Key notes: RecoVend is a collaborative purchasing platform for people in the academic profession to find and share information on goods and services.
Office address: Providence, Rhode Island, United States
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't because they are stuck in an inefficient, offline and non-collaborative buying process. RecoVend'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're getting the best price possible based on our global data sets.
http://www.crunchbase.com/organization/recovend
$ 50,000 over 1 funding rounds.
| Date | Name | $ Invested | Crunchbase link |
|---|---|---|---|
| 2012-04-01 | seed | $ 50,000 | Detailed data |
| Round Date | Round Name | Investor | Crunchbase Link |
|---|---|---|---|
| 2012-04-01 | seed | Betaspring | Investor Profile |
To update the information on funding or number of employees, please do that directly on Crunchbase.
Created: 07-Nov-2012, 14:53
Last Crunchbase update: 01-Jul-2019, 05:15
Last modified: 08-Mar-2021, 05:15
Country: USA