OUR STORY

We Built the Benchmarking Service Procurement Teams Always Needed

VendorBenchmark was founded by enterprise sourcing veterans who watched organizations overpay for software year after year. Upload your vendor contract — we deliver a full pricing benchmark and discount analysis within 24 hours.

Founded 2021 500+ Vendors Covered SOC 2 Type II Certified No Vendor Affiliation
$2.1B+
Contracts Benchmarked
4B+
Data Points
500+
Vendors Covered
26%
Avg Savings Found
Enterprise contract documents and pricing analysis on a desk
EST. 2021 — ENTERPRISE PRICING INTELLIGENCE
HOW IT STARTED

The Problem Was Always the Same

Every year, enterprise procurement teams would sit across the table from Oracle, SAP, Microsoft, or Salesforce — and negotiate blind. They knew the vendor's ask. They had no idea what comparable companies were actually paying, or what discount was actually achievable.

The vendor sales teams were armed with discount playbooks, margin models, and renewal tactics optimized over decades. Procurement teams had nothing but instinct and whatever their consultant was willing to share.

VendorBenchmark was built to fix that permanently. You upload your vendor contract or proposal. Our analysts benchmark it against verified real-world transaction data — discount levels, unit pricing, commercial terms — and deliver a full pricing intelligence report within 24 hours.

We are not affiliated with any vendor. We don't take placement fees, referral commissions, or reseller margins. Our only incentive is to give you accurate data that saves you money.

"Everyone benchmarks Oracle and SAP. We benchmark the vendors ranked #20 through #500 — the contracts where procurement teams have the least visibility and vendors have the most pricing power."
VendorBenchmark founding principle
HOW WE OPERATE

Four Principles That Drive Everything We Do

These aren't aspirational values on a wall. They're operational constraints we hold ourselves to — on every engagement, for every contract we benchmark.

01
Data Over Opinion
Every recommendation we make is anchored to real transaction data. We don't offer "industry estimates" or analyst guesses. If we can't back a number with verified transactions, we don't publish it.
02
Structural Neutrality
We have zero financial relationships with any software vendor. No referral fees, no reseller margins, no co-marketing agreements. Our revenue comes entirely from clients. Our interests are aligned with yours — not theirs.
03
Confidentiality by Design
Every data point we collect is anonymized before it enters our database. We publish ranges, percentiles, and aggregates — never individual company transactions. SOC 2 Type II certified. NDA available on every engagement.
04
Speed That Matches Reality
Enterprise procurement timelines don't wait. When your vendor calls with a "deadline" on a renewal, you need benchmark data in 24 hours, not three weeks. Upload your contract today — your analysis is delivered by tomorrow.
THE CO-FOUNDERS

Built by People Who've Sat on Your Side of the Table.

VendorBenchmark was founded by enterprise sourcing practitioners who spent years watching procurement teams get outplayed by vendor sales machines. They built the service they always wished existed.

Architectural detail representing VendorBenchmark co-founder Fredrik Filipsson
Fredrik Filipsson
Co-Founder, Vendor Benchmarking LLC
Co-founder of Vendor Benchmarking LLC. Previously at IBM, SAP, and Oracle. 21 years of enterprise software negotiation experience across Oracle, SAP, Microsoft, and Salesforce commercial terms. Has led benchmark engagements covering hundreds of millions in contract value for Fortune 500 procurement teams.
Corporate architecture representing VendorBenchmark co-founder Morten Andersen
Morten Andersen
Co-Founder, Vendor Benchmarking LLC
Co-founder of Vendor Benchmarking LLC. Previously at IBM, Gemalto, and Oracle. 23 years of enterprise software negotiation experience. Built the benchmark normalization methodology and transaction verification framework underpinning VendorBenchmark's analysis — covering 500+ vendors and thousands of verified real-world deal data points.
COMPANY TIMELINE

How We Got Here

2021
Founded. First 50 customers. Oracle and Microsoft benchmark data verified. Initial SOC 2 audit initiated. Seed funding closed to build out the data normalization engine.
2022
Service launch. Contract upload workflow live. AWS and Salesforce benchmarks added. First Fortune 500 customer goes live. $120M in contracts benchmarked in year one. 24-hour turnaround standard established.
2023
SOC 2 Type II certified. Coverage expanded to 200+ vendors. AI and machine learning vendor category launched. Series A closed. Confidential submission workflow released.
2024
500+ vendors. 4 billion+ verified data points across enterprise software, cloud, and AI. GDPR compliance framework completed. First PE operating partner cohort begins portfolio-wide benchmarking programme.
2025
$2.1B benchmarked. Coverage expanded beyond the obvious top 10 to 500+ vendors — including mid-market enterprise software where pricing opacity is highest. Industry-vertical benchmarking released for financial services, healthcare, and manufacturing.
2026
Today. 24-hour report delivery standard. Benchmarking vendors ranked #20 through #500 — not just the household names. Expanding to international pricing normalization and PE portfolio benchmarking programmes.
WHAT CUSTOMERS SAY

The Service That Changed How We Negotiate

VP of IT Procurement headshot
VP, IT ProcurementGlobal Pharmaceutical Company

"We uploaded our Oracle renewal proposal on a Monday morning. By Tuesday we had a full benchmark report showing we were 34% above market on three product lines. We went back to Oracle with that data and saved $3.2M across two renewal cycles."

Director of Strategic Sourcing headshot
Director, Strategic SourcingFortune 500 Retailer

"The service pays for itself in a single renewal. We submitted our Salesforce proposal on a Friday, had benchmark analysis back the same day, and negotiated the contract down by $420K. The ROI is not even close."

PE Operating Partner headshot
Operating PartnerPrivate Equity Portfolio

"We run contract benchmarking across every portfolio company at acquisition. It's become a standard part of our 100-day plan. Typically uncovers $500K–$2M in software savings — and the vendors aren't even the obvious ones. Half the value comes from vendors ranked outside the top 20."

GET STARTED TODAY

Upload Your Contract. Know What You Should Pay.

Over $2.1B in contracts benchmarked. 26% average savings found. Upload your vendor proposal and get a full pricing benchmark analysis within 24 hours.