ABOUT THE COMPANY
Scoutbee is transforming the lifeblood of many organizations – the ability to discover, analyze and collaborate with optimal suppliers. Their unique AI capability and intuitive platform empowers teams to build the most valuable relationships and drive maximum business value from procurement.
HOW IT ALL STARTED
Founded in 2015 by purchasing, operations experts and German engineers, scoutbee aspired to simplify scouting suppliers. The aim then, as it is today, is to improve the transparency of the supplier network. Scoutbee understands the complexities and the tedious, manual process in scouting and sourcing suppliers. They craved to provide more transparency and insights on suppliers, knowing that there was a better way. They built a software as a service suite, powered by Artificial Intelligence, or AI, and Big Data to make it easy for people that need the right product to find the right supplier with the right product – in a couple of weeks…not a few months. That’s what they call it Smarter Supplier Discovery.
"AS ONE OF OUR EARLIEST INVESTORS, HV HAS ADDED VALUE EVERY DAY SINCE. JAN AND THE TEAM SUPPORT US WITH BOTH STRATEGIC GUIDANCE AND PRACTICAL SUPPORT TO BUILD SCOUTBEE AS AN ORGANIZATION. IN PARTICULAR, HV IS HIGHLY ACCESSIBLE AND ENTREPRENEURIAL IN SPIRIT, REGULARLY PROPOSES MARKET OPPORTUNITIES TO US, AND ACTS TO BUILD OUR CONFIDENCE."
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. Their vision is to improve the B2B buying process by empowering procurement leaders through Artificial Intelligence and Big Data so that they can develop tomorrow’s future, today.