Tengo raised €3M in a seed funding led by Point Nine to enhance its AI-powered public tender platform
Jun 25, 2024•over 1 year ago
Amount Raised
€3 Million
Round Type
seed
Investors
Point Nine
Description
Tengo, a SaaS platform, has secured a €3 million funding round led by Point Nine. The company aims to accelerate the integration of AI into its product to make the public tender market more accessible to businesses.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers