TealBook offers an AI‑driven Supplier Data Platform that resolves each supplier to its verified legal entity, de‑duplicates records, and maps corporate hierarchies to create a single source of truth for procurement. The platform continuously enriches supplier profiles with over 30 attributes—such as tax IDs, industry codes, and diversity certifications—and pushes the clean, up‑to‑date data in real time to ERP, source‑to‑pay, and risk systems, reducing manual cleanup and improving spend visibility, compliance, and sourcing decisions.
Funding
$40M 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.
1OTCFounders
Product
Problem
Procurement teams often work with fragmented, duplicate, and incomplete supplier records across multiple ERP, S2P, and other systems. Manual data cleanup is time‑consuming, leads to inaccurate spend visibility, compliance risks, and missed sourcing opportunities.
Solution
TealBook provides an AI‑driven Supplier Data Platform that automatically resolves each supplier to its verified legal entity, de‑duplicates records, and maps corporate hierarchies. The platform continuously enriches supplier profiles with over 30 attributes—including tax IDs, industry codes, and diversity certifications—sourced from global business registries. Enriched data is pushed in real time to connected procurement, finance, and risk systems such as SAP Ariba, Coupa, and Oracle, creating a single source of truth. Continuous refresh cycles keep records current without manual intervention, reducing data decay and supporting analytics, compliance, and strategic sourcing initiatives.
Target Audience
Primary customers are procurement, finance, and risk management teams in mid‑size to enterprise organizations that rely on ERP and source‑to‑pay systems for supplier management.
Features
- Legal entity resolution and corporate hierarchy mapping for 225M+ global supplier profiles
- AI‑powered duplicate detection and automatic merging of fragmented records
- Automated enrichment of 30+ supplier attributes (tax IDs, addresses, NAICS codes, diversity certifications, etc.)
- Real‑time data distribution to ERP, S2P, data lakes, and other procurement tools via seamless integrations
- Continuous refresh engine that updates supplier information from verified registries without manual effort
- Provenance and verification trails for each data point, ensuring auditability and compliance