Next in our portfolio spotlight series - published on our website (7pc.vc) to showcase the amazing work of our founders - is Stotles.
Stotles is revolutionising the way that government works with the private sector, with an all-in-one platform to digitise and streamline public sector procurement.
With more activity in the market, and and easier route for businesses to sell directly to government, Stotles will enable a world where our public services - from transport to healthcare - are delivered at the best possible quality, and lowest possible price.
For those that haven't used it, their platform presents a personalised feed of upcoming tenders and gives granular information on potential prospects. Instead of relying on word-of-mouth, businesses that want to sell into government will be able to track buyers, partners, projects, and competitors and approach them with the right message, at the right time.
We backed John, Carsten, and Taj in their first funding round back in 2020 - along with some great co-investors (Form Ventures, Speedinvest, FJ Labs, Headline) - and it's been fantastic to see the breadth of innovation that is now penetrating government organisations as a direct result of their platform.
#government#procurement#transformative#startup
Working with government has an unfortunate stereotype of sucking. What we do at stalls is help customers, help suppliers tackle all the unique ANS that are inflicted upon them when trying to work with government. There's unique data out there. There's different compliance procedures, different bank procedures. Style is really focused on giving suppliers that are in the private sector the tools, the data they need to work faster and work smarter and win more eventual revenue. One thing that this market is vastly lacking is. Software that personalizes the experience to the users they're used to. Very generic, irrelevant. Data and suggestions and workflows. We put a lot of effort into making sure that each workflow is fit for purpose for that salesperson in their territory, in their organization. The vision for the company is to unlock the potential of business and government working Better Together. So really 1015 years from now, we're going to have this very complete interface that thousands of government organizations as well as businesses are going to be using. And therefore we're going to have a lot more demand in the market, a lot more activity. And our public services overall are going to be delivered at a higher degree of quality for a lower price. If you breakdown what we're doing, we're helping governments and businesses work Better Together. And that might seem abstract, but essentially it affects every single person in society. So a lot of the services that we depend on, so roads, healthcare, education, it's all government driven. So if we can drive more competition, make that more effective for the everyday person, that's something that a society level that that we're doing, which is. Exciting investors and the investment community can be extremely valuable and we've been really lucky with the folks we've partnered with The process with 7% was very straightforward, very transparent, and I definitely take that as a as an indicator of how it is to work with AFAN day-to-day. And I would also kind of encourage founders to think about that it it's a good indicator and really enjoy it at that time working with with Andy and Avilo and also strategizing on like what the future would look like. Both of them have been awesome partners and along with. Peter and Andy currently.
Want to understand what drives us? 🏎️
Watch the video below to see why we’re excited about the future and how we’re driving meaningful change in the industry.
Our founders discuss the mission at Stotles and the innovative path we're forging in public-sector procurement 🚀
Proud to be featured in this video from 7percent Ventures.
#Stotles#PublicSector#Procurement#Innovation#Future
Next in our portfolio spotlight series - published on our website (7pc.vc) to showcase the amazing work of our founders - is Stotles.
Stotles is revolutionising the way that government works with the private sector, with an all-in-one platform to digitise and streamline public sector procurement.
With more activity in the market, and and easier route for businesses to sell directly to government, Stotles will enable a world where our public services - from transport to healthcare - are delivered at the best possible quality, and lowest possible price.
For those that haven't used it, their platform presents a personalised feed of upcoming tenders and gives granular information on potential prospects. Instead of relying on word-of-mouth, businesses that want to sell into government will be able to track buyers, partners, projects, and competitors and approach them with the right message, at the right time.
We backed John, Carsten, and Taj in their first funding round back in 2020 - along with some great co-investors (Form Ventures, Speedinvest, FJ Labs, Headline) - and it's been fantastic to see the breadth of innovation that is now penetrating government organisations as a direct result of their platform.
#government#procurement#transformative#startup
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💥 New Deal 💥
We are super excited to lead Cognyx's 1,7m€ Pre-Seed round alongside OSS Ventures and some of the most prominent business angels of the French & German startup scene 🔥
As they say, “Hardware is hard”! Cognyx's mission is to make it easier and faster to design.
The company identified a huge opportunity in the manufacturing sector: outdated systems have scattered essential engineering and product data, creating significant inefficiencies. The industry’s key R&D output, the Bill of Materials (BOM), often faces alignment issues across departments, slowing innovation and impacting product quality.
Cognyx is revolutionizing this space by integrating the latest technologies, such as knowledge graphs, to unify existing manufacturing softwares. Engineers can now collaborate in real-time on a single BOM, speeding up workflows and enhancing product optimization 🔧
And this is just the beginning—AI advancements are on the horizon! 🌟 Stay tuned.
We are delighted to support Matthias Berahya-Lazarus & Deon van der Vyver in this very first stage of development to build the future of hardware engineering
⬇️ Les Echos article in comments
Quentin MayolleUgo VarrassoVéronique JacqPaul-François Fournier#frenchtech#industrie4.0 #hardware#startups
What's a Fledgling?
A fledgling is a young bird whose wings have just become strong enough for flight. Fledgling Technologies is purposefully built to provide “outside expertise” to solofounders, idea-stage startups and other small companies that seek to advance their e-commerce businesses. We take your ideas and develop solutions using current and emerging technologies to help you drive sales. You can trust Fledgling to deliver your project on-time, cost-effectively and with ongoing support.
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🚀 Big News in Sales Tech!🚀
Futwork has just closed its Series A funding round, raising ₹20.9 crore ($2.5M), led by the Michael & Susan Dell Foundation, with contributions from Artha Ventures, Simile Capital, and other key players. This marks a huge milestone for the startup, which helps businesses build cost-effective outbound sales teams.
Key Highlights:
- Major Investor: Michael & Susan Dell Foundation led the round with ₹14.17 crore.
- Growth Plans: Futwork will use this fresh funding to supercharge growth, improve working capital, and solidify its financial foundation.
- Valuation: Now valued at ₹71 crore ($8.5M) post-funding.
- Impact: Futwork enables companies to scale tele-calling for product demos, customer feedback, and more without fixed costs.
Founded in 2020, Futwork is transforming sales outreach, making it flexible and scalable with zero fixed costs for businesses.
#StartupFunding#SalesTech#Innovation#Entrepreneurship#GrowthHacking#FutureOfWork
Stay tuned for more updates! 🔥
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https://www.7pc.vc/portfolio/stotles