Bidzaar
Company

Last deal

$2.M

Amount

Series A

Stage

21.06.2021

Date

1

all rounds

$2.M

Total amount

General

About Company
Bidzaar provides a cloud-based procurement automation service using machine learning.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2019

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

The company's electronic trading platform uses algorithms and artificial intelligence to select suitable suppliers based on keywords, behavioral patterns, and financial indicators. This helps private businesses optimize supplier selection and reduce procurement costs. Bidzaar offers a source-to-award solution, including an eRFX tool, integrated suppliers network, and vendor management system. Founded in 2019 and based in Moscow, Russia.