About BoltWise

BoltWise provides an AI-powered quoting and supply chain platform specifically designed for fastener and industrial distributors, enabling rapid part matching and automated quote generation. This technology reduces quote turnaround time from days to minutes, allowing sales teams to focus on customer relationships and efficiently manage inventory.

```xml <problem> Fastener and industrial distributors often face challenges in quickly matching customer requests to available parts due to messy part descriptions and the need to manually search through extensive catalogs. This process leads to long quote turnaround times, hindering sales team efficiency and potentially losing business to competitors. </problem> <solution> BoltWise offers an AI-powered quoting and supply chain platform designed to streamline the quoting process for fastener and industrial distributors. The platform uses AI-driven part attribution and search capabilities to rapidly match customer requests with the distributor's inventory, regardless of the format in which the request is received. By automating part matching and quote generation, BoltWise reduces quote turnaround time from days to minutes, enabling sales teams to focus on customer relationships, manage inventory effectively, and respond quickly to new opportunities. The system also facilitates onboarding new sales representatives and expanding into new product lines by providing seamless navigation of the distributor's catalog. </solution> <features> - AI-powered part attribution and search to categorize and attribute parts from messy descriptions in minutes - Automated quoting to convert customer requests into ready bids without manual data entry - Quote management dashboard providing insights into quote times, win rates, and sales trends - Compatibility with 150+ types of fasteners and 250+ types of other industrial goods - ERP data import/export capabilities without requiring an API connection - Supplier library (coming soon) for checking part availability across multiple suppliers - Data encryption to ensure data privacy and security </features> <target_audience> The primary target audience includes fastener and industrial distributors looking to improve quoting efficiency, reduce turnaround times, and empower their sales teams. </target_audience> ```

What does BoltWise do?

Where is BoltWise located?

BoltWise is based in Denver, United States.

When was BoltWise founded?

BoltWise was founded in 2023.

How much funding has BoltWise raised?

BoltWise has raised 4000000.

Location

Denver, United States

Founded

2023

Funding

4000000

Employees

5 employees

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BoltWise

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Executive Summary

getboltwise.com 200+

Crunchbase

Founded 2023 – Denver, United States

Funding

Estimated Funding

$3M+

Team (5+)

No team information available.

Company Description

Problem

Fastener and industrial distributors often face challenges in quickly matching customer requests to available parts due to messy part descriptions and the need to manually search through extensive catalogs. This process leads to long quote turnaround times, hindering sales team efficiency and potentially losing business to competitors.

Solution

BoltWise offers an AI-powered quoting and supply chain platform designed to streamline the quoting process for fastener and industrial distributors. The platform uses AI-driven part attribution and search capabilities to rapidly match customer requests with the distributor's inventory, regardless of the format in which the request is received. By automating part matching and quote generation, BoltWise reduces quote turnaround time from days to minutes, enabling sales teams to focus on customer relationships, manage inventory effectively, and respond quickly to new opportunities. The system also facilitates onboarding new sales representatives and expanding into new product lines by providing seamless navigation of the distributor's catalog.

Features

AI-powered part attribution and search to categorize and attribute parts from messy descriptions in minutes

Automated quoting to convert customer requests into ready bids without manual data entry

Quote management dashboard providing insights into quote times, win rates, and sales trends

Compatibility with 150+ types of fasteners and 250+ types of other industrial goods

ERP data import/export capabilities without requiring an API connection

Supplier library (coming soon) for checking part availability across multiple suppliers

Data encryption to ensure data privacy and security

Target Audience

The primary target audience includes fastener and industrial distributors looking to improve quoting efficiency, reduce turnaround times, and empower their sales teams.