Background
Founded in 2023 and headquartered in Barcelona, Tendios is a digital platform specializing in public procurement through artificial intelligence (AI). Its mission is to democratize access to public tenders, enabling businesses of all sizes to efficiently engage with the public sector. By centralizing and streamlining the tendering process, Tendios aims to enhance transparency and efficiency in public procurement.
Key Strategic Focus
Tendios focuses on simplifying the public procurement process by offering a customizable Software as a Service (SaaS) platform. The platform integrates seamlessly with existing organizational systems such as CRMs, ERPs, and procurement applications. Key features include:
- Tender Search and Filtering: Users can swiftly search for tenders and awards tailored to their specific needs, sourcing information from multiple public tender portals updated in real-time.
- Customized Alerts: Automated notifications inform users about tenders matching their predefined filters.
- Data Download: Facilitates the export of tender data to Excel for independent analysis.
- API Integration: Enables the transmission of tender data to CRMs like Salesforce or HubSpot and data tools such as PowerBI.
- Market Analysis and Predictive Analytics: Provides dashboards analyzing procurement data by sector, company, client, or region, and predicts bidders and prices for new tenders.
- Task and Opportunity Management: Supports team coordination and strict deadline control during opportunity analysis and bid preparation.
- Document Generation: Generates documents like draft technical and administrative specifications for public bodies using templates, trained on procurement parameters and award histories.
- Bid Comparison and Error Detection: Offers customizable features for public bodies at various stages of the tendering process.
Financials and Funding
As of 2024, Tendios has achieved significant growth, boasting over 10,000 users. The platform has published more than one million public tenders valued at €58 billion and has sent tender notices totaling €1 trillion. The company operates on a subscription-based model, offering various plans tailored to the specific needs of its clients.
Technological Platform and Innovation
Tendios distinguishes itself through its AI-driven platform that centralizes and processes data from numerous official public tender sources across multiple countries. This approach ensures data relevance and accuracy, reducing noise in alerts and enabling companies to focus on the most suitable opportunities. The platform's intuitive user interface allows users, regardless of technical expertise, to quickly access necessary information. Additionally, Tendios offers exceptional customer service, providing dedicated support and educational resources to guide users through the platform's tools and public procurement processes.
Leadership Team
Tendios is co-led by Albert Riera and Luján Benítez, who serve as co-CEOs and co-founders. Their leadership has been instrumental in developing and expanding the platform, focusing on democratizing access to public tenders and enhancing the efficiency of the procurement process.
Competitor Profile
The public procurement platform market is competitive, with several key players offering similar services. While specific competitors are not detailed in the available information, Tendios differentiates itself through its AI-driven approach, comprehensive data integration, and user-friendly interface. The market is characterized by a growing demand for digital solutions that streamline public procurement processes, indicating significant growth potential.
Strategic Collaborations and Partnerships
Tendios has established collaboration agreements with various business groups, including chambers of commerce, professional associations, clusters, unions, and hubs. These partnerships enable the platform to notify associates of business opportunities in the public sector through personalized portals. Additionally, Tendios offers a directory of freelancers and companies specializing in the public sector, providing assistance and advice to businesses on processes and best practices for applying to public tenders.
Operational Insights
Tendios's strategic considerations focus on leveraging its AI-driven platform to maintain a competitive edge in the public procurement market. By offering a comprehensive, user-friendly solution that integrates seamlessly with existing organizational systems, Tendios positions itself as a valuable resource for companies seeking to engage with the public sector efficiently.
Strategic Opportunities and Future Directions
Looking ahead, Tendios plans to integrate all phases of the tendering process, from creation to award and subsequent management. The company aims to be an agent of change towards digital and intelligent procurement in Spain and Europe, within an ecosystem of varied solutions. Additionally, Tendios intends to expand its coverage to more countries and regions, increasing the number of public tender sources to offer a more extensive and diversified database. The company also welcomes professionals or organizations interested in promoting or distributing the tool, establishing collaborative frameworks and win-win partnerships with multiple actors in the public procurement ecosystem.
Contact Information
- Website: Tendios Platform
- Headquarters: Barcelona
