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I’m always on the look out for good news stories when it comes to Procurement Tech.

You might wonder - why?

Because Procurement Tech, I believe, is going to enhance the way we manage our supply chains and contracts.

Contingent.ai, a company that provides risk insights on your Suppliers, just raised $8.2 million.

I pulled this directly from their website for you to see:

“The ProcureTech company has announced a funding round led by Octopus Ventures

• Cloud-based platform helps companies procure more strategically, and better manage supply chain risk and compliance


• The funding will be used to develop a suite of SaaS applications and to enable international expansion


• Contingent’s global customer base has been growing at 10x p.a. and includes companies such as Monzo, Seagate, Huel, Barratt Developments plc and HM Government”

Contingent is a company I’m genuinely happy to talk openly about in that I believe they are going to be the number one platform out there for managing risks and insights in your supply chain over the next 3-4 years.

Check them out.

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