Green Cabbage, a Cranberry Township, PA-based cost-reduction company that offers a subscription-based model with a savings guarantee, received an investment from Sorenson Capital.
The amount of the deal was not disclosed.
The company intends to use the funds to scale its operations and enhance the rapid development of its offerings both domestically and internationally.
Led by CEO Eric V. Cunningham, Green Cabbage is a company which specializes in technology and contingency workforce market intelligence. Its secure platform ensures swift operations, offering detailed comparisons at the Micro-SKU level, alongside comprehensive business and legal term insights. It enables private equity firms, consulting companies, and B2B enterprises worldwide to achieve savings of 15-30% on supplier agreements. With expertise spanning pricing, licensing, negotiation, audit defense, legal guidance, and training, Green Cabbage empowers clients to secure the best prices and overall agreements, optimizing procurement processes efficiently.
Commenting on the news, Eric V. Cunningham said: “Sorenson’s investment validates our vision and the continuous value we’ve delivered to hundreds of new clients this year alone. With Sorenson Capital’s support, we will continue to expand our footprint and provide groundbreaking solutions that enable clients across the globe to optimize their supplier agreements and maximize savings.”
FinSMEs
08/10/2024