Vertice acquires Vendr to create the world's largest procurement intelligence dataset and lead autonomous AI negotiation

• 02 Jun 2026
• TM Team
• 0 Comments

Vertice, the AI procurement platform built for the modern enterprise, announced its acquisition of Vendr, the US software pricing leader.

The deal creates the world's largest procurement intelligence dataset, as Vertice will integrate Vendr's software insights with its own. The combined data represents more than $75+ billion in global indirect spend across 32,000 vendors, including real-world pricing and human-to-human interactions from 250,000 negotiated contracts, ranging from software to services. The expanded dataset extends Vertice's leadership in fully autonomous spend negotiation.

Customers including ARM, Brex, Duolingo, Twilio and Santander will be able to access the data directly within the Vertice platform. Insights will be surfaced at the point of decision to help finance and procurement teams evaluate vendors, manage renewals, and plan negotiations with greater speed, confidence, and precision.

Roy Tuvey, Founder and CEO, Vertice, said: "Vertice and Vendr have shared a vision for AI in procurement: to build purpose-designed AI agents trained on real-world data and tailored to specific procurement use cases. By bringing these teams together, we can accelerate everything - from the breadth of agents we can build, to the commercial impact we deliver for customers. We are setting a new benchmark for what procurement teams should expect from AI procurement platforms.

"Our combined software pricing data and vendor intelligence has 2M+ price points and surpasses that of our nearest competitors by an order of magnitude. With deeper insight into vendor pricing, commercial terms, sales tactics and risk, our customers will consistently achieve stronger procurement outcomes.

"Training our AI - including 'Ana', our autonomous negotiation agent - on this same rich, procurement-specific dataset makes it even more powerful. Our agents work around the clock helping customers reduce manual effort while delivering best-in-class savings."

Ana is Vertice's autonomous negotiation agent which has been trained on hundreds of thousands of real-world negotiations. Procurement buyers can now scale their coverage and minimize effort by using Ana to negotiate on their behalf. Buyers set their priorities, policies and thresholds and Ana engages with the vendor directly to optimize outcomes, such as cost savings, payment terms or policy compliance.