Seed · AI & Machine Learning · Stockholm, Sweden · Founded 2018 · 75–95 employees
Tendium is transforming public procurement through AI, offering a cloud-based platform that helps companies efficiently find, qualify, and bid for public sector contracts. Founded in 2018, the company uses machine learning and natural language processing to automate tender monitoring, generate bid summaries, and streamline the bidding process. With $8M in revenue as of September 2025 and having raised $3.32M from 8 investors including DHS Venture Partners and Kaknäs Invest, Tendium serves SMEs and enterprises targeting government contracts. The company has scaled rapidly to around 95 employees and recently moved to new offices in Stockholm's Waterfront Building, positioning itself as a challenger in the growing GovTech space.