# VendorPM: Information technology & services, Toronto, Canada

> VendorPM: VendorPM is a PropTech company based in Toronto, Ontario, that specializes in modernizing the relationship between property managers and service...

Source: https://millionrounds.com/startup/vendorpm (Millionrounds; every figure on the page links to its filing or article)

Canada · [Information technology & services startup](https://millionrounds.com/companies)

# VendorPM

VendorPM is a PropTech company based in Toronto, Ontario, that specializes in modernizing the relationship between property managers and service vendors.

Funding reported Last round: Series A

Information technology & services Toronto, Canada

Company summary

- **Founded:** 2019 7 years old
- **Team:** 71 51 to 200 people
- **Funding reported:** 26.1M as listed, currency not stated
- **Last round:** Series A Aug 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for VendorPM has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About VendorPM

VendorPM is a PropTech company based in Toronto, Ontario, that specializes in modernizing the relationship between property managers and service vendors.

Founded in 2019, VendorPM has developed a comprehensive Vendor Lifecycle Management (VLM) platform that streamlines vendor management, sourcing, procurement, and compliance for the commercial real estate industry. The platform connects property management groups with vetted vendors, facilitating efficient project management across over 6,000 buildings in the United States and Canada. The VendorPM platform includes several core modules, such as vendor management and credentialing, sourcing and procurement, compliance management, and contract management. These features help property managers automate processes, ensure compliance, and optimize vendor spending. With a growing network of over 50,000 vendors and significant funding, VendorPM is positioned as a leader in the PropTech space, committed to enhancing the efficiency of vendor management in commercial real estate.

## What company datasets say VendorPM raised

Funding, as reported

Reported in all **26.1M** in the source's currency

Rounds **4**

Last round **Series A**

Last round size **20M**

Last round date **Aug 2022**

Investors listed **12**

## On 5 portfolio pages

Investors who name them

- [Prudence](https://millionrounds.com/fund/prudence)
- [Relay Ventures](https://millionrounds.com/fund/relay-ventures)
- [Navitas Capital](https://millionrounds.com/fund/navitas-capital)
- [Contest Point](https://millionrounds.com/fund/contest-point)
- [RXR ARDEN Digital Ventures (RADV)](https://millionrounds.com/fund/radv)

Each firm lists VendorPM on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

service planning erp integration invoicing management vendor data integration project management bidding process simplification service project monitoring w9 verification vendor bid platform distribution vendor renewal management vendor sourcing construction & real estate enterprises vendor management platform facility management

Built with from their website

Google Tag Manager Amazon CloudFront Salesforce Marketing Cloud HREF Lang AWS Trusted Advisor Yardi Google Cloud Linkedin Insight Tag Google Ads Google Workspace

+8 more

CloudFlare Viewport Meta LinkedIn Ads Copilot IBM ILOG CPLEX Optimization Studio Hubspot PostgreSQL webpack

- **Sector:** Information technology & services
- **Industry code:** NAICS 54133, 513210, SIC 6531, 7372
- **Region:** Ontario
- **Revenue:** 12M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/vendorpm)

## Information technology & services in Canada

Startups like it

- [**Cohere** Toronto · founded 2019 *Raised*](https://millionrounds.com/company/cohere)
- [**Hopper** Montreal · founded 2007 *Raised*](https://millionrounds.com/company/hopper)
- [**Top Hat** Toronto · founded 2009 *Raised*](https://millionrounds.com/company/top-hat)
- [**neuvoo** Montreal · founded 2011 *Raised*](https://millionrounds.com/company/neuvoo)
- [**TrackTik** Montreal · founded 2010 *Raised*](https://millionrounds.com/company/tracktik)
- [**Elastic Path** Vancouver · founded 2000 *Raised*](https://millionrounds.com/company/elastic-path)
- [**Benevity** Calgary · founded 2008 *Raised*](https://millionrounds.com/company/benevity)
- [**gaiia** Montreal · founded 2023 *Raised*](https://millionrounds.com/company/gaiia)

## Is this your company?

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