Response Analysis: $4M Raised
What is Response?
Response centralizes purchasing, optimizes indirect spend, and provides analytics to streamline procurement activities for companies.
Employees
8
Founded
2019
Revenue
$30.4M
Product Features & Capabilities
- Centralized purchasing, PO management, personalized storefront, agile approvals, pre-approved products, powerful analytics, spend policy definition, vendor integration, savings insights.
Pricing
-
Starter Plan: $599+/month
- Users: Up To 10
- Locations: Up To 3
- Features: Centralized Order Management, Purchase Order Management, Automated Approvals, Role-Based Access, Marketplace Access, Multi-Vendor Checkout, Basic Analytics & Reporting, 3-Way Matching
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Pro Plan: $999+/mont
How much Response raised
Seed - $4M
Not specified in the sourceLead Investor: Y Combinator, Twenty Two Ventures, strategic angel investors from Flexport, Anduril, Ramp, Scale
Who are the founders of Response
KS
Keivan Shahida
Co-founder & CEO
Market Focus
The company Response primarily focuses on the procurement and spend management industry, specifically helping organizations manage indirect spending through centralized purchasing and analytics.
Investors
- Y Combinator
- Twenty Two Ventures
- Strategic angel investors from Flexport
- Strategic angel investors from Anduril
- Strategic angel investors from Ramp
- Strategic angel investors from Scale
Competitors Overview
The main competitors of Response in the indirect spend management and procurement market include:
- SAP Ariba: A leading procurement solution that offers comprehensive spend management capabilities, including supplier management, procurement, and contract management. Its advantage lies in its
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