Vertice, an AI spend management startup, secures $50M to expand globally and enhance its tech.

Vertice, a London-based startup specializing in AI-driven spend management for businesses, has secured $50 million in a Series C funding round led by Lakestar. The company's platform helps optimize software and cloud expenditures, aiming to cut costs by 20-30%. Vertice serves major clients like ASML and Santander, and with this funding, it plans to expand globally and enhance its AI capabilities to better automate and streamline procurement processes.

2 months ago
4 Articles

Further Reading