Vendavo

Pricing and sales optimization solutions provider

Denver, Colorado, United States

About Vendavo

Vendavo provides pricing and selling solutions aimed at helping businesses improve their profitability and growth, particularly in the B2B sector. Their software utilizes artificial intelligence to enhance pricing strategies and sales processes, offering tools like pricing guidance, sales strategy services, and Configure Price Quote (CPQ) systems. CPQ systems enable businesses to generate accurate quotes quickly by considering various pricing factors and customer specifics. Vendavo distinguishes itself from competitors through its strong partner network and focus on industries such as metals and mining, ensuring comprehensive support and integration for clients. The company's goal is to empower B2B enterprises to optimize their pricing models and achieve sustainable success.

Denver, ColoradoHeadquarters

1998Year Founded

$50.1MTotal Funding

SERIES_ECompany Stage

Consulting, Enterprise Software, AI & Machine LearningIndustries

501-1,000Employees

Risks

Emerging CPQ vendors like Conga and PROS increase competition.

Shifting pricing authority to sales teams may lead to inconsistent strategies.

Economic volatility demands agile pricing, challenging Vendavo's adaptability.

Differentiation

Vendavo offers AI-driven pricing solutions tailored for B2B enterprises.

Their partnership with SAP enhances their credibility and market reach.

Vendavo's CPQ systems provide precise, customer-specific pricing solutions.

Upsides

Increased adoption of AI-driven pricing boosts Vendavo's market potential.

SaaS-based solutions offer flexibility and scalability for Vendavo's clients.

Channel and partner program enhancements drive growth in manufacturing sectors.

Funding

Total raised$50.10 M

Latest valuation$75.00 M

StageSERIES_E

SERIES E

8/31/2005

$15

$75.00 M

SERIES D

1/31/2004

$30.00 M

SERIES B

11/30/1999

$30

$152.50 M