# Lavante

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lavante

- Industry: Software
- Headquarters: San Jose, US
- Website: www.lavante.com
- Total disclosed funding: $18M
- Latest round: Series C (Dec 14, 2010)
- Investors on record: 3

## About

Lavante specializes in technology-driven solutions for businesses, enhancing supplier collaboration and vendor management to drive profitability and efficiency.Lavante is a technology company based in San Jose, US, providing services aimed at improving supplier relationships and procurement efficiency. The company has undergone strategic pivots to focus on technology-enabled solutions. Lavante raised USD 3.5 mn in August 2014, led by PointGuard Ventures, with participation from ATA Ventures and SAP Ventures. The total amount raised by Lavante is USD 3.5 mn, and the current company valuation is estimated at USD 8.986 mn.Lavante offers a suite of technology-enabled solutions designed to enhance efficiency and profitability for businesses through comprehensive supplier collaboration and vendor relationship management software. Their primary offerings include AP profit recovery, contract management, and retail merchandise profit recovery software, helping organizations optimize procurement processes and ensure contract compliance across various sectors.Lavante generates revenue primarily through subscription-based B2B partnerships, providing ongoing value through its AP profit recovery and retail profit recovery services. The company's pricing is typically determined by the scale of services used and the specific needs of clients, allowing businesses to achieve significant cost savings and operational efficiencies while enhancing their financial health.In August 2014, Lavante raised USD 3.5 mn in funding to support its growth initiatives. The company plans to enhance its product offerings and improve its technology solutions. Additionally, Lavante is targeting expansion into new markets, with a focus on increasing its presence in North America and potentially entering European markets by the end of 2025.

## Funding rounds

- Series C, Dec 14, 2010, $8M — Venrock, ATA Ventures Management, Sapphire Ventures
- Series B, Apr 8, 2009, $5M — Venrock, ATA Ventures Management
- Series A, Feb 26, 2008, $5M — Venrock, ATA Ventures Management

## Investors

- Venrock (https://capitalatlas.ai/funds/venrock) — Series A, Series B, Series C
- ATA Ventures Management (https://capitalatlas.ai/funds/ata-ventures-management) — Series A, Series B, Series C
- Sapphire Ventures (https://capitalatlas.ai/funds/sapphire-ventures) — Series C
