SaaS Spend Management SoftwareBoston, MassachusettsFounded 2019CEO Ryan Neu
Vendr is a SaaS procurement and spend management platform that helps companies find, buy, and manage software.
Vendr has not published its revenue. Growjo puts it at about $94.8M a year (November 2024). Vendr is #87 on the Latka List. The list ranks the 1,307 companies Nathan Latka has interviewed by revenue.
| As of | Revenue | Source |
|---|---|---|
| Feb 2020 | $6.2M | – |
| Apr 2021 | $18M | – |
| Nov 2022 | $29.2M | – |
| Nov 2023 | $61MEST | GetLatka estimate |
| Oct 2024 | $74.3MEST | GetLatka estimate |
| Nov 2024 | $94.8MEST | Growjo estimate |
– source not recorded
Vendr is privately held, so there is no Vendr stock to buy. Investors valued it at $1B in its June 2022 Series B.
Valuation history$1B Series B 2022$600M Series A 2021
Vendr has raised $216M across four rounds since 2019. The latest was a $150M Series B in June 2022.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Jun 2022 | Series B | $150M | $1B |
| Apr 2021 | Series A | $60M | $600M |
| Feb 2020 | Seed | $4M | – |
| Jun 2019 | Seed | $2M | – |
| Total raised | $216M |
Nathan Latka has interviewed Vendr once, speaking with Ariel Diaz. Each figure links to the second it was said.
Watch: How Vendr Reached $200M Raised and 400 Employees While Competing in a Crowded SaaS Market (Interview with Co-Founder and Chief Strategy Officer Ariel Diaz)March 2023 · Ariel Diaz, Co-Founder and Chief Strategy Officer
Vendr competes most directly with Justworks, G2, Tropic, BetterCloud and 2 others.
Ryan Neu founded Vendr in 2019 with Ariel Diaz and runs it as CEO. Vendr has 225 employees (November 2025, LinkedIn), down from 296 a year earlier.
BoardSpencer Foust, Ian McAllister, David Sacks
InvestorsDavid Jegen
| As of | Employees | Source |
|---|---|---|
| Nov 2025 | 225 | |
| Oct 2024 | 296 | |
| 2023 | 400 | Ariel Diaz on cameraWatch at 8:11 |
| Nov 2022 | 230 | – |
| Feb 2022 | 230 | – |
| 2022 | 316 | – |
| Nov 2021 | 142 | – |
| Aug 2021 | 142 | – |
| Apr 2021 | 68 | – |
| Jan 2021 | 54 | – |
| Nov 2020 | 72 | – |
Growjo estimates Vendr's revenue at about $94.8M a year (November 2024). The company hasn't published its own figure.
Investors valued Vendr at $1B in its June 2022 Series B.
Vendr has raised $216M across four funding rounds. The latest was a $150M Series B in June 2022.
No. Vendr is a private company, so its shares aren't traded on a stock exchange.
Vendr has 225 employees as of November 2025, according to LinkedIn.
Ryan Neu is the CEO of Vendr and co-founded the company in 2019.
Ariel Diaz and Ryan Neu founded Vendr in 2019.
4 said on camera · 2 from public sources · 3 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice. The Latka List ranks the private, operating companies Nathan Latka has interviewed by the latest revenue figure on each profile, reported or estimated; equal figures share a rank.
Updated Oct 29, 2026Data disclaimerReport a correctionClaim this profile
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