What Concertiv does

Concertiv is a New York-based procurement-as-a-service provider founded in 2014 that serves 75+ middle-market financial and professional services firms, including private equity firms, hedge funds, asset managers, and boutique investment banks. The company addresses a structural gap in mid-market financial services: these firms typically lack the scale to justify dedicated internal procurement teams yet face material exposure to vendor price increases (reported at 35–50% YoY in some categories), unmanaged contract renewals, and fragmented spend across front, middle, and back offices. Concertiv manages $600M+ in annual spend across 1,700+ active contracts and 2,000+ suppliers, delivering documented client savings of 20%+ across Travel, Market Data, Technology, and Insurance categories, with case-study ROI of 4.2x over a five-year period.

The company's core technology is Concertiv360 (C360), a proprietary cloud-based platform launched in April 2024 that centralizes contracts, licenses, vendor information, spend data, and benchmarking insights into a single source of truth. C360 provides real-time spend visibility, automated renewal alerts, invoice reconciliation, user access and entitlement management, and peer benchmarking, with reports delivered via Power BI, Excel, and PowerPoint. In May 2025, Concertiv extended the platform with a Travel Online Booking Platform that embeds pre-negotiated pricing and policy into the booking workflow. The platform is paired with dedicated managed service teams — each client is assigned an Account Manager, Client Engagement Manager, and Client Success Manager, with each resource covering 5–6 clients.

Concertiv's business model is subscription-based managed services, billed annually with quote-based / negotiated pricing per client and a nominal onboarding fee for data ingestion and workflow setup. The company operates a sales-led, enterprise field motion targeting CFOs, COOs, and CIOs at mid-market financial firms ($500M–$10B+ AUM), with multi-week onboarding (4–6 weeks). Concertiv is privately held, majority-owned by Long Arc Capital, LP since March 2021, and is headquartered at 180 Madison Avenue, New York.

Name

Concertiv

Legal name

Concertiv, Inc.

Website

https://concertiv.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Short description

Concertiv is a New York-based procurement-as-a-service provider serving 75+ middle-market financial and professional services firms. It centralizes vendor contracts, market data, and corporate travel procurement through its proprietary Concertiv360 platform and dedicated managed service teams.

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Managed Procurement-as-a-Service: Concertiv provides end-to-end procurement management for business travel and market data, functioning as a fully managed service. Pricing is likely subscription/recurring in nature, based on the managed services model with dedicated Client Engagement Managers and Client Success Managers assigned per client. A nominal onboarding fee is charged for data ingestion, contract uploads, and workflow setup. The company manages 1,700+ active contracts and $600M+ in annual spend under management.

Pricing tiers

Go-to-market motion3 records

Distribution channels1 record

Marketing channels9 records

Core offering

Concertiv provides fully managed Procurement-as-a-Service for 75+ middle-market financial and professional services firms, covering business travel and market data spend categories. Services include vendor curation, contract negotiation and renewals, user access and entitlement management, invoice reconciliation, cost allocation, and benchmarking — all delivered through the proprietary Concertiv360 (C360) platform with dedicated account teams assigned per client.

Product overview

Concertiv operates as a procurement-as-a-service firm offering a unified platform (Concertiv360/C360) supported by managed service offerings. The core Concertiv360 platform consolidates contracts, licenses, and vendor information for centralized procurement management, paired with specialized service lines covering Business Travel (hotel/flight curation, policy configuration, preferred pricing) and Market Data (vendor selection, contract negotiation, entitlements management, invoice reconciliation, benchmarking).

Differentiator

Problem solved

Functional benefit

Products and services

• Concertiv360 (C360) Concertiv's proprietary centralized platform that consolidates contracts, licenses, and vendor information into a single source of truth, enabling seamless procurement management, real-time spend visibility, automated renewal alerts, usage analytics, peer benchmarking insights, invoice reconciliation, and license/entitlement management.
• Business Travel Services Comprehensive travel procurement service that curates hotels and flights, aggregates client-wide volume for preferred pricing, defines travel policy, and embeds pricing into a configured booking experience to drive in-policy travel for middle-market financial firms.
• Market Data Services Full-service market data procurement including vendor selection, contract negotiations and renewals, user access and entitlements management, invoice reconciliation, cost allocation across users and departments, and spend and benchmarking reports.
• Travel Online Booking Platform Online travel booking tool integrated into the Concertiv platform that enables clients to book business travel in-policy, with pricing and policy embedded directly into a configured booking experience.

Quantifiable outcome

• Clients save more than 20% across key spend categories (Travel, Market Data, Technology, Insurance)
• +7 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered minor.

• KovrrminorStrategic or Co-development Partner · 1 February 2023Concertiv partnered with Kovrr (cyber risk mitigation experts) to co-host a thought leadership webinar on 'Future-Proof Your Cyber Risk Strategy.' The webinar covered how cyber security is evolving into cyber risk management programs driven by financially quantified insight, real-world examples of rising cyber risks and costs, and a tech-enabled approach to quantifying cyber risk exposure. The partnership provided educational content for Concertiv's client base on SEC cybersecurity regulations effective September 2022.
• PreqinminorStrategic or Co-development Partner · 23 November 2021Concertiv partnered with Preqin (a leading private markets data provider) to discuss market data outlook for professional services firms. The collaboration focused on providing insights into market data trends, vendor landscape changes, and procurement optimization strategies for private equity and asset management firms.
• Eze Castle Integration (ECI)minorStrategic or Co-development Partner · 1 February 2021Concertiv co-hosted a webinar with Eze Castle Integration (ECI) on IT Budgeting and Planning. The discussion covered building consensus on IT budgets across Technology, Finance, and Management; budgeting approaches for maintenance, investment, and downside cases; methodologies for forecasting vendor costs and cash flow; and reporting on performance vs. budget. Featured speakers included Rich Itri (SVP, Professional Services, ECI), Josh Webman (COO & Co-President, Concertiv), and John Brennan (CSO, ECI) as moderator.

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Coupa Software: Coupa is a leading cloud-based procurement and spend management platform serving enterprises across multiple verticals. It is comparable to Concertiv as a procurement software provider, but operates broadly across all industries rather than specializing in middle-market financial services.
• SAP Ariba: SAP Ariba is one of the largest enterprise procurement platforms, offering sourcing, contract management, and supplier management. It is comparable to Concertiv as a procurement platform serving large organizations, but targets Fortune 500 enterprises rather than middle-market financial firms.
• BCD Travel: BCD Travel is one of the largest global corporate travel management companies, serving enterprises across industries including financial services. It overlaps with Concertiv's Business Travel procurement offering through corporate travel management, negotiated supplier rates, and policy compliance.

Direct peers

• Navan (formerly TripActions): Navan is a corporate travel and expense management platform combining software with managed services, serving mid-market and enterprise finance teams. It directly overlaps with Concertiv's travel procurement offering and embedded booking experience, though it serves a broader set of industries.
• CTM (Corporate Travel Management): CTM is a global corporate travel management company providing managed travel services, negotiated supplier rates, and reporting for corporate clients. It directly competes with Concertiv's Business Travel procurement line, particularly for financial services and professional services clients.

Emerging players

• Zip: Zip is an emerging procurement and intake management platform serving modern finance teams with automated workflows and vendor management. It overlaps with Concertiv's procurement-as-a-service model through software, though it focuses on self-serve rather than fully managed services.
• SimCorp: SimCorp provides investment management operations software including vendor and data management for asset managers and institutional investors. It is comparable to Concertiv as a vendor and operations management provider serving the asset management vertical, though it focuses on front-to-back-office investment operations.
• Ramp: Ramp is a corporate spend management platform combining corporate cards, expense management, and procurement automation. It is comparable to Concertiv as a vendor and spend management provider, though it focuses on broader business spend rather than market data and travel specialization.
• Confluence: Confluence provides financial data and operations management software specifically for asset managers, including performance, reporting, and reconciliation. It is comparable to Concertiv as a specialized financial services operations vendor serving the same asset management client base.
• Ivalua: Ivalua is a cloud-based procurement and supplier management platform with strong capabilities in spend analysis, sourcing, and contract management. It is comparable to Concertiv as an enterprise procurement platform, though it serves a broader set of industries rather than specializing in middle-market financial services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Concertiv