Founded in 2017, Vndly provides businesses with a work management system designed to help them manage their contingency workforce using sophisticated algorithms, machine learning (ML) and artificial intelligence (AI) technology. The platform is made up of four major modules: Contingent Workforce Management, Statement of Work (SoW) Management, Payrolling and Independent Contractor (IC) Compliance and Total Talent Acquisition.
Pontoon is a global leader of managed service provider, recruitment process outsourcing and Total Talent solutions serving organizations across 100 countries. It has received industry recognition from Everest Group, NelsonHall and HRO Today for delivering best-in-class programs for both contingent and permanent employment. In addition to MSP and RXO, Pontoon has expertise in workforce planning including Freelancer Management, SOW, Direct Sourcing and Total Talent.
Vndly and Pontoon will work together to create dynamic and customized solutions for their clients.
“We are very excited about the partnership with Pontoon. Pontoon is one of the most forward-thinking human capital firms in the world and is leading the transformation in the workforce planning and management space. We are humbled and honored to be a partner in this journey,” Shashank Saxena, Co-Founder and CEO of Vndly, said in a press release.
“Pontoon is committed to provide superior MSP programs that allow us to strategically architect solutions around business challenges our clients face today. We are excited to partner with Vndly, a state-of-the WMS and industry innovator. Together, we will provide powerful solutions for our clients,” added Jan Jacob, Pontoon's global MSP product owner.
Back in March, Vndly announced that it raised $11 million in Series A funding from Battery Ventures, Hyde Park Venture Partners, Epic Ventures, Bowery Capital and the Cintrifuse Syndicate Fund. It said it will use the funding to focus on product innovation, global expansion and customer acquisition.