Madrona invests in vendor management startup VNDLY; Steve Singh joins board

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Seattle-based Madrona Venture Group led an $8.5 million investment round in VNDLY, a Cincinatti, Ohio-based vendor management startup.

Founded in 2017, VNDLY helps companies manage and pay their non-employee workforce. Total funding to date is $57.5 million. The investment came out of Madrona’s $100 million Acceleration Fund, an investment

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