Blog

Company Updates

Funding, leadership, partnerships and other news from the Tropic team.

Tropic: Looking Back at 2024

Recapping a year innovating how teams manage and reduce spend. Check out how buyers drove business impact with Tropic back in 2024.

Tropic’s Journey to Intelligent Spend Management

CEO David Campbell recaps Tropic's evolution from Procurement-as-a-Service to the Intelligent Spend Management SaaS solution it is today.

Tropic Expands Executive Leadership with Russell Lester Joining as CFO

Tropic's CEO David Campbell explains why CFO Russell Lester is the right financial leader for Tropic's vision and next stage of growth.

Watching the Tropics: A Look Back at 2023

Take a dive into team Tropic's 2023 highlight reel, which included our growth into a true SaaS business, recognition as a rising company by LinkedIn, and so much more.

Tropic Looks Back at 2022

Read about the year that was for Team Tropic, which expanded its leadership team and released a slew of new products.

Tropic raises a $40M Series B led by Insight Partners

Tropic raises a Series B funding round to continue transforming the procurement industry for a world that runs on software.

Tropic Raises $25M to Make Software Procurement a One-Click Experience

Tropic raised a Series A funding round as it transforms procurement to accommodate the new world of cloud-based software-buying.

Tropic Launches Supplier Code of Ethics

Not all third-party SaaS buyers are created equal.

Everything You Should Know about Security, SOC 2, and Responsible Purchasing

Learn more about the relationship between security and responsible purchasing and what our SOC 2 audit and report means for your business.

Michael Shields, the procurement industry veteran joining Tropic to shape its procurement strategy

Industry Veteran Michael Shields Joins To Shape Tropic's Vision Of Procurement Paradise

The former Qualtrics procurement head and MX VP explains why procurement is vital for tech companies’ survival.

Tropic Bolsters Executive Leadership with Liesl Geier Joining as CMO

Tropic's CEO David Campbell explains why CMO Liesl Geier is the right marketing leader to steer us into the future of Procurement Paradise.

Caliper and Tropic Announce Strategic Partnership to Transform Spend Optimization

Tropic announces our partnership with cloud spend optimization leader Caliper, delivering comprehensive cloud pricing data, insights, and tools that allow organizations to manage their SaaS spend more efficiently.

A Note from Our CEO on Series A Announcement

CEO David Campbell talks about Tropic's latest round of funding.