VC EXIT: VendorPanel merges with Unimarket

We are delighted to share the news that VendorPanel, from our Venture Capital portfolio, has merged with Unimarket, a global source-to-pay procurement platform backed by Accel-KKR. Together they serve close to 450 customers across US, Canada, Australia and NZ, helping them achieve greater value, efficiency and innovation in procurement.  

Big congratulations to James Leathem and the whole VendorPanel team on the achievements to date. We are excited for VendorPanel and Unimarket’s future growth and look forward to seeing their continued global success!

Five V are proud to have been part of VendorPanel's journey since 2021, following our investment through Venture Capital Fund I.

To read the full press release, visit : https://s3.ap-southeast-2.amazonaws.com/vpweb/docs/Unimarket-and-VendorPanel-announce-merger.pdf [@IP do we compress links with a particular site?]

For more information on VendorPanel and UniMarket, visit: https://www.unimarket.com/bestofbreed/

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