Nordics

Nordics, a Slovakia-based startup founded in 2020, has positioned itself at the forefront of transforming the IT procurement landscape. With a compelling slogan of "20% guaranteed savings on external IT services — next-gen AI procurement platform," Nordics aims to tackle the high failure rate of IT projects by revolutionizing vendor selection processes through its innovative Vendor Intelligence Platform.

This platform eliminates the traditional reliance on subjective decision-making driven by politics and relationships, replacing it with data-driven choices. Promising to save enterprises over 20% on external IT expenditures, the platform not only benchmarks rates against real market data but also matches projects with vendors with proven domain expertise.

Having already achieved a remarkable milestone of over €50M in tenders processed and corresponding verified savings, Nordics is on a trajectory to scale 10× to €500M by 2026. Esteemed clients including Siemens and others from the Big 4, entrust Nordics for reliable vendor decisions in a market exceeding €500B in value.

Despite its nascent stage, with a €50K Angel Round investment as of September 2020, Nordics not only offers a transformative vision but also a proven track record, making it a promising candidate for further investment.