
EdgeworthBox is a platform that simplifies the procurement process for B2B buyers by providing tools, structured data, and a community to execute Requests for Proposals (RFPs). The platform leverages Generative AI to enhance procurement cycles, reduce transaction costs, and improve supplier engagement. EdgeworthBox differentiates itself by offering a strategic approach to sourcing, enabling group purchasing, and providing access to public sector procurement data. With a focus on collaboration and market intelligence, EdgeworthBox positions itself as a cost-effective alternative to traditional procurement technology suites, appealing to small and medium buyers as well as larger organizations looking to streamline their procurement processes.

EdgeworthBox is a platform that simplifies the procurement process for B2B buyers by providing tools, structured data, and a community to execute Requests for Proposals (RFPs). The platform leverages Generative AI to enhance procurement cycles, reduce transaction costs, and improve supplier engagement. EdgeworthBox differentiates itself by offering a strategic approach to sourcing, enabling group purchasing, and providing access to public sector procurement data. With a focus on collaboration and market intelligence, EdgeworthBox positions itself as a cost-effective alternative to traditional procurement technology suites, appealing to small and medium buyers as well as larger organizations looking to streamline their procurement processes.
What they do: Cloud platform for RFPs/RFQs/RFIs, reverse auctions, supplier engagement and procurement market intelligence
Founded: 2017
Founders / leadership: Chand Sooran (Founder & CEO), Colin Phillips (CTO)
Team size (reported): ~5 employees
Funding: Pre-Seed (Mar 13, 2020); total disclosed ~$650k
Procurement and sourcing inefficiency for B2B buyers (RFP/RFQ/RFI processes, supplier discovery and engagement).
2017
Procurement technology / SaaS
650000.00