Lavante offers a cloud-based, on-demand supplier management platform including SIM (Supplier Information Management) and recovery audit solutions built on patented-pending technology. The platform is designed to improve supplier communications, assure supplier data quality, and drive dollars to the bottom line. Lavante’s solutions are deployed across Fortune 1000 enterprises in hospitality, retail, entertainment, manufacturing, and medical industries. The company is privately held, headquartered in San Jose, California, and was founded in 2001. Recent product enhancements have expanded its on-demand supplier management capabilities and the Lavante Supplier Network™. Lavante plans to use new funding to fuel market momentum, invest in new products, accelerate customer acquisition, and continue expanding its supplier network. Lavante is a San Jose, California–based provider of on-demand recovery auditing and supplier information management solutions. Founded in 2001, the company serves Fortune 1000 enterprises across the hospitality, retail, entertainment, manufacturing and medical industries. It offers on-demand supplier management solutions, including recovery auditing and supplier information management, and operates the Lavante Supplier Network. Lavante raised $8M in a Series C round led by SAP Ventures, with participation from existing investors ATA Ventures and Venrock. The company said the new funding will enable investment in new products, accelerate customer acquisition and expand the Lavante Supplier Network. In conjunction with the financing, Andreas Weiskam, partner at SAP Ventures, joined Lavante’s board of directors.

Total raised

$12M

Funding rounds

2

Latest round

Equity

Latest activity

Aug 2014