Tengo is an AI‑driven platform that continuously monitors over 50 French (and soon European and private) procurement portals, surfacing relevant public tenders and extracting key data from tender documents. It provides instant summaries, highlights risk points, and offers collaborative tools for teams to assign tasks, comment, and share notes, while generative AI assists in drafting compliant bid responses and tracking contract renewals.
Funding
$3.2M 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.
PNFounders
Product
Problem
Businesses seeking public contracts often miss opportunities or waste time manually monitoring dozens of procurement portals, extracting relevant information, and drafting compliant responses. The complexity and volume of public tender documentation make it difficult to assess suitability and respond efficiently.
Solution
Tengo provides an AI‑driven platform that continuously scans over 50 French (and soon European and private) procurement portals to surface relevant public tenders. The system extracts key data from the DCE, highlights risk points, and presents concise summaries in three clicks. Integrated collaboration tools let teams assign responsibilities, comment, and share notes on each opportunity. Built‑in generative AI assists in drafting tailored responses that align with buyer criteria, accelerating the go/no‑go decision and proposal preparation. The platform also tracks contract renewals, offers buyer contact details, and visualizes market trends to support strategic planning.
Target Audience
Primary users are procurement teams, business development units, and SMEs that regularly bid on public contracts and need a faster, more accurate way to monitor and respond to tenders.
Features
- Automated monitoring of >600 public tenders daily across 50+ platforms with real‑time alerts
- AI‑powered extraction and summarization of DCE documents, highlighting critical clauses and blockers
- Instant access to relevant sections of tender files and buyer contact information
- Collaborative workspace for assigning tasks, commenting, and sharing notes within teams
- Generative AI assistance for drafting and revising bid responses to match procurement criteria
- Forecasting of contract renewals and market trend visualizations for strategic insight
- Secure data handling ensuring confidentiality of all uploaded documents