Vertice buys Vendr to build what it calls the largest procurement dataset


Vertice has bought Vendr. The London-based AI procurement company announced on Monday that it has acquired the US software-pricing firm, a deal it says creates the world’s largest procurement intelligence dataset by combining the two companies’ data on what they buy and how they negotiate. Terms of the acquisition were not disclosed.

The combined dataset, according to Vertice, covers more than $75bn in global indirect spend across 32,000 vendors, and includes real-world pricing and human-to-human interactions drawn from 250,000 negotiated contracts spanning software and services.

Vertice founder and chief executive Roy Tuvey put the pooled software-pricing data at more than two million price points, which he said surpasses the nearest competitors “by an order of magnitude.”

The pitch is that more data makes for better automated negotiation. Vertice runs an autonomous negotiation agent it calls Ana, trained, it says, on hundreds of thousands of real-world negotiations. Buyers set their priorities, policies and thresholds, and Ana engages the vendor directly to push for outcomes such as cost savings, better payment terms or policy compliance. Folding in Vendr’s negotiation data, Tuvey said, makes that agent “even more powerful.”

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Between them, the two companies now operate more than 60 procurement AI agents, used regularly by over 1,000 customers worldwide, covering workflows from intake and pricing optimisation to third-party risk assessment. Customers including ARM, Brex, Duolingo, Twilio and Santander will be able to reach the combined data directly inside the Vertice platform, with insights surfaced, the company says, at the point of decision. Vendr customers, for their part, gain access to Vertice’s Intake-to-Procure platform.

“Vertice and Vendr have shared a vision for AI in procurement,” Tuvey said, describing the goal as purpose-built AI agents trained on real-world data and tailored to specific procurement tasks. Ryan Neu, Vendr’s chief executive, framed the sale as a continuation of the company’s founding premise, that buyers signing million-dollar contracts had far less information than the vendors across the table. Joining Vertice, he said, makes that intelligence “significantly richer” and embeds it where procurement decisions are actually made.

Vertice, headquartered in London and recognised by the Financial Times as the UK’s fastest-growing scale-up, also operates in New York, Boston, Sydney, Brno, Linz and Johannesburg. It was founded by the brothers Roy and Eldar Tuvey, who previously built ScanSafe and Wandera, sold to Cisco and Jamf respectively.

The company says its platform processes more than $75bn in spend and that it has been named the leader in Intake-to-Procure platforms by the analyst firm Lionfish Tech Advisors.

What the announcement does not include is a price, a closing date, or any detail on how the two organisations and their overlapping agent line-ups will be integrated. Those, for now, Vertice has kept to itself.



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Recent Reviews


If you are a book purist, you might scoff when I recommend an e-reader instead of buying physical books, and I won’t blame you. The allure of the smell of pages, the weight of the book in my hands, the whole ritual, is hard to resist. 

However, if you allow me some leeway to convince you, there’s a strong argument to be made against physical books and in favor of using e-readers. So let me make the case for e-readers, because once you understand what you’ve been missing, it’s hard to go back.

Your entire library fits in your bag

This is the most obvious advantage, but it doesn’t get enough credit. I always read more than one book at a time, and carrying two or three physical books around is not realistic. Thick books alone are a chore to carry.

With an e-reader, you carry hundreds of books in a slim package. Switching between titles takes a second. If you travel frequently, this alone is reason enough to make the switch.

A thousand-page hardcover is great for your bookshelf but terrible for your commute.

Fat books are a workout, not a reading experience

If, like me, you are into fantasy books, you know they can be a behemoth to handle. You have to constantly shift how you’re holding it, find a way to keep it open, and somehow also stay comfortable. Thin books are fine, but the moment a book crosses a certain thickness, it starts working against you.

An e-reader weighs the same regardless of whether you’re reading a short novel or a massive fantasy series. That’s it. Whether I am reading The Count of Monte Cristo or the next book in Brandon Sanderson’s The Stormlight Archive series, my Supernote Nomad remains the same. 

Reading at night without waking anyone up

I do a lot of my reading at night, and this is where physical books completely fall apart for me. Lamps and book lights never feel comfortable. The light is never quite right, and if you share a room with someone, the whole setup becomes a problem.

Most e-readers, including Kindles, have a built-in backlight that you can dim to whatever level feels right. You can even switch to warm light mode, making it easier on your eyes. 

I’ve read at 3 AM with the brightness all the way down, and it felt completely natural. No lamp and no squinting required. 

Look up any word without losing your place

English is not my first language, and even for native speakers, encountering an unfamiliar word in the middle of a chapter is common. With a physical book, your options are to grab your phone and look it up, which almost always leads to distraction, or skip it and lose a bit of meaning.

On a Kindle or most other e-readers, you tap the word and the definition appears instantly. You can translate it, add it to a vocabulary list, and get back to reading in seconds. I look up far more words now than I ever did with physical books, and my reading comprehension is genuinely better for it.

Taking notes you’ll actually use later

I used to annotate physical books with a pen, and those notes would just sit there on the page, never to be seen again. Transferring them somewhere useful took more effort than I was ever willing to put in.

With my Supernote Nomad, I can use its Digest feature to clip what I am reading and quickly add any additional handwritten notes. I can then export those notes to Obsidian and process them. 

If you use any e-reader, highlighting a passage and adding a note will take a couple of seconds. Most e-readers also aggregate all your highlights and notes in one place, allowing you to quickly riffle through your notes without flipping pages. 

With physical books, my notes died on the page. With an e-reader, they became something I actually use.

Since these are digital notes, you can process them into your note-taking app to further digest the material.

Books are cheaper and easier to buy

Buying physical books is always more expensive than getting the digital version. Also, since most publishers are phasing out mass-market paperbacks, we are left with trade paperback and hardcover options, which may look better but also cost significantly more.

E-books don’t have that problem. I have purchased several books at less than half the price I would have paid for a physical version. Also, most of the time, e-books are on sale, making them even more affordable. 

And when you find a book you want to read at midnight, you don’t have to wait for a delivery or drive to a store. You buy it and start reading immediately. The convenience is hard to overstate once you get used to it.

Should you switch?

If you love the experience of physical books, the covers, the smell, the shelf aesthetic, that’s a completely valid reason to stick with them. There’s nothing wrong with it. I myself am curating my own bookshelf, and there will always be a place for those special books. 

But for convenience and ease of discovery and reading, I recommend you at least invest in one e-reader. It’s also one of the best times to buy them, as you can get good options around $100

Since these are e-readers, you don’t even need to upgrade them as often as your phone. If you don’t accidentally break them, they can easily last 5-6 years, making them worth the investment.



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