Stimulus
Help companies build more valuable vendor and supplier relationships
Industry
Philly
Role
Seed Round
Help companies build more valuable vendor and supplier relationships
Philly
Seed Round
Stimulus is a relationship intelligence (SaaS) platform that uses data insights, relationship-building tools, as well as a proprietary score to help companies make the best sourcing, procurement, and purchasing decisions, while optimizing, nurturing, and growing their supplier ecosystems. Our platform is unique because it provides visibility to enable teams to analyze supplier data and view actionable insights - helping companies build honest, transparent relationships that lead to better business outcomes. Stimulus’ makes it more efficient for companies to choose the right suppliers, fulfill business objectives including location-based and DEI criteria by easily comparing suppliers using relevant metrics and data points, and quickly matching them to available contract opportunities. This gives decision-makers the ability to make the best purchasing decision to build an ecosystem that their organization can depend on at all times. Our platform can significantly drive down the billions of dollars lost in aggregate due to inefficient, cumbersome, and opaque interactions between companies and their suppliers. These are savings that drop straight to the bottom line, improving profit margins.