NetVendor Secures Major Investment for Next Growth Phase
TUALATIN, Ore. and AUSTIN, Texas, Nov. 5, 2025 – In an exciting development for the property management technology space, NetVendor, renowned for its vendor compliance management solutions, has secured a significant majority investment from Five Arrows, the alternative investment arm of Rothschild & Co. This investment is set to fuel the company's next phase of growth while Greenridge Growth Partners maintains a minority stake.
Founded in 2009, NetVendor has revolutionized how property management companies (PMCs) handle vendor credentialing and compliance processes. By automating the collection, verification, and organization of essential vendor documentation—such as insurance certificates, licenses, tax documents, and background checks—NetVendor helps PMCs mitigate risk, enhance efficiency, and cultivate reliable vendor relationships.
The strategic partnership with Five Arrows aims to bolster NetVendor’s product innovation by integrating advanced technologies, including AI, to increase value for property managers and their vendor ecosystems. The investment comes on the heels of several other successful North American software investments by Five Arrows, which recently included companies such as KEV Group, Springbrook, Rimes, and Everway.
Dave Cooper, the CEO of NetVendor, expressed excitement about this development, stating: "Partnering with Five Arrows signifies a pivotal moment for NetVendor. Their considerable expertise in scaling software companies will enable us to accelerate innovation and broaden our market footprint while maintaining our focus on simplifying compliance for property managers."
Steve Marks, a Managing Director at Five Arrows, echoed Cooper's enthusiasm, noting, "NetVendor has created a vital platform that tackles essential challenges within the property management sector. Our collaboration is aimed at supporting their robust growth through continual innovation, geographic expansion, and strategic acquisitions."
Both companies are confident that this partnership will enhance NetVendor’s standing in the marketplace. Ben Moss, Managing Partner of Greenridge, shared a long-term view on the partnership’s impact: "Our collaboration with Dave and the NetVendor team over the last four years has been remarkably rewarding. Together, we’ve developed a leading platform by refining the leadership team, enhancing market capabilities, and expediting product innovation. We take pride in their achievements and are excited about the collective journey ahead alongside Five Arrows."
The transaction was guided by Raymond James, which served as the exclusive financial advisor to NetVendor, while Harris Williams provided advisory services to Five Arrows. Legal services were provided by Queen Saenz + Schutz for NetVendor and Gibson, Dunn & Crutcher for Five Arrows. Additionally, Manulife handled the credit facility arrangement.
About NetVendor
NetVendor stands at the forefront of vendor compliance management software, serving PMCs within the multi-family and commercial real estate sectors. Its comprehensive platform automates vendor onboarding and compliance processes, aiding PMCs in gathering, tracking, and managing critical vendor qualifications to mitigate risks and streamline operations effectively. By ensuring vendors meet compliance standards, NetVendor empowers property managers to safeguard assets, lower liabilities, and enhance operational efficiency. For further information, visit
www.netvendor.com.
About Five Arrows
Five Arrows operates as the alternative assets division of Rothschild & Co, boasting more than €30 billion in assets under management. With a strong presence in key financial hubs including Paris, London, New York, Los Angeles, San Francisco, and Luxembourg, Five Arrows focuses on investing in companies characterized by robust management teams and substantial growth potential, particularly in data and software, tech-enabled business services, and healthcare sectors. For additional details, explore
Rothschild & Co's Five Arrows page.
This strategic maneuver is anticipated to position NetVendor for sustained growth and innovation as they continue to address the evolving needs of the real estate industry.