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Vendavo Secures Investment to Boost Growth

Vendavo< Vendavo August 6, 2021

Vendavo, the global market leader in AI-enabled SaaS pricing and CPQ solutions, announced that it has secured a major round of strategic investment from Accel-KKR, as well as a re-investment by current owner Francisco Partners.

Dean Jacobson, Managing Director at Accel-KKR, said, “It’s hard to overstate the opportunity ahead for Vendavo. More than ever, dynamic pricing is the most powerful, short-term lever for C-suites to drive revenue growth and increased profitability. Vendavo has already proven to many top-tier B2B enterprises that it has the best available solutions to that challenge.  There’s a clear road ahead toward even bigger success.”

Petri Oksanen, Partner at Francisco Partners, said: “We continue to see a substantial growth opportunity ahead for Vendavo. We’re choosing to re-invest in their success, because they’re poised to tremendously extend their leadership position across the commercial excellence and pricing paradigm.”

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