Viio offers an AI‑driven spend management platform that consolidates SaaS and cloud contract, usage, and license data into a single source of truth. The system identifies unused licenses, duplicate tools, and shadow spend, providing actionable recommendations and a renewal calendar, while an optional managed service handles end‑to‑end contract negotiations to reduce waste and improve ROI.
Funding
$3.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Organizations often lack a single source of truth for SaaS and cloud contracts, usage, and license data, leading to hidden waste, shadow IT, and missed renewal deadlines. This fragmentation makes it difficult to identify cost‑saving opportunities and negotiate contracts based on actual consumption.
Solution
Viio provides an intelligent spend management platform that consolidates data from integrations, audit logs, invoices, browser extensions, and desktop agents into a unified repository. The platform uses AI‑driven analytics to surface unused licenses, duplicate tools, and shadow spend, and generates actionable recommendations for rightsizing and renegotiation. Users can assign ownership, track renewals, and run employee surveys to validate licensing needs. For organizations that prefer hands‑off execution, Viio offers a fully managed procurement service where expert negotiators handle end‑to‑end contract discussions using the platform’s data and benchmark insights. The result is a data‑backed, streamlined process that reduces software waste and improves ROI.
Target Audience
Primary customers are finance, IT, and procurement teams in mid‑size to large enterprises that manage extensive SaaS and cloud portfolios and seek to control spend and improve contract negotiations.
Features
- Multi‑source discovery engine that ingests data from integrations, audit logs, invoices, browser extensions, and desktop agents
- AI‑powered savings recommendations for rightsizing, redundancy elimination, and license optimization
- Centralized vendor, contract, and license management with ownership assignment and renewal calendar
- Real‑time usage analytics and shadow‑IT detection to expose unmanaged spend
- Integrated employee survey tool to capture license demand and validate rightsizing decisions
- Optional end‑to‑end negotiation service staffed by procurement experts with benchmark data
- Exportable data and API access for seamless integration with existing finance, IT, or procurement workflows