Vndly, a Cincinnati, OH-based cloud workforce management systems provider, raised $8.5m in Series B-1 funding.
The round, which brought external funding total to $57.5m, was led by Madrona Venture Group. In conjunction with the funding, Madrona’s Steve Singh will join the Vndly board.
The company will use the funds to continue global expansion, and product development that includes building out new software modules.
Founded in 2017 and led by Shashank Saxena, CEO, Founded in 2017, Vndly provides companies with a SaaS Work Management System (WMS) to manage the the entire non-employee engagement lifecycle from talent acquisition to training to payment and offboarding. The platform is composed of four modules: contingent workforce management, statement of work (SOW) management, independent contractor (IC) compliance, and total talent acquisition.
The company already has many Fortune 500 clients.
FinSMEs
05/05/2020