Scaleup

Scaleup uses Generative AI to automate the discovery, vetting, and management of small- and medium-sized business (SMB) suppliers for enterprises. The platform identifies best-fit suppliers based on specific buying needs and assesses their capabilities and scalability. It also provides tools to maintain supplier data and support the growth of existing supplier relationships.

Traction 1/10

Atlanta, Georgia, United States · HQ

Founded 20217100+ followers

Artificial Intelligence
Data & Analytics
Enterprise Software
Software Only

Updated 7 months ago

Funding

Funding rounds are not available yet.

Founders

3 founders

Cliff Goins

Entrepreneur/Investor/Author/Financial Expert/Wealth Gap Expert/Writer/Speaker/Board Director

Jose Turkienicz

C-Suite/Entrepreneur/Board/Operations/Supply Chain

Rayford Davis

Creating more large diverse-owned businesses

Product

Problem

Enterprises struggle to efficiently identify and onboard small and diverse suppliers due to manual, repetitive sourcing processes and inefficient data management. Many small and diverse suppliers lack the specialization, scale, and growth potential required to meet enterprise demands. This makes it difficult for enterprises to meet their supplier diversity goals, which are projected to increase significantly in the coming years.

Solution

Scaleup automates supplier discovery, development, and management for enterprises by leveraging Generative AI to identify and assess small and diverse suppliers. The platform streamlines the procurement process by sourcing best-fit suppliers based on enterprise buying needs, vetting suppliers to determine capabilities and scalability, and maintaining up-to-date supplier data across the enterprise. This enables enterprises to make smarter, quicker buying decisions and increase the return on investment from supplier diversity initiatives.

Target Audience

Scaleup targets enterprise procurement and supplier diversity teams, particularly those in Fortune 500 companies, seeking to streamline supplier discovery and improve the efficiency of their diverse sourcing initiatives.

Features

Generative AI-powered supplier sourcing to identify best-fit suppliers
Automated vetting and assessment of supplier capabilities and scalability
Centralized platform for maintaining and updating supplier data
Streamlined procurement process for faster buying decisions
Support for meeting supplier diversity goals