VNDLY, Inc., a cloud-based Work Management System (WMS) announced that it has closed a $35 million Series B funding round led by Insight Partners. The funding round saw participation from Battery Ventures, Hyde Park Venture Partners, EPIC Ventures, Bowery Capital, and the Cintrifuse Syndicate Fund. This new funding round brings VNDLY’s total funding to $49 million. The company was founded by Shashank Saxena in 2017.
This round will serve as a foundation for continued product innovation, global expansion, and the continued investment in customer service and support.
Shashank Saxena, Co-Founder and CEO, VNDLY Inc. said, “We are incredibly excited about this new round of funding and the investments it enables us to make. We are extremely grateful and humbled by the trust and faith our customers and the investment community have placed in us.”
VNDLY has added multiple new clients this year, including twelve Fortune 500 companies, half of which are financial services clients. VNDLY’s diverse customer roster currently spans across Healthcare, Financial Services, Retail and Consumer Goods, Automotive, Oil and Gas, Energy and Utilities, Manufacturing and Distribution, and Higher Education.
