Vendr Launches Explore to Help Companies Make Faster, Informed SaaS Purchases
Dynamic software catalog of 19,000 products brings unprecedented visibility into data; ensures transparent pricing, streamlined procurement
Leading SaaS buying platform Vendr today announced the launch of Explore, a dynamic catalog of the entire software ecosystem built to help companies make faster and more informed purchasing decisions. Powered by the deepest SaaS data set in the world, Explore provides a transparent view into more than 19,000 products, allowing procurement and finance teams to compare alternatives, sort and filter based on priority features, and see where a company has already invested to identify opportunities to consolidate and save. Dynamic market share insights also help businesses analyze what others are buying, break down compliance details, and uncover pricing trends so negotiations are fair for both buyers and sellers.
“The launch of Explore is a huge step in our mission to create a transparent and frictionless buying and selling experience. The result is winning outcomes for both sides—fair pricing, faster purchase cycles, and fewer wasted resources.”
Backed by unbiased data from billions in spend processed from tens of thousands deals and thousands of suppliers, Vendr helps buyers understand which solution is the best fit for their needs, and only connects sellers with the most high-intent buyers. Vendr guarantees fair pricing terms, streamlined procurement, and risk-free purchases for many suppliers — like Gainsight, Gong, ZoomInfo, and Snyk — or Vendr will buy out the contract.
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“The way software is bought and sold today is filled with friction. Buyers operate without enough data to know if they are getting the right product at a fair price, while sellers spend 70-80% of their time with people that will never buy. The whole process is broken,” said Vendr co-founder and CEO, Ryan Neu. “The launch of Explore is a huge step in our mission to create a transparent and frictionless buying and selling experience. The result is winning outcomes for both sides—fair pricing, faster purchase cycles, and fewer wasted resources.”
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Vendr delights hundreds of customers, including Brex, Drift, and Dashlane, who trust Vendr to find, buy, and manage enterprise software—a top line expense Gartner predicts will exceed $750B this year. As costs skyrocket alongside the number of providers, Vendr has saved companies hundreds of millions of dollars on SaaS spend by organizing their stack, speeding up internal procurement processes, and empowering teams with the tools they need.