// Procurement automation
RenewalPad
We built the procurement team most mid-market finance teams can't afford to hire.
RenewalPad discovers every SaaS contract, owns every renewal, and negotiates every dollar. Not a dashboard. Not a spreadsheet. Agents that take action — and ask before they send.
18–24%
Avg SaaS spend reduction
in the first renewal cycle
2.3×
Contracts surfaced vs. known
shadow IT discovered on day one
< 21 days
Time-to-first-clawback
from connect to recovered dollars
// The thesis
Why we own RenewalPad.
// Why now
SaaS is one of the largest line items on most mid-market P&Ls and the one nobody actually manages: finance can't see it, IT doesn't own it, and procurement is busy with hardware. We started RenewalPad because AI agents finally made it possible to run real procurement on every contract without hiring a team to do it.
// Market
We build for mid-market companies (200-5,000 employees) spending $1M-$50M a year on SaaS, where the CFO has lost the thread on renewals, shadow IT, and overlapping tools.
// Moat
We built RenewalPad so the inventory compounds: once it's wired into email, SSO, expense cards, and HRIS, the contract graph and benchmark data get sharper with every customer. We operate it with a small team that treats every renewal and clawback as a chance to teach the agents something new.
// The product
What it does.
Discovery across email, SSO, expense cards, and HRIS — every contract, every recurring charge, every login in one living inventory.
Intelligence layer: contract parsing, benchmark pricing, usage-to-license reconciliation, stack overlap detection, and a renewal radar.
Action agents that draft renewals, file cancellations, claw back refunds, and run vendor intake — always with a human in the loop before anything sends.
Finance close: GL coding, accruals, and a clean handoff to NetSuite, QuickBooks, and the major ERPs.
// What we've learned
Lessons from operating RenewalPad.
01
Sell to the CFO, deploy to the controller.
The CFO buys the outcome, spend down, control up. The controller lives in the product daily. Designing for both, exec dashboard plus operator workflow, is what turns a pilot into a renewal.
02
Agents earn trust by asking.
Buyers don't want autonomous agents firing emails at vendors; they want leverage with a human checkpoint. Every action our agents take is drafted, queued, and approved, and adoption jumped the day we shipped that pattern.
03
Discovery is the wedge, negotiation is the wallet.
Free discovery gets us into the stack. The moment a customer sees the duplicate tools and underused seats, the negotiation and renewal modules sell themselves. We lead with the inventory and monetize the action.
// FAQ
RenewalPad, answered.
The questions buyers ask before they sign — pricing, implementation, security, and how human approvals work.
// More from the portfolio
See the rest of what we own.