back to insights

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/

Related Articles

Venture Capital: Five V Invests in Lyrebird

The Five V Capital Venture Capital team is excited to announce our investment in Lyrebird Health

READ MORE

Frontier Fund 1: Final Close $325 Million

Five V Capital is thrilled to announce the final close of Frontier Fund I at the hard cap of $325m.

READ MORE

Five V Invests in Questas Group

We’re pleased to announce Five V’s investment in Questas Group, our third investment in Fund V.

READ MORE