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How Vendorful CEO Peter Bonney grew to $1.5M revenue with a 10 person team in 2024.

Provider of vendor management platform intended to simplify corporate purchasing. The company's platform reduces RFP requirements and manages purchasing process, permitting quicker and easier assessment, vendor discovery and selection as well as collaboration tools, enabling vendors to reduce RFP response time and save time as well as improve outcomes.

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Vendorful Revenue

In 2024, Vendorful's revenue reached $1.5M. The company previously reported $917.3K in 2023. Since its launch in 2016, Vendorful has shown consistent revenue growth.

Vendorful Revenue GrowthReported revenue / ARR over time$0$400K$800K$1.2M$1.6M201620172018201920202021202220232024$0$1.1M$917.3K$1.5MSource: GetLatka.com
YearMilestoneQuote
2024Vendorful Hit $1.5m revenue in October 2024
2023Vendorful Hit $917.3k revenue in December 2023
2021Vendorful Hit $1.1m revenue in April 2021
2016Launched with $0 revenue

Vendorful Valuation, Funding Rounds

Vendorful is a bootstrapped Other Collaboration Software startup. Founded in 2016, Vendorful has grown to $1.5M in revenue without raising any venture capital or outside funding.

As a self-funded Other Collaboration Software SaaS company, Vendorful has built its business with no outside investment.

Vendorful Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12016Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Peter Bonney

CEO

Peter Bonney is listed as CEO at Vendorful.

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Customers

We do not have customer count information for Vendorful yet.

Vendorful Employees & Team Size

Vendorful employs approximately 10 people as of 2026, up from 7 in 2023, including 1 sales reps that carry a quota.

Vendorful Team GrowthReported headcount over time03691215201620172018201920202021202220232024001010Source: GetLatka.com
YearMilestone
2024Reached 10 employees (October 2024)
2023Reached 7 employees (December 2023)
2022Reached 10 employees (December 2022)
2021Reached 10 employees (December 2021)
2021Reached 13 employees (April 2021)

Frequently Asked Questions about Vendorful

What is Vendorful's revenue?

Vendorful generates an estimated $1.5M in annual revenue.

Who founded Vendorful?

Vendorful was founded by Peter Bonney.

Who is the CEO of Vendorful?

The CEO of Vendorful is Peter Bonney.

How much funding does Vendorful have?

Vendorful is bootstrapped and has not raised outside funding.

How many employees does Vendorful have?

Vendorful has 10 employees.

Where is Vendorful headquarters?

Vendorful is headquartered in New York, New York, United States.

Compare Vendorful to the industry

Vendorful operates across multiple industries. Browse revenue, funding, and growth data for Vendorful in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Vendorful Revenue 2024: $1.5M ARR (Bootstrapped)