News & Press
Monday, Feb 06, 2023

Vertice launches powerful new usage analytics and discovery tools
Updates to Vertice’s SaaS purchasing platform help businesses map their tech stack and identify under-utilized subscriptions
SaaS purchasing platform Vertice reports that enterprises are overpaying between an average of 20%-30% for collaboration tools.
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Their experience, pricing data, and intimate knowledge of the mechanics of SaaS renewals enable Vertice to streamline entire SaaS procurement processes and provide visibility to make informed business decisions.
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Vertice emerges from stealth with public release of its SaaS purchasing solution

Designed to help businesses intelligently reduce their annual software spend by 20-30%, Vertice streamlines the purchasing process and addresses the continuous uptick in the cost of SaaS applications
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London-based SaaS purchasing platform Vertice ‘has come out of stealth’ and announced on Thursday that it has secured $26M (approximately €24.7M) in a Series A round of funding led by 83North and Bessemer Venture Partners.
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Vertice, a startup that manages businesses’ software renewals, has emerged from stealth following a $26m (£20.8m) Series A round led by 83North and Bessemer Venture Partners.
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