Back to Directory
Tenderd

Tenderd

ActiveHiring

AI-powered heavy equipment marketplace

Dubai, UAEFounded 2019
LogisticsAI & Machine Learning

Platform leveraging AI for construction, mining, and industrial equipment operations.

Founders

Arjun Mohan

Founder & CEO

Funding Rounds

Series AJun 2024
$30M

Lead: A.P. Moller Holding

UndisclosedJul 2023

Lead: Wa'ed Ventures

Investors: Wa'ed Ventures

Labelled "strategic" by the source. Undisclosed amount, described as a strategic investment by Aramco's VC arm; no round label given. Nakhla Ventures and Liquid 2 Ventures appear as 'existing investors' by June 2024 without any announced entry round, so they may have joined here or in an unannounced round between 2019 and 2024. Also: https://www.wamda.com/2023/07/tenderd-raises-investment-aramcos-waed https://www.thenationalnews.com/business/energy/2023/07/18/saudi-aramcos-venture-capital-arm-invests-in-ai-start-up-tenderd/ https://www.finsmes.com/2023/07/tenderd-receives-investment-from-waed-ventures.html Confidence: confirmed (round 13, Wa'ed Ventures / Tenderd (PRWeb press release)).

SeedJun 2019
$5.8M

Lead: Y Combinator

Investors: Y Combinator, BECO Capital, Paul Graham, Peter Thiel, Paul Buchheit, Justin Mateen, Matt Mickiewicz, VentureSouq, SOMA Capital, Dynamo, Global Founders Capital

Co-led by Y Combinator and BECO Capital (lead field holds YC; BECO is co-lead). Company's own blog copy of the release exists but the host refused the connection during this run. Called MENA's largest seed at the time. Also: https://www.menabytes.com/tenderd-seed/ https://www.wamda.com/2019/06/dubai-based-tenderd-raises-58-million-seed https://news.crunchbase.com/venture/tenderd-raises-5-8m-seed-proving-that-construction-tech-is-global/ https://blog.tenderd.com/tenderd-launches-with-menas-largest-seed-round-of-5-8m-and-an-all-star-cast-of-investors/ Confidence: confirmed (round 13, Tenderd (PRWeb press release)).

Something here wrong?

Every figure on this page is meant to have a source behind it. If one doesn't match reality, tell us and we'll fix it.

Feedback about Tenderd