Vergo
- Company typePrivate
- Founded2021
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Vergo firmographics
Firmographics- Name
- Vergo
- Legal name
- Vergo Technology Inc.
- Website
- https://getvergo.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Vergo industry classification
Industry- Product category
- Construction Financial Software
- NAICS
- Computer Systems Design and Related Services (54151)
- SIC
- Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Accounts Payable Automation & Supplier Payments (FSAGAJAD)
- akta.pro secondary industry
- Expense Management & Employee Reimbursements (FSAGAJAE)
Keywords
Where Vergo is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Vergo business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Expense Management Subscription: Per-user monthly subscription for AI-driven expense management platform. Includes credit card connection, receipt capture, AI categorization, approval workflows, ERP integration, and enterprise-grade security. Users are only billed for active users, enabling easy scaling as teams grow.
- AP Automation Usage: Per-invoice pricing model for accounts payable automation. AI processes invoices, routes for approval, detects duplicates, and syncs to ERP. No seat-based cost - customers pay only for invoices processed.
- Full Suite Bundled Package: Bundled offering combining Expense Management, Reimbursements, and AP Automation at a discounted custom price. Includes all platform features, custom roles, ERP integration, and dedicated support.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Per seat | Monthly | Expense Management: $5/month/user + platform fee |
| Usage-based | Pay-as-you-go | AP Automation: $0.50/invoice + platform fee |
| Subscription | Monthly | Full Suite: Custom bundle pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
Vergo product offering
Product offeringCore offering
Vergo provides an AI-powered expense management and accounts payable automation platform built exclusively for the construction industry. The platform handles job cost coding, native ERP syncing, mobile receipt capture, approval workflows, and automated invoice processing for construction-related expenses and vendor bills.
Product overview
Vergo is a unified construction finance platform built exclusively for the architecture, engineering, and construction (AEC) industry. The platform consists of three integrated modules: Expense Management (core credit card expense tracking and receipt automation), Reimbursements (automated out-of-pocket and mileage expense workflows), and AP Automation (vendor and subcontractor invoice processing). All modules share common infrastructure including AI-powered job cost coding, construction-specific ERP integrations (Viewpoint, Sage, Foundation, Acumatica, CMiC, QuickBooks), approval workflows, and ERP sync. The Full Suite bundle packages all three modules together at a discount.
Differentiator
Problem solved
Functional benefit
Products and services
- Expense Management
- Reimbursements
- AP Automation
- Full Suite (Expense + Reimbursements + AP Automation)
Quantifiable outcome
- Credit card reconciliation time reduced from 10 days to 2 days (Pacific Tech)
- +4 more outcomes
Companies that use Vergo
Customer profileNamed customers27 records
Segments5 records
Ideal customer profiles1 record
Vergo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration19 records
AI capability8 records
Feature7 records
Vergo partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and secondary.
- Viewpoint (Vista & Spectrum)coreNative integration with Viewpoint Vista and Viewpoint Spectrum construction ERP systems. Maps transactions to correct Job Number, Cost Type, Cost Code, and GL Account. Setup typically takes under one week.
- Foundation SoftwarecoreNative integration with Foundation Software. Maps every transaction to correct Job Number, Cost Code, Cost Type, and GL Account in Foundation's construction accounting module.
- Sage (Sage 300 CRE, Sage 100 Contractor, Sage Intacct Construction)coreNative integrations with Sage 300 CRE, Sage 100 Contractor, and Sage Intacct Construction. Maps transactions to correct Job, Cost Code, Category, and GL Account specific to each Sage product.
- AcumaticacoreNative integration with Acumatica Construction, mapping transactions to correct job cost and GL accounts.
- CMiCcoreNative integration with CMiC construction ERP for job cost coding and AP automation.
- QuickBookscoreIntegration with QuickBooks Desktop and QuickBooks Online for smaller construction companies.
- PlaidcoreVergo uses Plaid to connect customer accounts with their bank accounts, verify bank accounts, and confirm balances prior to approving transactions. Plaid provides data aggregation and verification services.
- AstradacoreVergo uses Astrada for payment card transaction monitoring. Astrada provides card transaction data to enable real-time transaction visibility for enrolled cards.
- Visa and Mastercard (Payment Card Networks)corePayment card networks used for transaction monitoring. Supports Visa, Mastercard, and American Express credit cards. Networks provide real-time transaction data for enrolled cards.
- Additional ERP Partners (JOBPOWER, Jonas Construction, Premier Construction Software, ComputerEase)secondaryAdditional construction ERP integrations including JOBPOWER, Jonas Construction, Premier Construction Software, and ComputerEase.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Vergo competitors and assessment
Company assessmentDirect peers
- Finvari: Finvari is a construction-specific corporate card and expense management platform. Directly comparable to Vergo's expense management and AP automation offering for construction accounting teams, and explicitly referenced in Vergo's comparison pages as a competing solution.
- AvidXchange: AvidXchange provides AP automation for mid-market companies including construction, with invoice capture, approval workflows, and ERP integrations. Comparable in AP automation functionality and target market segment, though broader across verticals.
Broad incumbents
- Procore: Procore is the dominant construction management platform with financial tools spanning invoicing, AP, and ERP integrations. While broader than Vergo, its financial management modules increasingly overlap with construction AP/expense workflows, making it a large incumbent that could expand into Vergo's specific niche.
- Corpay: Corpay (formerly AP automation by Nvoicepay, Fusebill) offers AP automation, cross-border payments, and corporate cards. Explicitly listed in Vergo's comparison pages and competes for mid-market AP automation spend, though with a broader industry focus.
- Bill.com: Bill.com is a leading AP automation platform serving SMB and mid-market with AI invoice capture, approval workflows, and ERP integrations. Adjacent competitor in AP automation with broader industry positioning than Vergo's construction focus.
- Ramp: Ramp is a fast-growing corporate card and expense management platform expanding into AP automation and vertical-specific workflows. Explicitly compared against Vergo on its comparison pages; Ramp's scale and feature velocity pose competitive pressure across the broader expense management category.
- Expensify: Expensify is an established expense management platform with receipt scanning, card reconciliation, and approval workflows. Named in Vergo's comparison pages as a competitor, though Expensify lacks construction-specific ERP job-cost coding depth.
- Brex: Brex provides corporate cards and expense management for businesses, with AP automation capabilities. Comparable in expense management and AP functionality though broader in industry focus; Brex's enterprise push overlaps with Vergo's mid-market-to-enterprise construction target.
- Concur (SAP Concur): SAP Concur is an enterprise expense, travel, and invoice management platform. Explicitly referenced in Vergo's comparison pages and competes for large-enterprise AP and expense management spend, though without Vergo's construction-specific job-cost focus.
Others
- Foundation Software: Foundation Software is a construction-specific ERP that Vergo integrates with. While a current integration partner, Foundation could develop competing AP/expense modules, making it both a partner and a potential adjacent competitor.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks1 record
Key highlights1 record
Customer concentration
Vergo social profiles
Digital presenceVergo compliance and trust
Trust signalCompliance1 record
Vergo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Vergo leadership team
Management profileNumber of profiles
Profiles1 record
Vergo funding detail
Funding detailFunding overview
Funding rounds4 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Vergo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Vergo
What does Vergo do?
Vergo provides an AI-powered expense management and accounts payable automation platform built exclusively for the construction industry. The platform handles job cost coding, native ERP syncing, mobile receipt capture, approval workflows, and automated invoice processing for construction-related expenses and vendor bills.
Is Vergo a public or private company?
Vergo is a private company. It is classified as venture growth investor backed and is currently operating.
When was Vergo founded?
Vergo was founded in 2021. It employs 11 to 50 people.
Where is Vergo based?
Vergo is headquartered in New York, United States, in the North America region.
How does Vergo make money?
Three revenue lines are on record. Expense Management Subscription is the primary driver. The others are AP Automation Usage and full Suite Bundled Package.
Who are Vergo's main competitors?
Direct peers on record are Finvari and AvidXchange. Broad incumbents are Procore, Corpay, Bill.com, Ramp, Expensify, Brex and Concur (SAP Concur). Foundation Software is listed as an others.
Does Vergo have an API?
No public API is recorded for Vergo.
What industry is Vergo in?
Vergo's product category is Construction Financial Software. Its primary akta.pro industry code is FSAGAJAD, Accounts Payable Automation & Supplier Payments, with a secondary code of FSAGAJAE, Expense Management & Employee Reimbursements. Its NAICS code is 54151 and its SIC code is 7373.