Contingent Raises $8.2M in Funding

Contingent obtains $8.2M funding to make procurement more transparent — TFN

Contingent, a UK-based startup that simplifies procurement processes, has secured $8.2 million in funding led by Octopus Ventures. The company plans to use the funds to expand operations, enhance its product development, and broaden its reach. Contingent's SaaS procurement management platform provides real-time insights that integrate with existing workflows, allowing companies to make informed decisions and strengthen partnerships. Their platform addresses critical areas like financial stability, compliance, and ESG concerns. Notable clients include Monzo, Seagate, Huel, Barratt Developments, and HM Government.

Contingent Raises $8.2 Million to Simplify Procurement for Businesses

Contingent is a London, UK-based Supplier Insight platform that facilitate procurement processes easy for the whole business, providing a SaaS procurement management platform that features a lightweight and proactive real-time insights tool that fits into an organization’s existing procurement workflow, enabling companies to make the right choices and partner more closely with the wider business. The platform covers a wide range of insight domains to meet procurement, third party risk and regulatory requirements around financial stability, ownership, legal, compliance, quality, cyber, and ESG (Environmental, Social & Governance).

A Supplier Insight platform that facilitates procurement processes easy for the whole business.

3 years ago

Contingent Raises $8.2 Million to Simplify Procurement for Businesses

ProblemFinancial Services

Solution

Covered on