RecoVend
RecoVend is a collaborative purchasing platform for people in the academic profession to find and share information on goods and services.
Business Model:
Revenue: $0
Employees: 1-10
Rankings
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Detailed RecoVend Information
Geographic Data
Address:
City: Providence
State: Rhode Island
Zip:
Country: United States
Financial Info
Stage:
seed
Raised Last:
$50k
Raised Total:$50k
Social
Metrics
0Website Global Rank
0Website Monthly Traffic
Twitter Followers
Description
RecoVend saves colleges and schools time and money by streamlining their purchasing of goods and services. Faced with declining funding and tighter budgets, these schools need to spend their money more efficiently. However, right now, they can&s;t because they are stuck in an inefficient, offline and non-collaborative buying process. RecoVend&s;s purchasing platform empowers colleges and administrators to work together to discover, research and buy the products they need at the best price possible. We make it easy for schools to collaborate on purchasing, both internally across departments and externally across multiple institutions to drive economies of scale and get better pricing while accessing real time spending analytics that help ensure they&s;re getting the best price possible based on our global data sets.
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| Announced Date | Company | Transaction | Money Raised |
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| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 4/2012 | Seed Round | 1 | $50k |
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Employee Departments
Employee States
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Revenue: 0 - 100000 Employees: 51 - 500 Industry: Education |
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Revenue: 0 - 100000 Employees: 11 - 50 Industry: Industrial |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Advertising |
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