# Vendr: what it sells, price and AI features

URL: https://www.newsprint.com/companies/vendr/
Covers: June 1, 2026
Updated: 2026-11-11
License: CC BY 4.0, 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

> Vendr is on the AI procurement software map. We record 1 dated launch or event for it. The latest is dated June 1, 2026.

"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: [vendr.com](https://www.vendr.com/).

## Facts

- Site: [vendr.com](https://www.vendr.com/)
- Category: Software buying
- Status: Active

## On the research maps

### [The AI procurement software map](https://www.newsprint.com/research/procurement-software/#co-vendr)

"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: [vendr.com](https://www.vendr.com/).

- Category: Software buying
- Price: not published; free trial and demo calls to action
- AI capabilities: Named agent, Contract review, AI negotiation and Price benchmarks
- 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)

Sources: [vendr.com](https://www.vendr.com/), [vendr.com](https://www.vendr.com/blog), [vendr.com](https://www.vendr.com/blog/vendr-is-joining-vertice) and [aap.com.au](https://www.aap.com.au/aapreleases/cision20260601ae71961/).

## Launches and dated events, newest first

### Vertice acquires Vendr

Acquisition, June 1, 2026. 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.

Source: [PR Newswire via AAP](https://www.aap.com.au/aapreleases/cision20260601ae71961/). From [the AI procurement software map](https://www.newsprint.com/research/procurement-software/#co-vendr).

## Methodology and corrections

How we track launches, and how to report an error: https://www.newsprint.com/updates/pr-software/#methodology