logo
logo

Vendorpm Raises $6M To Scale Its Marketplace For Property Managers And Service Vendors

Vendorpm Raises $6M To Scale Its Marketplace For Property Managers And Service Vendors

02/01/22, 12:00 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CA.svgtoronto
Money raised
$6 million
Industry
software
community and lifestyle
VendorPM, a Toronto-based marketplace that connects property managers with reputable vendors, has raised $6 million in seed funding led by Bessemer Venture Partners. The software-enabled marketplace aims to modernize the way property managers manage, source and procure service vendors. The startup currently manages a two-sided marketplace across Canada in support of both property managers and service vendors.

Company Info

Company
Vendor Pm
Location
toronto, ontario, canada
Additional Info
The startup currently manages a two-sided marketplace across Canada in support of both property managers and service vendors. The platform supports over 400 building services across maintenance, operations, capital expenditures and professional services. The company aims to enhance day-to-day efficiency for site staff while enhancing visibility and control for head offices across four core functions, which include vendor management, sourcing, procurement and compliance. VendorPM says property managers turn its platform to organize their vendor relationships and resources, while vendors use the platform to market their services and provide quotations and proposals.