{
  "license": {
    "name": "CC BY 4.0",
    "url": "https://creativecommons.org/licenses/by/4.0/"
  },
  "cite_as": "Newsprint, \"Vendr: what it sells, price and AI features\", https://www.newsprint.com/companies/vendr/, updated 2026-11-11",
  "updated_at": "2026-11-11",
  "url": "https://www.newsprint.com/companies/vendr/",
  "markdown_url": "https://www.newsprint.com/companies/vendr.md",
  "title": "Vendr: what it sells, price and AI features",
  "opening_answer": "Vendr is on the AI procurement software map. We record 1 dated launch or event for it. The latest is dated June 1, 2026.",
  "period": "June 1, 2026",
  "methodology_url": "https://www.newsprint.com/updates/pr-software/#methodology",
  "company": {
    "id": "C6V11C0",
    "slug": "vendr",
    "name": "Vendr",
    "aliases": [],
    "site": "https://www.vendr.com",
    "summary": "\"The Authority on Software Pricing Transparency.\" Vendr helps finance and procurement teams buy and renew software using a dataset of what others paid. It says it is trusted by more than 5,000 teams. Its AI is Ruth, a Pricing Agent for deal-based price intelligence and a Negotiation Agent that reviews contracts and runs supplier negotiations with human oversight. Vertice acquired Vendr in June 2026.",
    "founded": null,
    "categories": [
      "saas"
    ],
    "status": "active",
    "price_note": null,
    "update_channels": [],
    "updated_at": "2026-11-11",
    "off_map": null,
    "merged_into": null,
    "category_names": [
      "Software buying"
    ]
  },
  "confirmed_product_launches": 0,
  "dated_product_launches": 0,
  "undated_launches": 0,
  "launches_data_url": "https://www.newsprint.com/data/launches.json",
  "count": 0,
  "launches": [],
  "launch_list": false,
  "indexed": true,
  "summary": {
    "text": "\"The Authority on Software Pricing Transparency.\" Vendr helps finance and procurement teams buy and renew software using a dataset of what others paid. It says it is trusted by more than 5,000 teams. Its AI is Ruth, a Pricing Agent for deal-based price intelligence and a Negotiation Agent that reviews contracts and runs supplier negotiations with human oversight. Vertice acquired Vendr in June 2026.",
    "source": {
      "name": "vendr.com",
      "url": "https://www.vendr.com"
    },
    "from": "record"
  },
  "maps": [
    {
      "map": "procurement-software",
      "title": "The AI procurement software map",
      "url": "https://www.newsprint.com/research/procurement-software/#co-vendr",
      "section": "companies",
      "name": "Vendr",
      "site": "https://www.vendr.com",
      "category": "Software buying",
      "what": "\"The Authority on Software Pricing Transparency.\" Vendr helps finance and procurement teams buy and renew software using a dataset of what others paid. It says it is trusted by more than 5,000 teams. Its AI is Ruth, a Pricing Agent for deal-based price intelligence and a Negotiation Agent that reviews contracts and runs supplier negotiations with human oversight. Vertice acquired Vendr in June 2026.",
      "what_source": {
        "name": "vendr.com",
        "url": "https://www.vendr.com"
      },
      "price": "not published; free trial and demo calls to action",
      "price_published": false,
      "capabilities": {
        "label": "AI capabilities",
        "items": [
          "Named agent",
          "Contract review",
          "AI negotiation",
          "Price benchmarks"
        ]
      },
      "scale_tier": 2,
      "scale": "Established: a public parent, or a disclosed customer base (Homepage claims 5,000+ finance and procurement teams and more than $1.4B in customer savings; now part of Vertice)",
      "founded": null,
      "founded_source": null,
      "fate": null,
      "sources": [
        {
          "name": "vendr.com",
          "url": "https://www.vendr.com"
        },
        {
          "name": "vendr.com",
          "url": "https://www.vendr.com/blog"
        },
        {
          "name": "vendr.com",
          "url": "https://www.vendr.com/blog/vendr-is-joining-vertice"
        },
        {
          "name": "aap.com.au",
          "url": "https://www.aap.com.au/aapreleases/cision20260601ae71961/"
        }
      ],
      "more_sources": 0,
      "cross_listed": false
    }
  ],
  "off_map_url": null,
  "timeline": [
    {
      "id": "event-1",
      "url": "https://www.newsprint.com/companies/vendr/#event-1",
      "on": "2026-06-01",
      "date_precision": "day",
      "title": "Vertice acquires Vendr",
      "summary": "Vertice announced its acquisition of Vendr to create the largest procurement intelligence dataset and lead autonomous AI negotiation. Vendr's pricing data ($75B+ of spend, 2M+ price points, 250,000 contracts, 32,000 vendors) will train Vertice's AI agents. Terms not disclosed.",
      "kind": "Acquisition",
      "from": {
        "name": "The AI procurement software map",
        "url": "https://www.newsprint.com/research/procurement-software/#co-vendr"
      },
      "source": {
        "name": "PR Newswire via AAP",
        "url": "https://www.aap.com.au/aapreleases/cision20260601ae71961/"
      }
    }
  ]
}