Terzo Technologies, Inc., a Los Angeles, CA-based provider of a SaaS based enterprise Vendor Relationship Management platform, raised $16.3M in Series A round. The round was led by Align Ventures and joined by TYH Ventures, J.A.S Ventures, Human Capital, Gregory Guggenheim, Engage and Align Ventures.
Terzo intends to use this money to continue to expand operations and its business reach.
Founded in 2020 and Led by Brandon Card, CEO, Terzo provides a SaaS based Vendor Relationship Management (VRM) platform for enterprises to gain insights to drive innovation, improve governance, increase collaboration and optimize performance. This cloud computing company that develops Contract Intelligence Software. Terzo’s AI-powered contract intelligence delivers instant visibility across your supply chain and contracts.
Traditional CLMs are glorified storage repositories that were not designed for the buy-side use case. Terzo’s CLM was designed on the foundation of contract intelligence, providing business teams the necessary data to improve productivity, optimize spend, and manage risk and governance across their entire supplier ecosystem. Terzo has global operations across the United States, Canada, and India.
