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Vendr raises $4M from David Sacks’s Craft Ventures to reduce SaaS bills

When TechCrunch last checked in with the Y Combinator-backed Vendr in October, the company had just raised $2 million, and was crowing about its profitability. Profitable seed-stage companies aren’t super common, so the startup stood out.
Today Vendr is back with more news, namely that it has raised $4 million more, this time led by Craft Ventures, the venture capital shop associated with well-known tech denizen David Sacks. TechCrunch wanted to know why a profitable company would go back to the well so quickly, so I got on the phone with Vendr CEO Ryan Neu to get a handle on the latest.
The timing felt propitious. Vendr tries to help save companies money on their software purchasing — both net-new and re-ups — and given that the startup world just took two punches out of its collective belt, perhaps Vendr was riding some tailwinds.
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