We’ve received significant media coverage over the past few weeks following the announcement that TenderScout announces 15 new Irish jobs and has secured €1m funding following our recent growth in Ireland, the UK, USA and beyond. Here are some highlights and links;
Dublin-based tech company TenderScout, an SaaS tendering platform designed to help businesses win government tenders by identifying opportunities and improving the tendering process, has secured €1 million from private investors, angel funds and Enterprise Ireland.
Read more at Business & Finance Magazine.
The Dublin-based start-up has ambitious plans to expand the business in Europe and North America, and the investment will see the creation of 15 new jobs in technology, customer service, and sales and marketing roles over the next two years.
Read more at The Irish Times.
The TenderScout platform translates complex public procurement data into clear, comparable and useful information. It can also tell companies what their chances are of winning a contract before they go through the sometimes expensive process of applying for it. Investors in TenderScout’s fundraiser include Growing Capital and the European Angels Fund. Enterprise Ireland previously invested €300,000 into the business.
Read more at Biz Plus.
Founder Tony Corrigan explained the company’s ethos: “Essentially, we simplify Government contracting opportunities for small and medium businesses, saving them time trawling through tender alert lists and figuring out their likelihood of winning the contract.”
The core problem TenderScout solves, according to Mr Corrigan, is that globally SMEs are missing out on revenues from the public procurement market worth $13 Trillion.
Read more at BreakingNews.ie.
The Irish company gives SMEs the ability to participate in public tenders, regardless of their scale or tendering expertise.
Niall McEvoy, High Potential Start-ups, Enterprise Ireland, says it supports innovative Irish companies like TenderScout that have real potential to realise their global ambition by expanding into new markets and growing business.
Read more on The Irish Examiner.
Commenting on the expansion, TenderScout Founder, Tony Corrigan said, “Around 90% of SMEs don’t participate at all in public tendering because they lack the expertise to compete and decide it’s too hard or time consuming and generally inaccessible to small business.”
Read more at BusinessWorld.ie.
The exiting news follows an investment in increasing the networking and collaboration capabilities of the TenderScout platform and the continuous build of our expert team in Dublin that has also seen us recently win new business in the UK, US and Canada, as well as being celebrated at Irish Tech Awards this year.