AI procurement management software startup Vertice raises $50M - SiliconANGLE

AI procurement management software startup Vertice raises $50M - SiliconANGLE
siliconangle.com

by Mike Wheatley • 9 days ago

Procurement software startup Vertice Technology Inc. has raised $50 million in a funding round led by Lakestar, bringing its total funding to over $100 million and its valuation to $500 million. The company offers an AI-driven expenditure management platform aimed at optimizing software and cloud spending. With clients including ASML and Santander, Vertice aims to enhance its platform and expand into new markets using the new funds.

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