Vendorin - About the company
Vendorin is an acquired company based in Omaha (United States), founded in 2007 by Darren Blakely and John Petersson. It operates as an Electronic B2B payments platform. Vendorin has raised $6.53M in funding. The company has 1419 active competitors, including 127 funded and 159 that have exited. Its top competitors include companies like PayPal, Stripe and PayU.
Company Details
Vendorin enables B2B payments by providing suppliers with a method to create an online profile, and share their profile with customers. The company provides buyer-side organizations with the ability to leverage the electronic payment information and remittance delivery preferences contained within supplier profiles on its network to make the transition from paying suppliers by check to paying suppliers electronically.
- Website
- vendorin.com
- Email ID
- *****@vendorin.com
Key Metrics
Founded Year
2007
Location
Omaha, United States
Stage
Acquired
Total Funding
$6.53M in 9 rounds
Latest Funding Round
Investors
Ranked
72nd among 1419 active competitors
Employee Count
417 as on Dec 31, 2021
Exit Details
Acquired by Corcentric (Feb 16, 2021)
Vendorin's acquisition details
Vendorin got acquired by Corcentric on Feb 16, 2021 at an acquisition amount of $*****.
Click here to take a look at Vendorin's acquisition in detail
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Vendorin's funding and investors
Vendorin has raised a total funding of $6.53M over 9 rounds. Its first funding round was on Feb 2008. Vendorin has 2 institutional investors.
Here is the list of recent funding rounds of Vendorin:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 07, 2015 | 4214498 | Series A | 4198146 | 9213578 | 6216495 | 2281750 |
Mar 26, 2015 | 3609186 | Series A | 5639408 | 3507839 | 9120942 | 8379196 |
Jan 30, 2014 | 1075920 | Series A | 5974166 | 8548948 | 8383175 | 2632068 |
View details of Vendorin's funding rounds and investors
Vendorin's founders and board of directors
Founder? Claim ProfileThe founders of Vendorin are Darren Blakely and John Petersson.
Here are the details of Vendorin's key team members:
- Darren Blakely: Sales Leader & Founder of Vendorin and founder of 1 other company.
- John Petersson: President, Co-Founder & Board Member | B2B Payments | Fintech | ACH | Virtual Card | Startup of Vendorin.
View details of Vendorin's Founder profiles and Board Members
Vendorin's employee count trend
Vendorin has 417 employees as of Dec 21. The total employee count is 14.0% more than what it was in Dec 20. Here is Vendorin's employee count trend over the years:
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Vendorin's Competitors and alternates
Top competitors of Vendorin include PayPal, Stripe and PayU. Here is the list of Top 10 competitors of Vendorin, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PayPal 1998, United States, Public | Provider of online payment solutions, money transfers, and virtual wallets | $216M | 87/100 | |
2nd | Stripe 2010, San Francisco (United States), Series I | Provider of financial infrastructure solutions for revenue growth and payment processing | $9.81B | 87/100 | |
3rd | PayU 2002, Amsterdam (Netherlands), Series C | Provider of payment solutions and credit products for online merchants | $35.1M | 84/100 | |
4th | Flutterwave 2016, San Francisco (United States), Series D | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
5th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 80/100 | |
6th | Corpay 2000, Atlanta (United States), Public | Provider of payment automation and expense management software solutions | $175M | 77/100 | |
7th | ACI Worldwide 1975, Omaha (United States), Public | Process and manage digital payments | - | 76/100 | |
8th | Modern Treasury 2018, San Francisco (United States), Series C | Provider of APIs to automate and manage money movement and ledgering | $183M | 74/100 | |
9th | Checkout 2012, London (United Kingdom), Series D | Provider of payment processing and global money movement solutions | $1.83B | 74/100 | |
10th | Provider of payment solutions, risk management, and banking and issuing services | $322M | 72/100 | ||
72nd | Vendorin 2007, Omaha (United States), Acquired | Electronic B2B payments platform | $6.53M | 53/100 |
Looking for more details on Vendorin's competitors? Click here to see the top ones
Vendorin's Investments and acquisitions
Vendorin has made no investments or acquisitions yet.
Reports related to Vendorin
Here is the latest report on Vendorin's sector:
News related to Vendorin
•
Tangoe partners Vendorin to enhance payment processingElectronic Payments International•Mar 12, 2021•Tangoe, Vendorin
•
Reddit forms advertising partnership with OmnicomMobile Marketing Magazine•Mar 11, 2021•Reddit, Omnicom Media Group, Vendorin
•
Corcentric Buys B2B Payments Network Vendorin For $100 MillionPYMNTS.com•Feb 17, 2021•Corcentric, Vendorin, Juvo
•
BofA and Kirkland & Ellis Advise Corcentric on Acquisition of VendorinMonitordaily•Feb 17, 2021•Corcentric, Vendorin
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