New Investment from Accel-KKR and Francisco Partners Will Enable the Industry Leader in B2B Pricing and CPQ Solutions to Extend Its Innovation and Success in a Rapidly Evolving Segment.
Our solutions are already delivering tangible results for our customers, and they’ll only grow in importance for the rest of the market as digital transformation and B2B omnichannel ecommerce become more widespread,” said Bruno Slosse, CEO of Vendavo. “Today, B2B organizations need the ability to quickly go to market with the right products at the right prices, every time. Meeting today’s challenges and tomorrow’s opportunities requires modern, intelligent solutions that enable commercial excellence.”
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.”
We continue to see a substantial growth opportunity ahead for Vendavo,” said Petri Oksanen, Partner at Francisco Partners. “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.”