Tennders
Tennders is a technology company.
Financial History
Tennders has raised $1.0M across 1 funding round.
Frequently Asked Questions
How much funding has Tennders raised?
Tennders has raised $1.0M in total across 1 funding round.
Tennders is a technology company.
Tennders has raised $1.0M across 1 funding round.
Tennders has raised $1.0M in total across 1 funding round.
Tennders has raised $1.0M in total across 1 funding round.
Tennders's investors include Yago Arbeloa.
Tennders is a Barcelona-based digital logistics startup founded in 2021 that provides a comprehensive Freight Management System (FMS) for road freight transport, including tools like TenndersFMS, TenndersFEX, and AI-driven agents.[1][2][3][5] It serves companies in the land supply chain—such as carriers, forwarders, shippers, and brokers—primarily in Europe (e.g., Spain, Poland, CEE regions), solving inefficiencies like empty truck runs, manual processes, high brokerage intensity, and sustainability challenges by digitizing operations, optimizing capacity matching, and reducing carbon footprints.[1][2][3][4] The platform emphasizes a balance of technology and human service, with features for load/truck matching, emissions tracking (in beta), and compliance with EU regulations like GDPR and Fit for 55.[1][2]
Tennders targets small and medium-sized enterprises (SMEs) needing affordable digitalization, offering standardized yet customizable solutions that cut unnecessary kilometers, enhance profitability, and promote sustainability without fully automating traditional roles.[1][3]
Tennders emerged from the founders' direct experience in logistics brokerage, where they observed intense workloads, talent loss, and value destruction in traditional road freight operations.[2] Founded in 2021 by Mike Cuingnet, with key involvement from figures like CMO Rui Alves, the company was established in Barcelona to digitize and optimize the sector more efficiently and sustainably.[1][3] Several founders had worked as transport intermediaries, realizing technology could enable freer, incentive-aligned workflows while supporting a gradual transition in a people-centric industry.[2][3]
Early traction came from internal testing and pilots with trusted companies, refining tools like the broker digitization product and a B2B hybrid marketplace connecting carriers, customers, and agents.[3] Pivotal moments include committing to ESG reporting with EADA Business School and aligning with EU sustainability goals, positioning Tennders as a bridge for SMEs toward digital and green transformation.[1][3]
Tennders rides the wave of digital logistics transformation in Europe's road freight sector, a €300B+ market plagued by 25-30% empty runs, manual inefficiencies, and regulatory pressures like Fit for 55 for decarbonization.[1][2][3] Timing is ideal amid post-pandemic supply chain disruptions, rising fuel costs, and EU mandates for emissions reporting, where SMEs—core to the ecosystem—lag in digital adoption.[3]
Market forces favoring Tennders include AI/ML for matching/optimization, hybrid marketplaces blending digital efficiency with trusted human brokerage, and sustainability demands driving ESG investments.[1][5] It influences the ecosystem by enabling smaller players' access to tools once reserved for giants, fostering a more sustainable, collaborative network that cuts sector-wide CO₂ while retaining jobs.[2][3]
Tennders is poised for expansion with AI agents maturing, FEX scaling across Europe, and emissions features launching from beta, targeting deeper SME penetration and potential B2B marketplace dominance.[1][3][4] Trends like AI logistics automation, stricter EU green regs, and e-commerce freight surges will propel growth, though competition from incumbents requires sustained innovation in hybrid models.[2][5]
Its influence may evolve from niche optimizer to sector sustainability leader, empowering a fragmented industry toward net-zero goals—digitizing roads one efficient load at a time, true to its one-stop-shop roots.[1][3]
Tennders has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in September 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2022 | $1.0M Seed | Yago Arbeloa |