Vendry Uses Venture Investment on New Platform

Event-management startup The Vendry will launch its new venue and vendor sourcing platform The Vendry Pro on Nov. 30, the company announced Wednesday.

Vendry secured $6.5 million from New York City venture firms to create and launch the new platform, according to the company. The new platform provides request-for-proposals tools, a venue and vendor marketplace, centralized knowledgebase and networking group.

Vendry said its current client portfolio includes NYC venture capital firm AlleyCorp, mobile payment service CashApp and life sciences technology company Flatiron Health.

Angelique Platas www.businesstravelnews.com