Vertice
Financials
Estimates*
USD | 2022 |
---|---|
Revenues | 3.9m |
Date | Investors | Amount | Round |
---|---|---|---|
* | €24.7m | Series A | |
* | €23.0m | Series B | |
Total Funding | $52.5m |
Recent News about Vertice
EditVertice.One is a financial technology startup that provides a platform for finance leaders to optimize their Software as a Service (SaaS) and cloud spending. The company operates in the financial technology market, serving businesses of all sizes that use SaaS and cloud services. Vertice.One's business model revolves around providing visibility into clients' SaaS and cloud spending, offering advanced forecasting, and controlling usage through intelligent workflows.
The company promises to save clients 20-30% annually on their SaaS and cloud spending. It achieves this by handling the renewal process or new software purchases, allowing businesses to focus on their core operations. Vertice.One also offers a service to reduce cloud costs by providing detailed insights into cloud spending and making automated savings recommendations.
One of the unique features of Vertice.One is RIO, a reserved instance optimizer that automates the buying and selling of reserved instances using advanced demand forecasting, potentially saving clients up to 60% of their compute spend.
The platform provides a comprehensive view of a company's SaaS tools and cloud infrastructure, ensuring legal compliance and integrating with all major ERP finance, contract management systems, ticketing, and SSO providers.
In summary, Vertice.One is a financial technology platform that helps businesses optimize their SaaS and cloud spending, promising significant savings and increased efficiency.
Keywords: Financial Technology, SaaS, Cloud Spending, Cost Optimization, Advanced Forecasting, Intelligent Workflows, Renewal Process Management, Cloud Cost Reduction, Reserved Instance Optimizer, Compliance.