Vertice helps finance teams negotiate SaaS contracts and optimize cloud spend. See Vertice pricing, features, and funding compared to alternatives.
Vertice is a SaaS and cloud spend management platform that helps finance and procurement teams control software costs. It was founded in 2021 by brothers Eldar Tuvey and Roy Tuvey, who serve as co-CEOs and had previously built and sold two cybersecurity SaaS companies together, an experience they credit for exposing them to the pricing and procurement pain points Vertice was built to solve.
The company emerged from stealth in January 2022 with a 26 million dollar funding round led by 83North and Bessemer Venture Partners and has since raised additional Series B and Series C rounds, bringing total funding to over 100 million dollars as of January 2025.
Headquartered in London with roughly 350 employees, Vertice was named the UK's fastest-growing tech company by the Financial Times and Sifted, based on a two-year compound annual growth rate of 689 percent.
Vertice's Intake-to-Procure module manages vendor intake workflows, vendor onboarding, contract centralization, and risk management for procurement teams.
Its SaaS Purchasing service pairs software with an in-house negotiation team that uses pricing benchmark data drawn from more than 32,000 vendors to secure better contract terms on a customer's behalf.
Cloud Cost Optimization extends the platform to AWS, Azure, and Google Cloud, with visibility dashboards, continuous savings recommendations, and reserved-instance and savings-plan optimization.
Vertice does not publish standard pricing tiers; its pricing page emphasizes savings guarantees rather than a rate card. Pricing is quote-based and typically scales with the total software and cloud spend a customer wants Vertice to manage.
Vertice reports that customers see around 20 percent average savings, a 7x average return on investment, and a roughly 90-day payback period, which the company uses to justify its custom pricing model.
Vertice provides SaaS and cloud spend management, including contract negotiation and cost optimization.
Brothers Eldar Tuvey and Roy Tuvey founded Vertice in 2021.
Vertice is headquartered in London, United Kingdom.
Vertice uses custom, quote-based pricing that is not published publicly.
Yes, an in-house negotiation team handles contract negotiations for customers.
Yes, it offers cloud cost optimization across AWS, Azure, and Google Cloud.
No, Vertice and Vendr are separate companies operating in the same SaaS spend management category.
Vertice had raised over 100 million dollars total as of its January 2025 Series C round.