Smarkets
Company

Last deal

$825.4K
Local Amount - BRL 4.6M

Amount

Venture - Series Unknown

Stage

09.12.2021

Date

1

all rounds

$825.4K

Total amount

General

About Company
Smarkets is a Brazilian company that offers request-to-pay solutions.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Smarkets

founded date

01.01.2014

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Smarkets provides innovative and efficient solutions that connect buyers and sellers, helping businesses streamline their procurement processes. With a focus on automation, compliance, and user experience, Smarkets has been recognized and awarded for its marketplace. The company has delivered significant savings to its clients, exceeding R$1 billion, and is pioneering the use of machine learning and artificial intelligence to automate operational processes. Smarkets is also known for its collaborative approach and integration with major enterprise resource planning systems in the market, enabling businesses to reduce their transactional purchase costs and achieve financial sustainability.