wherEX is an e-sourcing enterprise software for request for proposals and requests for information.
wherEX makes B2B commerce transparent and increases competition by bringing multiple qualified offers for every product or service tendered in its marketplace.
wherEX was founded in 2016 by Juan Carlos Hurtado, with Benjamin Garcia and Francisco Puente. The company is headquartered in Santiago, Chile.
wherEX was born in the fishing industry and soon expanded to cover other verticals in industrials, materials and services. Through its digital tool, wherEX offers a solution to request products and services and receive bids from qualified suppliers across the globe.
wherEX is is transforming B2B commerce with the application of cutting-edge technology (Artificial Intelligence, Data Analytics) to optimize decision-making in industrial supply, having as fundamental pillars competition, transparency and efficiency in industrial purchases.
wherEX is trading around $720 M USD through its platform between 125 enterprise clients and more than 20,000 suppliers both local and global.
wherEX is backed by Kayyak Ventures, FJ Labs, Jaguar Ventures, Tuesday Capital, and others. The company raised $7M in Series A round on Aug 23, 2021. This brings wherEX's total funding to $7.5M to date.