Tech Company Financing Transactions
Vertice Funding Round
Lakestar, 83North and Bessemer Venture Partners participated in a $50 million Series C funding round for Vertice. The funding round closed on 1/22/2025.
Transaction Overview
Company Name
Announced On
1/22/2025
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to open several new regional offices and drive product development by tripling its engineering team.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
200 W 113th St 4th Fl
New York, NY 10026
USA
New York, NY 10026
USA
Phone
Website
Email Address
Overview
Today there are thousands of SaaS tools available that are designed to help your business succeed. In reality, many of these services have become so essential to the workplace that they're required for your business to function. The original premise of moving software to the cloud or on demand was to reduce complexity, cost and effort. Increasingly though, the sheer number of cloud services that the modern enterprise uses has made renewing, managing and controlling these SaaS services burdensome and expensive.
Management Team
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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