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How VendorPanel CEO James Leathem grew to $3.6M revenue with a 70 person team in 2024.

Developer of a procurement platform for government and enterprise in Australia and overseas. The company simplifies procurement and drive positive social and economic outcomes.

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VendorPanel Revenue

In 2024, VendorPanel's revenue reached $3.6M. The company previously reported $1.7M in 2023. Since its launch in 2008, VendorPanel has shown consistent revenue growth.

VendorPanel Revenue GrowthReported revenue / ARR over time$0$1M$2M$3M$4M200820102012201420162018202020222024$0$1.6M$3.6MSource: GetLatka.com
YearMilestoneQuote
2024VendorPanel Hit $3.6m revenue in October 2024
2023VendorPanel Hit $1.7m revenue in December 2023
2021VendorPanel Hit $1.6m revenue in April 2021
2008Launched with $0 revenue

VendorPanel Valuation, Funding Rounds

VendorPanel has not publicly disclosed its valuation. The company has raised $1.9M in total funding to date.

VendorPanel has raised $1.9M in total funding across 1 round, with its most recent round in 2018.

VendorPanel Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$400K$0.4$800K$0.6$1.2M$0.8$1.6M$1$2M200820102012201420162018Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2018Funding round$1.9M--

Founder / CEO

James Leathem

CEO

James drives strategy and growth, with a background in procurement consulting and leadership development.

Q&A

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Customers

We do not have customer count information for VendorPanel yet.

VendorPanel Employees & Team Size

VendorPanel employs approximately 70 people as of 2026, down from 75 in 2023, including 5 sales reps that carry a quota.

VendorPanel Team GrowthReported headcount over time02040608020082010201220142016201820202022202400373775757070Source: GetLatka.com
YearMilestone
2024Reached 70 employees (October 2024)
2023Reached 75 employees (December 2023)
2021Reached 37 employees (April 2021)

Frequently Asked Questions about VendorPanel

What is VendorPanel's revenue?

VendorPanel generates an estimated $3.6M in annual revenue.

Who founded VendorPanel?

VendorPanel was founded by James Leathem.

Who is the CEO of VendorPanel?

The CEO of VendorPanel is James Leathem.

How much funding does VendorPanel have?

VendorPanel raised $1.9M across 1 round.

How many employees does VendorPanel have?

VendorPanel has 70 employees.

Where is VendorPanel headquarters?

VendorPanel is headquartered in Melbourne, Victoria, Australia.

Compare VendorPanel to the industry

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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VendorPanel Revenue 2024: $3.6M ARR, $1.9M Raised