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VenLink Announces Series A Funding

VenLink secures funding to expand vendor management platform for industrial operators.

June 1, 2024VenLink Communications

VenLink Raises Series A to Expand Vendor Management Platform

**Austin, TX** — VenLink, the vendor management platform built for industrial operators, today announced the completion of its Series A funding round. The investment will accelerate platform development and expand VenLink's presence in the energy, construction, and manufacturing sectors.

About VenLink

VenLink transforms vendor management from a compliance burden into an operational advantage. The platform provides real-time visibility into vendor readiness, automates compliance tracking, and integrates with existing ERP and AP systems.

Founded in 2022 by operators with decades of experience in E&P and industrial operations, VenLink addresses the vendor management challenges that generic solutions overlook.

Platform Highlights

  • **Readiness Ledger**: Real-time vendor compliance status
  • **Self-Service Onboarding**: Vendors maintain their own documentation
  • **Automated Verification**: Insurance, TIN, license validation
  • **ERP Integration**: Direct connection to AP workflows
  • **Complete Audit Trails**: Every action tracked and timestamped
  • Leadership Comments

    "Industrial operators have been underserved by vendor management technology," said Mark Brown, CEO of VenLink. "Generic solutions don't understand the operational realities of managing hundreds of contractors in regulated environments. We're building the platform we wished we had when we were running operations."

    Next Steps

    VenLink will use the funding to expand its engineering team, accelerate feature development, and grow its customer success organization to support new customers across the industrial sector.


    For more information, contact press@venlink.com

    Ready to Learn More?

    See how VenLink transforms vendor management for industrial operators.