We’re delighted to welcome Stotles to the Seedcamp Nation as they tackle one of the largest and most complex sectors in the world – public procurement. Founded by John Witt, Carsten Schaltz, and Taj Kamranpour, the team aims to break down the barriers to government contracting and bring more players to the market.
Stotles’ platform enables suppliers to follow leading indicators, track potential contract renewals, monitor buyers, and keep an eye on competitors. This first round of funding will support the launch of a new feature that will focus on predicting future opportunities.
Whether it’s sourcing sheepskin flounces for the MOD or a £160M opportunity to provide toilet paper for the NHS, Stotles surfaces the most comprehensive view of government tenders to pitch for via their platform, with the team celebrating their weekly highlights on the Tender Wall of Fame.
Our Venture Partner, Stephen Allott, comments: “Stotles is the most significant sales enablement technology for public sector suppliers since the G-Cloud. The team and their vision are first class and the potential for this across both the UK and Europe as a whole is huge.”
The founders have been at the intersection of public and private sectors, at firms such as the World Economic Forum, Boston Consulting Group, and Bloomberg. By using data and AI, Stotles is now set to break down the very same barriers that they have experienced first-hand.
Taj Kamranpour, Co-founder and COO, said: “As a founder who previously bid for public work, I felt the desperation of flying almost blind; we had no way to compete with others that already had ingrained relationships. I knew suppliers needed help.”
To learn more about the platform, visit the Stotles website.