# Vendor Registry

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vendor-registry

- Industry: Software
- Headquarters: Knoxville, US
- Website: www.vendorregistry.com
- Total disclosed funding: $1.8M
- Latest round: Seed (Dec 1, 2016)
- Investors on record: 5

## About

Vendor Registry provides procurement solutions designed for local government agencies and vendors participating in public bidding, optimizing the process through its vendor management platform.Vendor Registry, founded in 2011 and headquartered in Knoxville, US, specializes in procurement solutions for local government entities. The company's founder, Chris Van Beke, has a history of entrepreneurship, although details of previous ventures are not specified. The company has executed a single deal, notably raising USD 1.8 mn in Seed funding in December 2016 from investors including Allos Ventures and Cantos Ventures.Vendor Registry specializes in comprehensive procurement solutions tailored for local governments and vendors involved in public bidding. Their vendor management platform enhances efficiency by providing hand-coded government bids and real-time alerts, enabling vendors to seize bidding opportunities across the US and select regions.The company generates revenue through a subscription-based model where public purchasers and vendors pay for access to the procurement platform and services. Public entities subscribe to vendor management tools, while vendors may incur costs for premium features, creating a stable financial base through ongoing subscriptions.Following the most recent funding round in December 2016, where Vendor Registry raised USD 1.8 mn, the company plans to develop new products aimed at enhancing its platform functionalities. Additionally, it is targeting expansion into new geographic markets to increase its user base and improve service delivery by the end of 2024. The recent funding will support these initiatives, including the development of new features and outreach efforts in newly identified regions.

## Funding rounds

- Seed, Dec 1, 2016, $1.8M — Allos Ventures, Chattanooga Renaissance Fund, Cantos Ventures, VentureSouth, The Lighthouse Fund

## Investors

- Allos Ventures (https://capitalatlas.ai/funds/allos-ventures) — Seed
- Chattanooga Renaissance Fund (https://capitalatlas.ai/funds/chattanooga-renaissance-fund) — Seed
- Cantos Ventures (https://capitalatlas.ai/funds/cantos-ventures) — Seed
- VentureSouth (https://capitalatlas.ai/funds/venturesouth) — Seed
- The Lighthouse Fund (https://capitalatlas.ai/funds/the-lighthouse-fund) — Seed