Vertice

Vertice is a startup that offers SaaS tools for businesses, addressing the challenge of managing the increasing array of essential but burdensome and expensive software services. The company acknowledges the ubiquitous nature of SaaS tools in modern businesses and the original intent to simplify and reduce costs. However, the current landscape has led to complexities and high expenses in renewing, managing, and controlling these services. In 2022, the company recognized the need for modernizing the procurement process for SaaS after consulting with numerous businesses globally. Their vision has attracted investment, with the latest being a £19.70M Series B funding round led by Bessemer Venture Partners and 83North on 17 January 2024. With a focus on Financial Services and SaaS, Vertice aims to revolutionize the management of SaaS tools, addressing a critical pain point for businesses.