Vendasta

OverviewSuggest Edit

Vendasta is a technology company that offers software and services to professionals who sell digital solutions to local businesses. It also provides white-labeled solutions, including its needs assessment, automated email marketing campaigns, customer relationship management (CRM), a marketplace of resellable apps, and other services.
TypePrivate
Founded2008
HQSaskatoon, CA
Websitevendasta.com
Employee Ratings4

Latest Updates

Employees (est.) (Jun 2022)566(+2%)
Revenue (FY, 2020)C$42.6 M(+24%)
Cybersecurity ratingBMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Vendasta

Brendan King

Brendan King

Chief Executive Officer
Richard Cheung

Richard Cheung

Chief Financial Officer
Jeff Tomlin

Jeff Tomlin

Chief Marketing Officer
Jacqueline Cook

Jacqueline Cook

Chief Operating Officer
Dale Hopkins

Dale Hopkins

Chief Technology Officer
George Leith

George Leith

Chief Customer Officer
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Vendasta Office Locations

Vendasta has an office in Saskatoon
Saskatoon, CA (HQ)
410 22 St E 15th Floor
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Vendasta Financials and Metrics

Summary Metrics

Founding Date

2008

Vendasta total Funding

$10.9 m

Vendasta latest funding size

$8.07 m

Time since last funding

9 years ago

Vendasta investors

Vendasta's latest funding round in March 2013 was reported to be $8.1 m. In total, Vendasta has raised $10.9 m
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Vendasta Revenue

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View revenue for all periods
Vendasta's revenue was reported to be C$42.56 m in FY, 2020
CAD

Revenue (FY, 2020)

42.6m

Gross profit (FY, 2020)

23.5m

Gross profit margin (FY, 2020), %

55.3%

Net income (FY, 2020)

(14.8m)

EBIT (FY, 2020)

(16.6m)

Cash (31-Dec-2020)

20.9m
CADFY, 2018FY, 2019FY, 2020

Revenue

28.1m34.5m42.6m

Cost of goods sold

11.8m13.5m19.0m

Gross profit

16.3m21.0m23.5m

Gross profit Margin, %

58%61%55%
CADFY, 2018FY, 2019FY, 2020

Cash

1.5m27.9m20.9m

Accounts Receivable

4.6m3.7m3.5m

Prepaid Expenses

408.1k601.6k1.0m

Current Assets

7.8m33.5m26.4m
CADFY, 2018FY, 2019FY, 2020

Net Income

(5.0m)(9.1m)(14.8m)

Depreciation and Amortization

493.7k548.7k884.1k

Cash From Operating Activities

(3.1m)(4.0m)(8.3m)

Purchases of PP&E

(208.5k)(457.0k)(507.4k)
CADFY, 2018

Revenue/Employee

100.1k

Financial Leverage

-5.4 x
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Vendasta Operating Metrics

Jun, 2022

Partners

60 k

Services Provided

11

Trademarks

5

Trademarks Pending

1

Vendasta Acquisitions / Subsidiaries

Company NameDateDeal Size
MatchCraftJanuary 11, 2022
CalendarHeroOctober 26, 2021

Vendasta Revenue Breakdown

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Vendasta revenue breakdown by business segment: 100.0% from Software

Vendasta revenue breakdown by geographic segment: 66.4% from United States, 10.9% from Canada, 19.8% from Partner Solutions and 2.9% from Other

Vendasta Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Vendasta Online and Social Media Presence

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Vendasta News and Updates

Vendasta acquires search, display & social advertising technology leader MatchCraft

Deal unites leading adtech platform with Vendasta’s robust martech platform and marketplace of products Deal unites leading adtech platform with Vendasta’s robust martech platform and marketplace of products

Vendasta makes second acquisition after dashed IPO plans, venture round

The company chose a $119.5 million venture round over an IPO in May. The post Vendasta makes second acquisition after dashed IPO plans, venture round first appeared on BetaKit.

Vendasta welcomes JazzHR to Marketplace

HR recruiting solution simplifies hiring for local businesses HR recruiting solution simplifies hiring for local businesses

Vendasta announces historic $119.5M round to revolutionize small business technology

Saskatoon-based software company partners with Lugard Road Capital and Nicola Wealth Saskatoon-based software company partners with Lugard Road Capital and Nicola Wealth

Vendasta introduces end-to-end platform automations

New features quash manual tasks, help partners serve more local business clients at scale New features quash manual tasks, help partners serve more local business clients at scale

Vendasta to hire 100 new employees in Saskatchewan

Saskatoon-based Vendasta, which has created a cloud commerce platform for small and medium businesses, has announced plans to add 100 jobs in the province...
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Vendasta Blogs

Vendasta Local Impact Awards winners announced

Vendasta has announced the winners of its inaugural Local Impact Awards, honoring companies providing innovative digital technology solutions and services to small and medium businesses (SMBs). The winners were revealed during Conquer Local Connect Thursday. The quarterly event brings together hundr…

How much to charge for website redesign

Determining how much to charge for website redesign can be difficult. This guide walks you through all the factors you need to consider. The post How much to charge for website redesign appeared first on Vendasta Blog.

The recipe for modern sales success: Conquer Local Connect, a virtual event

Accessibility, education, immersive experiences, and connections are all byproducts of attending a free event like Conquer Local Connect. Learn more. The post The recipe for modern sales success: Conquer Local Connect, a virtual event appeared first on Vendasta Blog.

Vendasta officially opens Saskatoon headquarters

Vendasta officially marked the opening of its new downtown Saskatoon headquarters with a ‘Toast to Local’ Friday afternoon. The company, which previously occupied most of the Avenue Building at 220 3rd Avenue South, began its relocation to its new headquarters at 22nd Street and 4th Avenue North in …

Zoho vs HubSpot: CRM showdown

If you’re looking for a sales CRM, you’re likely comparing platforms, like Zoho vs HubSpot. How do these two stack up against each other and other CRMs? The post Zoho vs HubSpot: CRM showdown appeared first on Vendasta Blog.

7 ways to get more positive reviews for company clients

Getting positive reviews for company clients can be an uphill battle. Use these ideas to get more online reviews and improve your clients’ brands. The post 7 ways to get more positive reviews for company clients appeared first on Vendasta Blog.
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Vendasta Frequently Asked Questions

  • When was Vendasta founded?

    Vendasta was founded in 2008.

  • Who are Vendasta key executives?

    Vendasta's key executives are Brendan King, Richard Cheung and Jeff Tomlin.

  • How many employees does Vendasta have?

    Vendasta has 566 employees.

  • What is Vendasta revenue?

    Latest Vendasta annual revenue is C$42.6 m.

  • What is Vendasta revenue per employee?

    Latest Vendasta revenue per employee is C$75.2 k.

  • Who are Vendasta competitors?

    Competitors of Vendasta include Thryv, BirdEye and Dealer-FX.

  • Where is Vendasta headquarters?

    Vendasta headquarters is located at 410 22 St E 15th Floor, Saskatoon.

  • Where are Vendasta offices?

    Vendasta has an office in Saskatoon.

  • How many offices does Vendasta have?

    Vendasta has 1 office.