Green Cabbage announces a $40 million Series B investment from Sageview Capital to drive international expansion and enhance its procurement intelligence solutions.

Target Company Information

Green Cabbage is a leading provider of procurement intelligence, renowned globally for its innovative approach to spending analysis. With established offices in North America, Europe, and Asia, the company leverages its proprietary and secure platform to deliver precise insights at the Micro-SKU level, including commercial and legal term evaluations. This unique capability allows Green Cabbage to help private equity firms, consulting companies, and B2B enterprises achieve significant cost savings—ranging from 15% to 30%—on supplier agreements. Their expertise encompasses various dimensions of procurement, from pricing strategies and licensing to negotiation and training.

Industry Overview in the Procurement Sector

The procurement intelligence industry has seen substantial growth in recent years, driven largely by the increasing need for organizations to optimize their expenses and improve supplier relations. In the United States, this sector has been particularly dynamic, bolstered by technological advancements and the growing recognition of the value data-driven decision-making brings to procurement processes.

Companies are increasingly aware that strategic procurement not only lowers costs but also aids competitive positioning in a rapidly changing marketplace. As businesses pivot towards digita