Expent Inc
Expent Inc, a B2B operations company, accelerates software procurement for various teams, enhancing control over purchasing processes and is supported by notable investors like Y Combinator and Workday Ventures.
Company Overview
Expent Inc, formerly known as Expent, is based in Fremont, CA, with a fully remote team of 2. Operating in the B2B industry, Expent focuses on accelerating the software procurement process for teams. The company provides solutions that empower organizations with control over their purchasing processes. Expent's offerings support procurement, security, privacy, compliance, IT, and VMO teams, streamlining operations and improving efficiency.
Services
Expent Inc offers a comprehensive suite of services to streamline software procurement for various teams within an organization. Their marketplace facilitates sourcing, vendor selection, and procurement processes, including approval workflows and risk assessment. The platform also supports vendor onboarding, maintenance of a vendor catalog, performance and risk management, contract management, software asset management, a vendor portal, and renewal management. These services aim to accelerate procurement by a factor of five, providing organization-wide control over the process.
Industry and Sub-Industry
Expent Inc operates in the B2B industry, with a specific focus on operations. Their solutions address critical processes within business environments, targeting procurement teams and enhancing operational efficiency through faster software procurement. This enables organizations to maintain streamlined workflows and robust compliance measures across their operational framework.
Y Combinator and Venture Capital Support
Expent Inc was part of the Y Combinator W21 batch, a significant milestone that provided early-stage funding and strategic support. The company is also backed by notable venture capital firms including PJC, Workday Ventures, Unusual Ventures, and Global Founders Capital. This backing underscores investor confidence in Expent's potential to revolutionize software procurement and operational efficiency for businesses.
Notable Clients
Expent Inc is trusted by some of the most successful businesses in the industry, including Mastercard, Coinbase, and Autodesk. These partnerships highlight the company's capability to deliver reliable and efficient procurement solutions for large-scale, reputable organizations, further establishing Expent's credibility and effectiveness in the marketplace.