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Tengo Secures €3M Seed Round Led by Point Nine to Scale AI‑powered Public Procurement SaaS
SeedAISaaSB2B GrowthVenture Capital

Tengo Secures €3M Seed Round Led by Point Nine to Scale AI‑powered Public Procurement SaaS

P
Pulse
•June 25, 2024
P
Pulse•Jun 25, 2024
0

Participants

Tengo

Tengo

company

Point Nine

Point Nine

investor

Deal Summary

Spanish startup Tengo, which uses AI to automate public‑sector tender discovery and response, announced a €3 million seed round. The round was led by venture firm Point Nine, providing capital to expand its SaaS platform for B2B customers handling government contracts.

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