revenue
- $607.5M
- Funding
- $1.4B
- Employees
- 2.8K
Filters
Sorting: Highest -> Lowest
Top Vendor Management Software Companies $100M+ Revenue
Showing 4 of 4 companies ranked by annual revenue.
2
Tradeshift
San Francisco, California, United States
Tradeshift is a cloud-based business network and platform for supply chain management, procurement, and invoicing. It was founded in 2009 and is headquartered in San Francisco, California. The platform connects buyers, suppliers, and financial institutions in one place to digitize and streamline business processes. Tradeshift's goal is to make global trade easier for all companies by simplifying supply chain management and automating manual tasks. They offer a range of solutions including e-invoicing, procurement, supplier management, and payment services.
- Revenue
- $161.5M
- Customers
- 150
- Year founded
- 2009
- Funding
- $861M
- Team size
- 363
- Revenue
- $153M
- Customers
- 3K
- Year founded
- 2000
- Funding
- $133.6M
- Team size
- 1.1K
4
FreeD Group
Hong Kong, Hong Kong
FreeD Group, operating its core product at joinharmonycvm.com, is a travel and lifestyle SaaS marketplace founded in 2016 and headquartered with operations across Greater China, Korea, the Middle East, and Europe. The company connects sellers including product owners, distributors, and content providers with large enterprise buyers such as telecommunications companies, governments, and airlines, earning revenue through a combination of SaaS subscription fees, one-time implementation fees, and GMV-based commissions. The company reported $35 million in total revenue for 2022, comprising $15 million in recurring SaaS and transaction fees and $20 million in one-time implementation and project fees. GMV processed through the platform reached approximately $80 million to $100 million in 2022, with $20 million processed in the fourth quarter alone. The company is fully bootstrapped with no outside capital raised. In late 2022 and early 2023, FreeD Group acquired two companies, including the largest travel management company in the Greater China market, which processed HK$2 billion (approximately $300 million USD) in GMV at its 2019 peak and served over 1,000 enterprise customers. Abel Zhao, CEO and co-founder, told Latka the company is targeting $100 million in revenue for 2023 and is aiming for an IPO in 2024 at a minimum valuation of $250 million.
- Revenue
- $100M
- Customers
- 80
- Year founded
- 2016
- Team size
- 250
Frequently asked questions about Vendor Management Software Companies $100M+ Revenue
How many vendor management software companies with $100M+ in annual revenue are there?
Latka tracks 4 vendor management software companies with $100M+ in annual revenue. Together they generate $607.5M in annual revenue and employ 2.8K people.
Which vendor management software company with $100M+ in annual revenue is the largest?
Zip is the largest, with $193M in annual revenue, founded in 2020.
How much revenue does a typical vendor management software company with $100M+ in annual revenue make?
The average vendor management software company in this list makes $151.9M a year, across 4 companies with reported revenue. They serve 3.2K customers combined.
Who are the leading Vendor Management software vendors with $100M+ in annual revenue?
Ranked by annual revenue, the leaders are Zip, Tradeshift, Ivalua and FreeD Group.
How much funding have vendor management software companies with $100M+ in annual revenue raised?
The 4 vendor management software companies with $100M+ in annual revenue tracked here have raised $1.4B in disclosed funding between them.
Related ERP Software categories
Inclusion Criteria
- Must support comprehensive vendor onboarding processes - Should provide tools for tracking vendor performance and compliance - Must enable risk assessment and management across the vendor portfolio - Should facilitate communication and collaboration between internal teams and vendors - Not just about storing vendor data; must also analyze vendor performance metrics - Should offer integration capabilities with other business systems, such as ERP and procurement software - Must allow for contract management and document storage related to vendor agreements