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AI-driven procurement data tool
Be an early applicant
AI-driven procurement data tool
21-100 employees
Be an early applicant
+ Equity
More information about location
21-100 employees
To transform the supplier data market to empower digital enterprises through its AI-driven procurement tool.
Accessing supplier data allows companies to improve supply chain agility and make procurement more efficient, but existing methods of self-reported data have room for improvement. The data is often not expansive enough for truly beneficial insights and is not announced until it is too late to be used, showing a demand for predictive procurement data tools in the industry.
TealBook delivers a platform for procurement data that is driven by AI and ML, providing expansive supplier data to companies before it is self-reported based on analytics-driven predictions. This ultimately allows users to discover the right suppliers, optimize spending, and innovate upon performance with a large supplier data set, driving supply chain agility within both eCommerce and retail markets.
Whilst supply chains face innovations in logistics, inventory predictions, and other areas, procurement data still relies on antiquated systems. So TealBook has been smart to recognize this and augment it through AI. The company serves big names in the industry, such as LinkedIn and Nasdaq, highlighting its positive market position.
Steph
Company Specialist at Welcome to the Jungle
-36% employee growth in 12 months
Dec 2021
$50m
SERIES B
Jan 2021
$14.4m
SERIES A
Sherwood Park, Toronto, ON
Stephany Lapierre
(Founder & CEO)Member of the Board of Advisors for IADQGA and Director of Emerging Technologies for the Global Council for the Advancement of Women in Procurement. Also a Limited Partner at Fresh Founders.
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