Bidcrunch
Year the company was founded: 2024
Company web page: https://bidcrunch.com/
Bidcrunch is a SaaS platform designed specifically for contractors wishing to access and win public contracts in the European Union. It aims to simplify and streamline the complex processes companies face when competing for public tenders.
They use artificial intelligence to automate the search, analysis and navigation of contracts, providing companies with accurate data, advanced tools and an agile approach that eliminates barriers such as fragmented platforms, lack of information and the need for costly resources such as lawyers or specialized consultants.
Main products and services:
The core of its offering is an AI-powered platform that connects companies with relevant public tender opportunities in the EU.
Its functionalities include a search and alert system that automatically matches relevant contracts with customer profiles. In addition, they have an intelligent document browser that helps companies interpret complex legal and technical requirements efficiently.
They also offer market analytics that include detailed information on competitors, pricing trends and historical data to facilitate data-driven decisions.
They are working on additional features such as bid financing services, mandatory e-invoicing and advanced analytics tools.
Key to success:
The key to Bidcrunch's success lies in the integration of artificial intelligence to address specific problems in the public procurement sector.
They have identified the main barriers companies face, such as lack of centralized information and process complexity, and offer automated solutions that increase efficiency and reduce costs.
In addition, their ability to provide detailed data analysis and competitive insights positions their tools as indispensable for companies that want to make informed decisions and improve their chances of bidding success.
Future plans:
In the coming months, they plan to expand their coverage to more EU countries and strengthen their advanced analytics tools, including success rate predictions, competitor intelligence and customizable data configurations. They are also working on integrations with CRM and ERP systems to improve the experience for large enterprises.
In the long term, they explore new verticals such as funding for public contracts, post-bidding analytics and AI-assisted consulting services. Their goal is to further develop an end-to-end ecosystem that enables companies to optimize every stage of the public procurement process.
Data used:
Its platform is mainly based on data from public sources available through national and regional tender platforms in Spain and in the future the EU.
These sources provide detailed information on contract opportunities and associated requirements. All information is processed and structured by its AI tools to ensure that the data is useful, relevant and up-to-date.
URL to catalog/s data source:
Company size:
1-10 employeesHeadquarters:
MadridOffices in:
Madrid, BarcelonaCustomers:
Bidcrunch caters mainly to small and medium-sized companies, although it also offers tailored services to large companies.
Small companies typically have revenues of less than €1 million per year from public contracts and face challenges due to the lack of dedicated departments. Medium-sized companies, with revenues between 1 and 5 million euros per year in this area, have small but dedicated teams to manage public contracts. Finally, its solutions for large companies (revenues up to 100 million euros) are integrated with their internal systems and offer advanced data analysis for specialized departments.
Sectors targeted include construction contractors, technology service providers, consultancies and other businesses seeking public tenders in Europe.
Marketing model:
Bidcrunch's business model combines a monthly subscription to access the platform with pilot tests that incorporate success fees on contracts awarded. This hybrid approach allows it to cater to different types of clients depending on their size and needs.
For small businesses, their offering focuses on low-cost solutions and standalone engagement processes, while for medium and large enterprises they employ customized models that can include custom integrations and sales support.
Marketing is done directly, without intermediaries, although they are exploring strategic alliances in specific sectors.
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