Supplied is an AI-powered B2B SaaS platform that automates supplier onboarding and compliance for marketplaces. It provides a seamless, end-to-end solution for KYC, KYB, tax identification, and digital platform reporting, enabling marketplaces to onboard suppliers faster and reduce operational costs.
Funding
€1.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
ABCMCGE+3Founders
Product
Problem
Marketplaces and digital platforms face increasing complexity in onboarding suppliers due to evolving regulatory requirements like KYC, KYB, DAC7, and DSA. Managing compliance across different jurisdictions is challenging, leading to increased operational costs and potential penalties for non-compliance.
Solution
Supplied is an AI-powered B2B SaaS platform designed to automate supplier onboarding and ensure continuous compliance for marketplaces and digital platforms. The platform provides an end-to-end solution for Know Your Customer (KYC), Know Your Business (KYB), Tax Identification Number (TIN) verification, Digital Services Act (DSA) compliance, and DAC7 reporting. Supplied streamlines the entire onboarding process, from data collection and verification to reporting and monitoring, reducing operational costs and minimizing the risk of non-compliance. The platform offers a customizable workflow builder, allowing businesses to tailor the onboarding process to their specific needs and local regulations. Supplied integrates with various data sources and government databases to provide instant verification and automated decision-making, accelerating supplier conversions while maintaining regulatory compliance.
Target Audience
Supplied primarily targets marketplaces, e-commerce platforms, and other digital platforms that need to onboard and manage a large number of suppliers while adhering to KYC, KYB, DAC7, and DSA regulations.
Features
- Automated KYC and KYB verification with liveness checks and face matching
- Instant TIN validation and UBO authentication via AI and government databases
- Customizable workflow builder for creating tailored onboarding processes
- Batch upload and API integration options for seamless integration with existing systems
- DAC7 and DSA compliance solutions, including report generation and automated submissions
- OCR technology for extracting data from identity documents and utility bills
- Global watchlist screening and adverse media checks
- Continuous monitoring of supplier data for ongoing compliance
- Secure data storage and processing compliant with ISO and GDPR standards
- White-label options for a fully branded user experience