Looking to sell Vendr stock or options?
Vendr, a creator of an internet procurement platform, offers services designed to assist businesses in purchasing and renewing SaaS effortlessly and at a reasonable price. Vendr's platform provides services like contract logistics, renewal management, and commercial negotiations. It also offers insights backed by data from thousands of transactions, allowing customers to decrease their software costs.
JD Sherman, Tiger Global Management, SoftBank Investment Advisers, Sozo Ventures, F-Prime Capital, GarageCapital, Craft Ventures, Clifford Obrecht, Sound Ventures, Y Combinator, Liquid 2 Ventures.
Vendr is currently a private company. This means that the company is not listed on any public exchange and so there is no public market for its stock. However, there may still be ways to monetize Vendr stock. Depending on Vendr’s policies, you may be able to: (1) find a private buyer in the secondary market to purchase your stock, (2) borrow against your stock, or (3) exchange Vendr stock into the Collective Exchange Fund for a limited partnership interest and then borrow non-recourse against your interest to generate immediate cash. This last alternative can be much quicker and net you more after-tax cash than your other options. An exchange into our fund also reduces your risk by diversifying your holdings out of an over-concentrated position.
Collective Liquidity can provide liquidity to shareholders of Vendr stock in two ways. First, Vendr employees can exchange shares into the Collective Exchange Fund and then borrow non-recourse to generate immediate cash. This can net you more after-tax cash than a stock sale. It also reduces your risk by diversifying your holdings out of an over-concentrated position. In some cases, Collective may also be able to purchase your Vendr stock. Note that all transactions in Vendr shares are subject to the company’s policies regarding secondary transactions. Schedule a call with a Collective Liquidity representative to learn more about your private market liquidity alternatives.
Vendr stock is not listed on any public exchange and so there is no public market for its shares. Therefore, there is no single, centralized price for Vendr stock. Typically, shares of private companies like Vendr are set with buyers in one off negotiations. Collective Liquidity, however, uses a proprietary algorithm to determine its bids so we almost always have an immediately actionable price for you.
On Jun 2022, Vendr is reported to have closed an equity financing in which the investors valued the company at $1.04B. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Vendr shares outstanding assuming the conversion of all stock options, warrants, etc.
Tickers are used to identify company’s shares on public markets like the NYSE or Nasdaq. Because Vendr is not currently publicly traded, it does not have a ticker symbol.
Vendr has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Vendr is a well-known, successful company, there can be no assurance that it will ever go public or be sold. Because of the risk this imposes on Vendr shareholders, many investors elect to gain liquidity for at least some of their shares before the IPO. Schedule a call with a Collective Liquidity representative to discuss your private market liquidity alternatives.
BOSTON--(BUSINESS WIRE)--Vendr, the world’s first SaaS buying platform, today launched Connect for a Cause, a charity auction giving sellers and entrepreneurs the opportunity to bid on 60 minutes with CEOs and top financial leaders that are dedicated to helpi…
BOSTON--(BUSINESS WIRE)--Built In today announced that Vendr, the world’s first SaaS buying platform, was honored in its 2023 Best Places To Work Awards. Specifically, Vendr earned a place on Best Startups to Work For in Boston. The annual awards program incl…
BOSTON--(BUSINESS WIRE)--Vendr, the world’s first SaaS buying platform, today announced that it has been named a Certified™ Great Place to Work® for the first time this year. Great Place to Work® is the global authority on workplace culture, employee experien…
BOSTON--(BUSINESS WIRE)--Vendr, the world’s first SaaS buying platform, today announced the launch of Vendr 2.0, the most complete SaaS buying platform on the market. SaaS is a top-three line item expense, but most companies aren’t getting the appropriate ret…
Vendr, a Boston-based startup that aims to help companies buy, manage and renew software, was featured on Forbes' 2021 Next Billion-Dollar Startups List. "We created this category," says founder and CEO Ryan Neu.
Vendr Inc., a firm that centralizes business software purchasing and management, announced it was valued at $1 billion after a $150 million funding round that came as many startups are struggling to raise funds.