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TealBook

Full company profile

uuid0003eex

Namestring
TealBook
Websiteurl
tealbook.com
Company typeenum
Private
Founded yearint
2014
Descriptiontext

TealBook is a Toronto-based provider of vendor master data management technology founded in 2014 by Stephany Lapierre. The company's core function is solving the foundational supplier data quality problem in enterprise procurement: identifying and resolving duplicate supplier records, mapping corporate parent-child hierarchies, and cleansing fragmented vendor master data. Its proprietary technology in entity resolution, deduplication, and corporate hierarchy mapping addresses the root cause of downstream procurement failures, including duplicate payments, missed discounts, and unreliable diversity and compliance reporting.

On April 2, 2026, TealBook was acquired by Supplier.io, a supplier intelligence platform, and its technology was integrated into the new Atlas platform covering 225 million global supplier profiles aggregated from 450+ trusted sources. Atlas is sold as a platform-plus-modules architecture, with Supplier.io modules for data enrichment, supplier sourcing and discovery, spend analytics, carbon analytics (Scope 3), benchmarking, supplier registration, economic impact analysis, and Tier 2 spend reporting, plus TealBook's legacy vendor master data cleansing, entity resolution, and corporate hierarchy mapping modules. The combined platform integrates with SAP Ariba and Oracle and is used by 58% of the Fortune 100, with named customers including Kraft Heinz, Logitech, Hyatt, United Airlines, UScellular, Aramark, Ford, PG&E, Citizens Bank, KeyBank, and Intuit.

TealBook operated an enterprise SaaS business model with quote-based annual subscriptions sold through direct field sales targeting large procurement organizations. The company was privately held, headquartered in Toronto, with 51–100 employees and approximately $63M raised across nine funding rounds from 2015 to 2021, led by investors including Ten Coves Capital, RTP Global, S&P Global, Workday Ventures, BDC, and RBC Ventures. Following the Supplier.io acquisition, TealBook operates as a wholly-owned subsidiary within the combined Atlas platform.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersToronto, Canada
HQ citystring
Toronto
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
supplier data management, vendor master data, procurement intelligence, supplier diversity software, entity resolution technology
Industry4 codes
1Vendor Master Data Management & Onboarding
CodeBPAAAJABPrimaryYes
2Data Quality, Profiling & Cleansing
CodeHDAEADADPrimaryNo
3Vendor & Contract Management (Software/Cloud)
CodeBPAEAOADPrimaryNo
4Procurement & Strategic Sourcing
CodeBPAHAHABPrimaryNo
NAICS code1 code
  • Software Publishers5132
SIC code1 code
  • Services-Computer Programming, Data Processing, Etc.7370
Product category
Vendor Master Data Management Software
Social media profiles2 records
Revenue model1 record
1Software Subscription (SaaS)
TypeSubscription Recurring
Description

The combined platform operates on a subscription/SaaS model for enterprise procurement organizations, providing vendor master data management, supplier intelligence, and diversity tracking capabilities on a recurring license basis

tealbook.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Pricing details1 tier
1Enterprise subscription pricing
ModelSubscriptionBilling cadenceAnnual
Notes

Quote-based / Not publicly disclosed

tealbook.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

TealBook provided vendor master data management technology for enterprise procurement organizations. Its core capabilities centered on entity resolution, deduplication, and corporate hierarchy mapping to transform fragmented supplier records into a single, trusted source of truth. The platform combined vendor data cleansing, supplier intelligence, and diversity tracking capabilities on a subscription basis for Fortune 100 and large enterprise procurement teams.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Kraft Heinz saved nearly $1 million per year in supplier data maintenance costs
+3 more records
Product overview1 text field

TealBook was a provider of vendor master data management technology focused on supplier data quality solutions. Following its acquisition by Supplier.io in April 2026, TealBook's capabilities became integrated into Supplier.io's platform under the Atlas product. The combined offering is a platform-plus-modules architecture consisting of the Supplier Intelligence Platform as the core system, with specialized modules including Data Enrichment, Supplier Explorer, Spend Analytics and Reporting, Carbon Analytics, Benchmarking, Supplier Registration, Economic Impact Analysis, and Tier 2 Spend Reporting. TealBook's legacy products—Vendor Master Data Cleansing, Entity Resolution, and Corporate Hierarchy Mapping—now power Atlas's vendor master data management capabilities, which integrate with Supplier.io's supplier intelligence layer covering diversity certifications, sustainability attributes, risk and compliance data across 225 million global supplier profiles. The integrated platform works with existing procurement systems including SAP Ariba and Oracle.

Product and service10 records
1Atlas
CategoryVendor Master Data Management
Description

Atlas is a vendor master data management solution that transforms fragmented supplier records into a single, trusted source of truth. It delivers entity resolution, deduplication, corporate hierarchy mapping, and expanded supplier identification across 225 million global supplier profiles.

2Supplier Intelligence Platform
CategorySupplier Intelligence Platform
Description

The Supplier Intelligence Platform provides supplier tracking, finding, and impact measurement capabilities for sourcing with small, diverse, and sustainable suppliers. It includes data enrichment, supplier sourcing, and impact measurement modules.

3Data Enrichment
CategoryData Enrichment
Description

Data Enrichment matches supplier data against a database of 20M+ suppliers with data from over 450 trusted sources, providing detailed supplier profiles including certifications, sustainability ratings, GHG emissions metrics, and diversity status.

4Supplier Explorer
CategorySupplier Sourcing
Description

Supplier Explorer provides unlimited access to a continuously updated database of 20M+ suppliers and 820M+ insights, with advanced filters, Trust IQ evaluation tools, and Market Analyzer for uncovering high-potential sourcing categories.

5Carbon Analytics
CategorySustainability Analytics
Description

Carbon Analytics provides visibility into Scope 3 emissions, tracking and monitoring indirect greenhouse gas emissions across the supply chain.

6Benchmarking
CategorySourcing Analytics
Description

Benchmarking compares sourcing performance against industry peers and top performers, enabling goal setting and identifying underperforming areas and supplier opportunities.

7Vendor Master Data Cleansing
CategoryData Quality
Description

Vendor Master Data Cleansing technology provides data cleansing, standardization, and quality improvement for vendor master records, eliminating duplicates and fragmented records.

8Entity Resolution
CategoryData Quality
Description

Entity Resolution technology identifies and resolves duplicate supplier records using advanced matching logic, revealing true supplier counts and consolidated spend visibility.

9Corporate Hierarchy Mapping
CategoryData Quality
Description

Corporate Hierarchy Mapping provides accurate parent-child and ultimate ownership relationships to uncover hidden affiliations and concentration risk across corporate families.

10Economic Impact Analysis
CategoryImpact Measurement
Description

Economic Impact Analysis demonstrates procurement impact on communities by translating spend data into job creation, income generation, and tax contributions using Nobel Prize-winning methodology.

Scale indicator11 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeOthersAnnounced on2026-04-02
Description

Supplier.io acquired TealBook on April 2, 2026. The acquisition combines Supplier.io's supplier intelligence layer covering diversity certifications, sustainability attributes, risk and compliance data with TealBook's vendor master data cleansing, legal entity resolution, and corporate hierarchy mapping technology. The integrated platform, Atlas, covers 225 million global supplier profiles and is available immediately supporting SAP Ariba and Oracle.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Supplier diversity, compliance, and vendor-management platform; competes head-on for the diversity-tracking and supplier-information workloads Atlas addresses.

TypeBroad incumbent
Description

SAP's source-to-pay platform is the dominant procurement system in the Fortune 100 and the primary integration channel for Atlas; its vendor-master and supplier-data capabilities overlap directly with TealBook's specialization.

TypeBroad incumbent
Description

Cloud-based spend management platform with supplier-master, sourcing, and supplier-information modules; directly competes for the same enterprise procurement budgets as Atlas.

TypeDirect peer
Description

Source-to-pay and supplier-management suite with deep supplier-master, diversity, and risk data capabilities, addressing the same enterprise procurement buyers as Atlas.

5GEP
TypeBroad incumbent
Description

Procurement and supply-chain software and services provider with sourcing, spend analytics, and supplier-data offerings that overlap with Atlas's enterprise procurement stack.

TypeDirect peer
Description

Source-to-pay platform with vendor-master management, supplier information, and diversity/ESG capabilities targeting the same large-enterprise procurement organizations.

TypeDirect peer
Description

Procurement suite with supplier master, sourcing, and supplier-data modules competing for the same Fortune 100 and large-enterprise procurement accounts.

TypeEmerging player
Description

Sourcing optimization platform that complements core ERP/S2P suites; increasingly relevant as enterprises look to enrich supplier data and category intelligence on top of master records.

TypeDirect peer
Description

Spend analytics and procurement data platform that, like Atlas, turns fragmented supplier and spend data into actionable insights for enterprise procurement teams.

TypeEmerging player
Description

Sustainability ratings and Scope 3 emissions intelligence platform overlapping with Atlas's Carbon Analytics and ESG/supplier-diversity modules.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers11 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration2 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds9 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors18 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

TealBook

Vendor Master Data Management Softwaretealbook.com

What TealBook does

TealBook is a Toronto-based provider of vendor master data management technology founded in 2014 by Stephany Lapierre. The company's core function is solving the foundational supplier data quality problem in enterprise procurement: identifying and resolving duplicate supplier records, mapping corporate parent-child hierarchies, and cleansing fragmented vendor master data. Its proprietary technology in entity resolution, deduplication, and corporate hierarchy mapping addresses the root cause of downstream procurement failures, including duplicate payments, missed discounts, and unreliable diversity and compliance reporting.

On April 2, 2026, TealBook was acquired by Supplier.io, a supplier intelligence platform, and its technology was integrated into the new Atlas platform covering 225 million global supplier profiles aggregated from 450+ trusted sources. Atlas is sold as a platform-plus-modules architecture, with Supplier.io modules for data enrichment, supplier sourcing and discovery, spend analytics, carbon analytics (Scope 3), benchmarking, supplier registration, economic impact analysis, and Tier 2 spend reporting, plus TealBook's legacy vendor master data cleansing, entity resolution, and corporate hierarchy mapping modules. The combined platform integrates with SAP Ariba and Oracle and is used by 58% of the Fortune 100, with named customers including Kraft Heinz, Logitech, Hyatt, United Airlines, UScellular, Aramark, Ford, PG&E, Citizens Bank, KeyBank, and Intuit.

TealBook operated an enterprise SaaS business model with quote-based annual subscriptions sold through direct field sales targeting large procurement organizations. The company was privately held, headquartered in Toronto, with 51–100 employees and approximately $63M raised across nine funding rounds from 2015 to 2021, led by investors including Ten Coves Capital, RTP Global, S&P Global, Workday Ventures, BDC, and RBC Ventures. Following the Supplier.io acquisition, TealBook operates as a wholly-owned subsidiary within the combined Atlas platform.

TealBook firmographics

Firmographics
Name
TealBook
Website
https://tealbook.com
Company type
Private
Founded year
2014
Operating status
Acquired
Headcount range
51–100 employees
Ownership category
akta.pro rank

TealBook industry classification

Industry
Product category
Vendor Master Data Management Software
NAICS
Software Publishers (5132)
SIC
Services-Computer Programming, Data Processing, Etc. (7370)
akta.pro primary industry
Vendor Master Data Management & Onboarding (BPAAAJAB)
akta.pro secondary industries
Data Quality, Profiling & Cleansing (HDAEADAD), Vendor & Contract Management (Software/Cloud) (BPAEAOAD), Procurement & Strategic Sourcing (BPAHAHAB)

Keywords

  • Supplier data management
  • Vendor master data
  • Procurement intelligence
  • Supplier diversity software
  • Entity resolution technology

Where TealBook is headquartered

Location

Headquarters

HQ city
Toronto
HQ country
Canada
HQ region
North America

Offices3 records

Markets served

TealBook business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. Software Subscription (SaaS): The combined platform operates on a subscription/SaaS model for enterprise procurement organizations, providing vendor master data management, supplier intelligence, and diversity tracking capabilities on a recurring license basis

Pricing tiers

ModelBillingPrice
SubscriptionAnnualEnterprise subscription pricing

Distribution channels1 record

Marketing channels6 records

TealBook product offering

Product offering

Core offering

TealBook provided vendor master data management technology for enterprise procurement organizations. Its core capabilities centered on entity resolution, deduplication, and corporate hierarchy mapping to transform fragmented supplier records into a single, trusted source of truth. The platform combined vendor data cleansing, supplier intelligence, and diversity tracking capabilities on a subscription basis for Fortune 100 and large enterprise procurement teams.

Product overview

TealBook was a provider of vendor master data management technology focused on supplier data quality solutions. Following its acquisition by Supplier.io in April 2026, TealBook's capabilities became integrated into Supplier.io's platform under the Atlas product. The combined offering is a platform-plus-modules architecture consisting of the Supplier Intelligence Platform as the core system, with specialized modules including Data Enrichment, Supplier Explorer, Spend Analytics and Reporting, Carbon Analytics, Benchmarking, Supplier Registration, Economic Impact Analysis, and Tier 2 Spend Reporting. TealBook's legacy products—Vendor Master Data Cleansing, Entity Resolution, and Corporate Hierarchy Mapping—now power Atlas's vendor master data management capabilities, which integrate with Supplier.io's supplier intelligence layer covering diversity certifications, sustainability attributes, risk and compliance data across 225 million global supplier profiles. The integrated platform works with existing procurement systems including SAP Ariba and Oracle.

Differentiator

Problem solved

Functional benefit

Products and services

  • Atlas Atlas is a vendor master data management solution that transforms fragmented supplier records into a single, trusted source of truth. It delivers entity resolution, deduplication, corporate hierarchy mapping, and expanded supplier identification across 225 million global supplier profiles.
  • Supplier Intelligence Platform The Supplier Intelligence Platform provides supplier tracking, finding, and impact measurement capabilities for sourcing with small, diverse, and sustainable suppliers. It includes data enrichment, supplier sourcing, and impact measurement modules.
  • Data Enrichment Data Enrichment matches supplier data against a database of 20M+ suppliers with data from over 450 trusted sources, providing detailed supplier profiles including certifications, sustainability ratings, GHG emissions metrics, and diversity status.
  • Supplier Explorer Supplier Explorer provides unlimited access to a continuously updated database of 20M+ suppliers and 820M+ insights, with advanced filters, Trust IQ evaluation tools, and Market Analyzer for uncovering high-potential sourcing categories.
  • Carbon Analytics Carbon Analytics provides visibility into Scope 3 emissions, tracking and monitoring indirect greenhouse gas emissions across the supply chain.
  • Benchmarking Benchmarking compares sourcing performance against industry peers and top performers, enabling goal setting and identifying underperforming areas and supplier opportunities.
  • Vendor Master Data Cleansing Vendor Master Data Cleansing technology provides data cleansing, standardization, and quality improvement for vendor master records, eliminating duplicates and fragmented records.
  • Entity Resolution Entity Resolution technology identifies and resolves duplicate supplier records using advanced matching logic, revealing true supplier counts and consolidated spend visibility.
  • Corporate Hierarchy Mapping Corporate Hierarchy Mapping provides accurate parent-child and ultimate ownership relationships to uncover hidden affiliations and concentration risk across corporate families.
  • Economic Impact Analysis Economic Impact Analysis demonstrates procurement impact on communities by translating spend data into job creation, income generation, and tax contributions using Nobel Prize-winning methodology.

Quantifiable outcome

  • Kraft Heinz saved nearly $1 million per year in supplier data maintenance costs
  • +3 more outcomes

Companies that use TealBook

Customer profile

Named customers11 records

Segments5 records

Ideal customer profiles2 records

TealBook technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

TealBook partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Supplier.iocoreOthers · 2 April 2026Supplier.io acquired TealBook on April 2, 2026. The acquisition combines Supplier.io's supplier intelligence layer covering diversity certifications, sustainability attributes, risk and compliance data with TealBook's vendor master data cleansing, legal entity resolution, and corporate hierarchy mapping technology. The integrated platform, Atlas, covers 225 million global supplier profiles and is available immediately supporting SAP Ariba and Oracle.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

TealBook competitors and assessment

Company assessment

Direct peers

  • B2Gnow: Supplier diversity, compliance, and vendor-management platform; competes head-on for the diversity-tracking and supplier-information workloads Atlas addresses.
  • JAGGAER: Source-to-pay and supplier-management suite with deep supplier-master, diversity, and risk data capabilities, addressing the same enterprise procurement buyers as Atlas.
  • Ivalua: Source-to-pay platform with vendor-master management, supplier information, and diversity/ESG capabilities targeting the same large-enterprise procurement organizations.
  • Zycus: Procurement suite with supplier master, sourcing, and supplier-data modules competing for the same Fortune 100 and large-enterprise procurement accounts.
  • Sievo: Spend analytics and procurement data platform that, like Atlas, turns fragmented supplier and spend data into actionable insights for enterprise procurement teams.

Broad incumbents

  • SAP Ariba: SAP's source-to-pay platform is the dominant procurement system in the Fortune 100 and the primary integration channel for Atlas; its vendor-master and supplier-data capabilities overlap directly with TealBook's specialization.
  • Coupa Software: Cloud-based spend management platform with supplier-master, sourcing, and supplier-information modules; directly competes for the same enterprise procurement budgets as Atlas.
  • GEP: Procurement and supply-chain software and services provider with sourcing, spend analytics, and supplier-data offerings that overlap with Atlas's enterprise procurement stack.

Emerging players

  • Keelvar: Sourcing optimization platform that complements core ERP/S2P suites; increasingly relevant as enterprises look to enrich supplier data and category intelligence on top of master records.
  • EcoVadis: Sustainability ratings and Scope 3 emissions intelligence platform overlapping with Atlas's Carbon Analytics and ESG/supplier-diversity modules.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

TealBook social profiles

Digital presence

TealBook compliance and trust

Trust signal

Compliance1 record

TealBook financial estimates

Financial estimate

Revenue estimate

Valuation estimate

TealBook leadership team

Management profile

Number of profiles

TealBook funding detail

Funding detail

Funding overview

Funding rounds9 records

Investors18 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

TealBook M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TealBook

What does TealBook do?

TealBook provided vendor master data management technology for enterprise procurement organizations. Its core capabilities centered on entity resolution, deduplication, and corporate hierarchy mapping to transform fragmented supplier records into a single, trusted source of truth. The platform combined vendor data cleansing, supplier intelligence, and diversity tracking capabilities on a subscription basis for Fortune 100 and large enterprise procurement teams.

Is TealBook a public or private company?

TealBook is a private company. It is classified as venture growth investor backed and is currently acquired.

When was TealBook founded?

TealBook was founded in 2014. It employs 51 to 100 people.

Where is TealBook based?

TealBook is headquartered in Toronto, Canada, in the North America region.

How does TealBook make money?

One revenue line is on record: software Subscription (SaaS).

Who are TealBook's main competitors?

Direct peers on record are B2Gnow, JAGGAER, Ivalua, Zycus and Sievo. Broad incumbents are SAP Ariba, Coupa Software and GEP. Emerging players are Keelvar and EcoVadis.

Does TealBook have an API?

No public API is recorded for TealBook.

What industry is TealBook in?

TealBook's product category is Vendor Master Data Management Software. Its primary akta.pro industry code is BPAAAJAB, Vendor Master Data Management & Onboarding, with a secondary code of HDAEADAD, Data Quality, Profiling & Cleansing. Its NAICS code is 5132 and its SIC code is 7370.

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Live signals
FinSMEsSupplier.io Acquires TealBookSupplier.io, a Chicago-based provider of supplier intelligence, has acquired Toronto-based TealBook, a vendor master data cleansing provider, for an undisclosed amount. The acquisition will expand Supplier.io's capabilities across the full supplier data lifecycle and strengthen its Atlas vendor master solution with TealBook's advanced entity resolution technology, which covers 225 million global profiles. Supplier.io's platform is used by over 58% of Fortune 100 companies to manage diversity certifications, sustainability attributes, and supply chain risk.Pulse 2.0Supplier.io Acquires TealBook To Launch Vendor Data Management Solution AtlasSupplier.io, a supplier intelligence platform, announced it has acquired TealBook, a provider of vendor master data management technology, to strengthen its enterprise supplier data management capabilities and launch a new solution called Atlas. The acquisition addresses fragmented, duplicated, and unreliable vendor data—a widespread issue in procurement that leads to unnecessary costs and operational challenges for large organizations. Atlas integrates Supplier.io's existing supplier intelligence with TealBook's data cleansing, legal entity resolution, and corporate hierarchy mapping technology, covering over 225 million global supplier profiles.citybizSupplier.io Acquires TealBookSupplier.io, a leading provider of supplier intelligence, has acquired TealBook, a specialized vendor master data management company, as part of the launch of its new Atlas vendor master data management solution. The combined platform now covers 225 million global supplier profiles and has already demonstrated measurable results, including helping Kraft Heinz save nearly $1 million annually in supplier data maintenance costs. The acquisition extends Supplier.io's market presence to 58% of the Fortune 100, integrating TealBook's entity resolution and hierarchy mapping capabilities into a comprehensive supplier data platform.SupplierSupplier.io Acquires TealBook, Connecting Supplier Intelligence and Enterprise Data ManagementSupplier.io, a provider of supplier intelligence, has acquired TealBook, a vendor data management company, to create a unified supplier data platform called Atlas. The combined platform now covers 225 million global supplier profiles and integrates TealBook's vendor master data cleansing and entity resolution capabilities with Supplier.io's intelligence layer covering diversity certifications, risk, and compliance data. The acquisition is available immediately and supports existing procurement systems including SAP Ariba and Oracle.SalesTech StarSupplier.io Acquires TealBook, Connecting Supplier Intelligence and Enterprise Data ManagementSupplier.io, a provider of supplier intelligence, announced the acquisition of TealBook, a verified supplier data foundation, to enhance its vendor master data management capabilities. The acquisition coincides with the launch of Atlas, which combines both companies' technologies to cover 225 million global supplier profiles and has already delivered measurable results, including helping Kraft Heinz save nearly $1 million per year in supplier data maintenance costs. This strategic move positions Supplier.io to offer the full supplier data lifecycle in a single platform, addressing fragmented and untrusted vendor data that costs enterprises millions annually in duplicate payments and operational rework.Business InsiderHere's the 9-page pitch deck Tealbook used to raise its $50 million Series B and help businesses source from more diverse suppliersTealbook raised $50 million in a Series B round led by Ten Coves Capital, with participation from multiple investors. The Toronto-based supplier-data startup reported a 28% increase in diverse suppliers and dollars spent with them in its first year. The pitch deck is available for review.PR NewswireTealBook Partnership Positions UMass for Further Success in Supplier DiversityTealBook and the University of Massachusetts announced their first-year partnership results, which included a 28% increase in identified diverse supplier spend from $50 million to $64 million and a rise in diverse suppliers from 709 to 906. The partnership also added a new online portal with dashboards and watchlist notifications.ForbesStephany Lapierre Creates TealBook To Solve Supplier Data Access ChallengeTealBook, founded by Stephany Lapierre in 2014, uses AI to automate supplier data enrichment across millions of global suppliers. The company has raised $73 million in financing, including a $40 million B round in December 2021, and employs 130 people. Lapierre aims to make TealBook the best source of supplier data, potentially building a multibillion-dollar company.PR NewswireTealBook Supplier Diversity Intelligence Platform Now Available on SAP® StoreTealBook Inc. announced that its Supplier Diversity Intelligence platform is now available on SAP Store, integrating with SAP Ariba solutions including Supplier Lifecycle and Performance, Supplier Risk, and Buying. The platform enables businesses using SAP technology to gain visibility into small and diverse business certificates within their supply base and use that data to evaluate and increase diverse spending through strategic sourcing. TealBook is a partner in the SAP PartnerEdge program, and the integration represents a collaboration to advance digital procurement with trusted supplier data.PR NewswireSIG Announces Keynote Lineup and Agenda for its 2022 Global Executive SummitSourcing Industry Group (SIG) announced the keynote lineup and agenda for its 2022 Global Executive Summit scheduled for October 17-19 in Rancho Mirage, California. The three-day summit will feature executives from Coupa, TealBook, Sapience Analytics, and Randstad Sourceright delivering keynotes on topics including supply chain resiliency, cost optimization, and category management improvements. The event aims to help procurement and sourcing professionals address industry challenges through networking and solution demonstrations.