PROCUREMENT TECH IN THE NEWS MARCH EDITION: CONTINGENT RAISED $8M
I’m always on the look out for good news stories when it comes to Procurement Tech.
You might wonder - why?
Because Procurement Tech, I believe, is going to enhance the way we manage our supply chains and contracts.
Contingent.ai, a company that provides risk insights on your Suppliers, just raised $8.2 million.
I pulled this directly from their website for you to see:
“The ProcureTech company has announced a funding round led by Octopus Ventures
Cloud-based platform helps companies procure more strategically, and better manage supply chain risk and compliance
The funding will be used to develop a suite of SaaS applications and to enable international expansion
Contingent’s global customer base has been growing at 10x p.a. and includes companies such as Monzo, Seagate, Huel, Barratt Developments plc and HM Government”
Contingent is a company I’m genuinely happy to talk openly about in that I believe they are going to be the number one platform out there for managing risks and insights in your supply chain over the next 3-4 years.
Check them out.