Scoutbee

Scoutbee is a artificial intelligence for procurement & supply chain experts focuses on providing purchasers with a smarter supplier discovery.

scoutbee’s AI-powered supplier discovery suite helps procurement leaders see deep supplier insights to make more confident buying decisions.

scoutbee was founded in 2015 by Gregor Stühler, Lee Galbraith, and Fabian Heinrich. The company is headquartered in Würzburg, Bayern, Germany, with offices in Berlin, Germany and Arlington, Virginia.

scoutbee's mission is to apply breakthrough technology and intelligence to the procurement industry to connect the right companies from across the globe and forge better business relationships.

scoutbee, powered by AI and continuously curated data, traces the supply chain of millions of suppliers to bring together supplier information with deep insights and a simple, digital process for strategic sourcing.

 

scoutbee’s smart procurement technology is already utilized by major multinationals including Audi, Airbus, Caterpillar and Bosch, as well as 75+ other companies worldwide, to provide them more confident strategic sourcing and purchasing decisions.

 

scoutbee is backed by Atomico, Lakestar, Next47, HV Holtzbrinck Ventures, 42CAP and others. The company raised €54.1M ($60M) in a Series B financing on Jan 20, 2020. This new round brings scoutbee's total funding to $76M to date.

 

scoutbee received global recognition in May 2019 at the World Procurement Awards with the “Highly Commended” award for technology.

 

 

  • Year founded: 2015
  • Funding Info: $76M over 3 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: $10M-$20M (2019)
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Würzburg
  • State: Bayern
  • Country: Germany
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