Green Cabbage just closed a $40M Series B led by Sageview Capital, and this isn’t your standard “raise and expand” headline. It’s a power move from a team that’s been quietly rewriting how global enterprises see, spend, and save. Founder & CEO Eric V. Cunningham built Green Cabbage on one mission, turn procurement noise into intelligence that cuts through like glass. The company’s OneWorkspace platform delivers governed data and micro-SKU clarity that lands on a client’s desk in 24–48 hrs. It doesn’t just analyze spend; it dissects every supplier, clause, and dollar trail until inefficiency has nowhere to hide. That’s not just tech, it’s judgment, coded.
HQ’d in Cranberry Township, PA, with a freshly expanded Warrendale office and teams across N. America, Europe, and Asia, Green Cabbage is taking its brand of procurement intelligence global. Sageview’s $40M follows last year’s $20M Series A from Sorenson Capital, bringing total funding to $60M. Sageview partner Jeff Klemens called out >100% annual growth, and the math checks out, 2K+ global clients, billions in verified savings, and insights delivered faster than most companies can schedule their next meeting. The momentum isn’t hype, it’s a reflection of execution at enterprise scale.
What’s wild is how lean and lethal this leadership lineup is. Eric V. Cunningham brings 20+ yrs of enterprise software and sourcing wisdom from Oracle, Salesforce & Microsoft. Add Michael Van Keulen, the new Chief Client Officer and former CPO at Coupa; Jim Florentine, SVP of N. American Sales and ex-Managing Partner at ClearEdge Partners; and S. Michael Cadieux, VP of Ops, Marketing & Travel and founder of Procurement Foundry. That’s a trifecta of people who’ve lived the pain points and built the fixes. The company’s Executive Advisory Board reads like a hall of fame, Bob Murphy (ex-IBM), Ron Hartman (ex-Blackstone), Norbert Dean (Carnival Cruise Line), George Jannino (Raymond James), and more. These aren’t names for PR, they’re operators who’ve sat in the chair and signed the checks.
The $40M will fuel global hiring, deepen category coverage, and accelerate the launch of Green Cabbage’s next evolution: multi-channel spend cubes. Think of them as the MRI of enterprise spend, scanning every layer to expose inefficiencies others can’t see. It’s surgical precision for the corporate wallet.
The name “Green Cabbage” came from Eric V. Cunningham’s daughter’s nickname for money. Fitting, because this company isn’t just chasing cabbage, it’s redefining what it means to grow it. Congrats to Eric V. Cunningham & team, and to Sageview Capital for spotting a company that’s not trimming budgets, it’s feeding the future of procurement intelligence.
