Vertice, a London-based startup, has raised $50 million in Series C funding to enhance its AI-driven SaaS spend management platform. Founded less than three years ago, the company has experienced remarkable growth, increasing revenue by 13 times. The new funding, led by Lakestar, aims to standardize procurement processes across various sectors. Vertice's innovative platform analyzes software usage to optimize purchasing and reduce costs, with clients including major firms like ASML and Santander. This funding round brings Vertice's total raised to around $100 million, reflecting its strong market presence.