# Vertice

**Source:** https://www.startuphub.ai/startups/vertice
**Profile type:** Startup

> Spend optimization platform for SaaS and cloud costs, leveraging automation and ML.

## About

Vertice offers an intelligent procurement platform that orchestrates the entire intake-to-procure process and guarantees savings on SaaS. It provides solutions for finance, procurement, IT, security, legal, and cloud engineers to gain visibility, control spend, manage risk, and optimize cloud costs. The platform leverages AI and expert-led negotiation to deliver guaranteed ROI and significant cost reductions.

## Key facts

- **Slug:** vertice
- **Website:** https://www.vertice.one/
- **Location:** London, United Kingdom
- **Founded:** 2021-11-20 00:00:00
- **Employees:** 497
- **Operating status:** Active
- **Total funding:** $51M
- **Sectors / tags:** Enterprise, Information Technology (IT), Cloud Computing, Cost Reduction, Spend Optimization, SaaS Management, Cloud Cost Management, Fintech, Enterprise Software, Workflow Automation, Business Intelligence, Data Analytics
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/verticeone/
  - Twitter: https://x.com/verticehq

## Frequently asked

### What does Vertice do?

Vertice offers an intelligent procurement platform that orchestrates the entire intake-to-procure process and guarantees savings on SaaS. It provides solutions for finance, procurement, IT, security, legal, and cloud engineers to gain visibility, control spend, manage risk, and optimize cloud costs. The platform leverages AI and expert-led negotiation to deliver guaranteed ROI and significant cost reductions.

### How much funding has Vertice raised?

Vertice has raised a total of $51M in funding. The most recent round on record is Series B.

### Where is Vertice headquartered?

Vertice is headquartered in London, United Kingdom.

### When was Vertice founded?

Vertice was founded in 2021.

### What industry does Vertice operate in?

Vertice operates in Enterprise, Information Technology (IT), Cloud Computing, Cost Reduction, Spend Optimization, SaaS Management.

### How many employees does Vertice have?

Vertice has approximately 497 people on record.

### What is Vertice's revenue?

StartupHub estimates Vertice's annual revenue at $62.0M (range $32.8M to $166.3M, 70% confidence), based on comparable companies in the sector.

### What is Vertice's valuation?

StartupHub estimates Vertice's effective valuation at $214.7M (range $92.2M to $319.5M, 47% confidence), based on comparable companies in the sector.

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