ProcureTech100 is the definitive, global 100 pioneering digital procurement solutions.
Here we reveal a little bit about the pioneers in the B2B Marketplace category.
“The ProcureTech100 are pioneers. Pioneers that are inspiring and driving digital transformation. Pioneers that are customer centric, innovative, high growth and making a social impact. Pioneers that are agile and scalable, with a team dedicated to creating an impact that matters.”
ProcureTech
The 2021 ProcureTech100 were selected from over 4,000 digital solutions from across the planet, using enriched data and analysis, combined with the collective experience of over 60 procurement leaders, technology experts and B2B investors. Pioneers were identified across 14 different categories.
The B2B Marketplace category is one of the fastest growing in the particular, in the top marketplaces with a distinct ‘thrive or survive’ syndrome at play. The pandemic has acted as an accelerator for many, especially where they connect the supply chain. There are also a growing number of niche marketplaces with defined specialties allowing a company to really focus their B2B buying efforts on the area that suits them. Finally, marketplace ‘infrastructure’ solutions are enabling the rapid scaling of marketplaces too.
The 2021 ProcureTech100 B2B Marketplace pioneering digital procurement solutions are:
Everything you love about Amazon. For business.
Founded: 2015 HQ: Seattle, USA CEO: Alexandre Gagnon, VP Amazon Business Worldwide
Amazon Business helps millions of customers worldwide—from small businesses, schools, hospitals, and government agencies, to large enterprises with global operations—reshape their procurement with cost and time savings, greater productivity, and insightful purchasing analytics. Procurement and business leaders enjoy convenient shipping options on hundreds of millions of supplies across categories like office, IT, janitorial, food service, and professional medical supplies.
Customers also have access to a variety of business-tailored features and benefits, including Business Prime, business-only pricing and selection, single or multi-user business accounts, approval workflow, purchasing system integrations, payment solutions, dedicated customer support, and more. Amazon Business is currently available in the United States, Canada, United Kingdom, Germany, France, Italy, Spain, Japan, and India.
Enabling you to increase profitability, mitigate risk, and attain qualified talent by utilizing the extended workforce.
Founded: 2000 HQ: USA CEO: Doug Leeby
For more than 20 years, Beeline‘s software solutions have enabled organizations to source and manage their non-employee labour. Our solutions, supported by the world’s deepest, most experienced team of contingent workforce specialists, control costs, mitigate risks, enhance workforce visibility, improve efficiency, and increase productivity. Beeline pioneered the world’s first extended workforce platform to solve the complexities of managing the modern workforce. With a data set encompassing more than 30 million workers and over $700 billion in talent spend spanning more than 20 years, its intelligence-driven platform transforms how businesses engage, manage, and optimize external talent across more than 120 countries.
Enterprises benefit from our unmatched experience and innovation, deeply seasoned experts, and industry-leading partner network to connect them to the remarkable talent within the global extended workforce. From our locations around the world, we deliver innovative technology, end-to-end global and localized customer engagement services, and value-added capabilities to help many of the world’s largest enterprises meet their most critical talent needs. Our advanced cloud-based technologies support more than 300 Global 2000 clients worldwide.
Unleash the potential of manufacturing
Founded: 2017 HQ: Japan CEO: Yushiro Kato
The manufacturing industry is Japan’s core industry, boasting a gross domestic product of 180 trillion yen. In fact, about 120 trillion yen is accounted for by the cost of parts procurement. Despite having such a large proportion, the procurement sector has not undergone major innovation for more than 100 years. In particular, in parts procurement in the high-mix low-volume production industry (large-scale transportation equipment, industrial machinery, medical equipment industry, etc.), which accounts for about one-third of the total, unstable ordering, labor required for ordering and quoting, and procurement.
There were various social issues on both the ordering side and the ordering side, such as the cost and the high deficit ratio on the production side. By solving these problems, we believe that manufacturers around the world, not just in Japan, will be able to focus on higher value-added work and maximize the potential of the manufacturing industry as a whole. From there, Caddy was the first in the world to develop “CADDi,” a service that connects orderers of custom-made products and processing companies nationwide using automatic quotation technology.
Knowde is the world’s marketplace for ingredients, polymers, and chemistry.
Founded: 2017 HQ: USA CEO: Ali Amin-Javaheri
Knowde is the leading marketplace for ingredients, polymers, and chemistry. For the first time ever, R&D teams and buyers can search, learn, engage, sample, quote and purchase from every major producer on earth – all in one place. Knowde provides chemical producers the technology required to move online quickly and meet the new needs of customers who want a better online buying experience. Marketplaces have modernized major industries, and Knowde is bringing this same transformation to the chemical industry.
Knowde is the only venture-capital backed chemical marketplace, trusted by industry-leading chemical producers across the globe. Knowde offers access to over 2,000 suppliers and over 100,000 chemical products. We believe in the power of chemistry. We believe in the power of chemists. We strive to optimize your journey to market so that you can continue to innovate and make a rich global impact. We are a team of contrarians, groundbreakers, and pioneers. Join us in disrupting the largest industry on Earth.
The integrated platform for learning and development leaders to deliver, manage, and measure employee growth at scale.
Founded: 2017 HQ: USA CEO: Cameron Yarbrough
At Torch, we are coaches, psychologists, entrepreneurs, and people managers who have seen firsthand the impact of thoughtful leadership. We’ve also seen the chaos that results from ill-equipped leaders at the helm. This is why we exist – to build better leaders.
Torch‘s flexible platform combines both humans and technology to deliver digital learning and leadership development in a holistic way. Powered by data-driven personalization, top-tier coaching, and the most engaged mentor community in the world. We believe that business growth comes from personal growth. Torch has helped more than 10,000 leaders across over 200 enterprise and rapid-growth companies, including clients like Reddit, Gilead, Zendesk, and American Express. We’ve raised a total of $19M from Norwest Venture Partners, Initialized Capital, West, Refinery Ventures and Y Combinator.
Join the Workforce Management Company disrupting the VMS industry.
Founded: 2017 HQ: USA CEO: Shashank Saxena
VNDLY is a next-generation technology platform and marketplace designed for hiring managers at large corporations and vendor account management teams to come together on a common platform for end-to-end contractor recruiting, on-boarding, and full lifecycle management.
- VNDLY completely automates the workflow from job requisition to job closure. • It matches candidates on technical capabilities and a variety of personality traits for more satisfying work fulfillment.
- Candidate on-boarding and off-boarding, vendor on-boarding, vendor invoicing, contractor payments, and vendor performance benchmarking are all handled through the platform.
- VNDLY is designed to provide incredible user experience, intelligent insights and improved productivity for everyone involved.
- All of this is executed at a fraction of the current market price while also saving time and providing real-time reports and analytics
Xometry is the leading AI-enabled marketplace for on-demand manufacturing.
Founded: 2013 HQ: USA CEO: Randy Altschuler
Xometry is the leading AI-enabled marketplace for on-demand manufacturing, transforming one of the largest industries in the world. With its proprietary technology, Xometry creates a marketplace that enables designers and engineers to rapidly source high-quality on-demand manufactured parts and assemblies.
Xometry‘s innovative platform also empowers sellers of manufacturing services across the nation to grow their businesses. Xometry‘s buyers range from self-funded startups to Fortune 100 companies. Xometry‘s online quoting portal and network of thousands of manufacturing facilities guarantees fast lead times while offering a broad array of capabilities, including CNC Machining, 3D Printing, Injection Molding, Sheet Metal, and Casting.
A leading enterprise marketplace solution connecting eCommerce to life science.
Founded: 2015 HQ: USA CEO: Florian Wegener
ZAGENO is on a mission to accelerate scientific innovation by streamlining biotech purchasing processes with its award-winning, first-of-its-kind e-commerce platform. With over 25 million product SKUs available from more than 5,000 unique product brands, ZAGENO makes online shopping for any research material convenient, efficient and reliable.
The ZAGENO experience includes its Scientific Score, a best-in-class product rating system that offers unbiased, peer-reviewed ratings to support accurate purchasing decisions. Available on desktop, tablet, and mobile devices, ZAGENO makes biotech purchases easier than ever and is an ideal sales channel for suppliers and partners. Founded in 2015, the company is headquartered in the United States and has additional offices in Germany, and Poland.
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