Founded in 2021, Vertice provides tools for businesses to track and manage their software and cloud spend.
In brief:
- Cloud spend management platform Vertice has secured $25mn in funding to significantly increase its headcount.
- It brings the total funding raised by Vertice to $51mn since January 2022, when it emerged from stealth with a $26mn raise
- London-based company will also invest in its platform, which Vertice claims gives customers an average cost saving of up to 25%.
What does this mean?
“This next chapter will be about scaling into a business with a break-out trajectory and I have total conviction we will do so,” said Roy Tuvey, co-founder and CEO at Vertice. “Our name comes from being in our customers’ corner and we are resolute in helping them operate more efficiently through the headwinds in the global economy.”
