Vndly is a Cincinnati, OH–based cloud-native vendor management technology platform that helps companies manage the entire non-employee engagement lifecycle. Led by CEO and co‑founder Shashank Saxena, the platform covers talent acquisition through training, payment and offboarding. Its product is composed of four modules: contingent workforce management, statement of work (SOW) management, independent contractor (IC) compliance, and total talent acquisition. Vndly intends to use the new funds for continued development of its platform. The company integrates with Okta’s single sign-on and provisioning technology to provide secure access and provisioning for clients. Okta also serves as a technology partner, delivering capabilities via the Okta Identity Cloud. Vndly provides a SaaS Work Management System (WMS) that manages the entire non-employee engagement lifecycle from talent acquisition to training, payment and offboarding. The platform is composed of four modules: contingent workforce management, statement of work (SOW) management, independent contractor (IC) compliance, and total talent acquisition. The company says it already serves many Fortune 500 clients. Vndly plans to use new funding to continue global expansion and to develop new software modules. The company raised an $8.5M Series B-1 in 2020, bringing total external funding to $57.5M. Vndly was founded in 2017 and is led by CEO Shashank Saxena. Vndly provides a SaaS Work Management System that enables companies to manage the entire non-employee engagement lifecycle from talent acquisition through training, payment and offboarding. The platform is built around four modules: Contingent Workforce Management, Statement of Work (SoW) Management, Independent Contractor (IC) Compliance, and Total Talent Acquisition. The company serves customers across healthcare, financial services, retail and consumer goods, automotive, oil and gas, energy and utilities, manufacturing and distribution, and higher education. Founded in 2017 and led by co‑founder and CEO Shashank Saxena, Vndly is based in Cincinnati, Ohio. The company recently raised a $35M Series B and intends to use proceeds for product innovation, global expansion, and to invest in customer service and support. Vndly provides a cloud-based Work Management System (WMS) built to power the gig economy and automate manual tasks using machine learning, artificial intelligence and algorithms. The platform comprises four modules: Contingent Workforce Management, Statement of Work (SoW) Management, Independent Contractor (IC) Compliance, and Total Talent Acquisition. The company intends to use new funding for product innovation, customer adoption and global expansion. Vndly is a SaaS product founded in 2017 by CEO Shashank Saxena and is based in Cincinnati, OH. The business has raised a total of $14M to date following its recent round. The current offering focuses on enabling organizations to compete for top talent in digital and agile work environments.

Total raised

$55M

Funding rounds

4

Latest round

Series B

Latest activity

May 2020