Company Overview

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Founded:
1998
Headquarters:
Newtown Square, PA
Funding:
$6.20M
Categories:
Software

Frictionless Commerce is a provider of supplier relationship management software for purchasing organizations.

Description

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Frictionless Commerce, Inc. delivers supplier relationship management software to the purchasing organizations. It offers Sourcing software, an enterprise sourcing platform that minimizes the cost of acquisition for various direct and indirect materials, services, and capital equipment. The company serves banking, insurance, professional services, consumer products, discrete manufacturing, life sciences, telecommunications, and utilities markets. Frictionless Commerce, Inc. was founded in 1998 and is based in Newton Square, Pennsylvania with an additional office in London, England. As of June 5, 2006, Frictionless Commerce, Inc. is a subsidiary of SAP AG.

Funding Rounds (1) - $6.20M

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Investors (4)

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  • 7a9b91d85ad2b723c2ce72393e53296f

    Lake Street Capital

    Lake Street Capital is a leader in the secondary direct market. They are focused on acquiring..
  • 7b54b0fec3ea142001b9639cc6d17267

    RRE Ventures

    Venture Capital Firm
  • C4d98fd27f8fa447d8201247f6b3377f

    Polaris Partners

    Polaris Partners is a venture company investing in digital media, life sciences, and enterprise..
  • 63774c2350fe0a7e65df2d8dda7254a6

    Draper Richards

    Draper Richards is a venture capital firm investing in early-stage technology companies.

Offices/Locations (1)

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  • HQ

    Newtown Square, PA

    USA