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Track tenders, win bids – That’s exactly what British startup Stotles just raised €11.5 million to help businesses achieve

  • London-based startup Stotles raises €11.5 million in Series A funding round to expand into the US market and enhance its platform.
  • Stotles is a platform helping private sector suppliers grow their revenue in the public sector by providing tools to track tenders, win bids, and navigate the complexities of selling to the public sector.
  • Stotles' AI technology analyzes government data to size suppliers' markets, generate drafts of bids, and qualify opportunities, aiming to save time and enhance decision-making.
  • The funding round was led by Headline and Acton, with participation from Form Ventures and Seedcamp, following Stotles' rapid growth, increase in customer base, and development of AI-powered platform.

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