5 years ago

Stotles Raises €1.5 Million to Help Businesses Navigate Public Sector Procurement

  • Stotles, a London-based B2G (business to government) startup, has raised €1.5 million in a seed funding round led by Speedinvest, with participation from 7Percent Ventures, FJLabs, and several high-profile angels

  • The company provides sales and marketing teams with insights and tools to navigate the public sector

  • The funding will be used to scale up in the UK ahead of international expansion

  • Stotles aims to democratize access to public sector data and opportunities, enabling businesses to engage with potential customers earlier and improve their outcomes.

      • ProblemTechnology

      "Public sector procurement is a complex and opaque process, making it difficult for businesses to identify and win opportunities. This leads to wasted time and resources, and limits the ability of businesses to effectively engage with the public sector."

      Solution

      "Stotles provides a platform that uses data and algorithms to give businesses a clear view of the public sector market, and provides workflow tools to help them engage with potential customers earlier and more effectively. This helps businesses to win more business and improve their outcomes."

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