Suppeco

What Suppeco does

Suppeco is a London-based, cloud-native SaaS company that provides AI-driven Supplier Relationship Management (SRM) software for enterprise and SME procurement teams. The platform is designed to surface the operational narrative behind supplier performance that traditional KPI scorecards miss, with claims that 25-33% of negotiated supplier value is typically lost over the contract term because relationship data is not actively captured. The foundational product, Suppeco Core, delivers collaborative supplier workspaces, an unlimited KPI Creation Suite, automated contract event and audit workflows, and a shared document environment; SuppEQ, an AI module currently in Beta, layers NLP, predictive analytics, anomaly detection, and generative AI on top to convert unstructured customer-supplier interactions into daily risk and value signals. The platform is built on Microsoft Azure with an API-first architecture and integrates with Market Dojo (e-sourcing), DitchCarbon (Scope 3 carbon data), Journi (generative AI), GoCardless (payments), and Zoho (CRM).

The company operates a subscription-based SaaS model priced from £6,000 per year for small teams, scaling to enterprise deployments, with optional add-on modules (Auto Risk, Reciprocal Heatmap, Psychometric) sold separately. Distribution combines direct enterprise field sales, a dedicated reseller channel, the Azure Marketplace (transactable since May 2024), and the UK G-Cloud 13 framework for public sector. The customer base spans FTSE 100 enterprises (notably BAE Systems and its digital intelligence arm) to mid-market firms (Stott And May, Allvotec), with explicit positioning for sustainability-focused organizations via the DitchCarbon carbon intelligence integration. Suppeco is privately held, ISO 27001 and Cyber Essentials certified, and IDC-recognized as a 2023 Innovator; it appears bootstrapped or minimally funded, with only one early funding event disclosed (May 2019, ~$652K) and a small 1-10 person headcount. The leadership team is led by Founder & CEO Sheldon Mydat, with senior executives drawn from McKinsey, HPE, Ford, NHS, The Economist, and The Times.

Name

Suppeco

Legal name

Suppeco Limited

Website

https://suppeco.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Suppeco is a London-based cloud-native SaaS platform that provides AI-driven supplier relationship management software to enterprise and SME procurement teams. Its SRM platform and SuppEQ GenAI module surface risk and value signals from supplier interactions that traditional KPIs miss, sold via annual subscriptions from £6,000.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. SaaS Subscription: Annual or multi-year subscription-based pricing model. Starting from £6,000 per year for small teams. Flexible subscription plans with optional functionality modules configurable per customer.

Pricing tiers

Go-to-market motion4 records

Distribution channels4 records

Marketing channels9 records

Core offering

Suppeco is a cloud-native SaaS platform for Supplier Relationship Management (SRM) that uses AI (SuppEQ) to analyze unstructured operational data from customer-supplier interactions, surfacing real-time risk and value signals that traditional KPIs and dashboards miss. The platform provides KPI creation, collaborative document management, automated contract events and workflows, and is sold via annual subscription starting from £6,000 per year.

Product overview

Suppeco is an AI-driven Supplier Relationship Management (SRM) software company offering a platform-plus-modules architecture. The foundational product is Suppeco Core, a collaborative SRM platform that provides relationship infrastructure, KPI creation, document collaboration, automated workflows, and live operational data insights. Suppeco Core is available as a standalone solution or with add-on modules. SuppEQ is Suppeco's AI-powered GenAI module (currently in Beta) that provides relationship intelligence by analysing unstructured supplier interaction data to surface risk and value signals that traditional KPIs miss. Additional optional modules referenced include Auto Risk (automated risk management), Reciprocal Heatmap (relationship visualization), and Psychometric (behavioural assessment). Suppeco is available on the Azure Marketplace for simplified procurement and cloud deployment.

Differentiator

Problem solved

Functional benefit

Brands

• Suppeco Core: Core supplier relationship management platform providing KPI creation, document management, and collaboration tools.
• SuppEQ

Products and services

• Suppeco Core Foundational cloud-native SRM platform providing relationship infrastructure, KPI creation suite, collaborative document management, automated workflows, and live operational data insights. Designed for procurement and supply chain teams at enterprises and SMEs to measure, manage, and improve supplier relationships beyond traditional dashboards.
• SuppEQ GenAI AI-powered relationship intelligence module (GenAI/Beta) that turns everyday supplier interactions and operational data into actionable risk and value signals. Analyses unstructured text and structured data in real time using generative AI built on Microsoft Azure AI and Semantic Kernel framework, delivering daily insights rather than periodic reviews.

Quantifiable outcome

• 3-10% incremental annual savings from dynamic real-time insights vs static reporting
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability8 records

Feature7 records

Partnerships

14 partnerships are on record, tiered core and minor.

• Positive PurchasingcoreStrategic or Co-development Partner · 2 June 2025Strategic alliance integrating Suppeco's advanced SRM technology with Positive Purchasing's industry-leading procurement methodologies. Combines digital innovation with strategic procurement capabilities for enhanced supplier collaboration and category-specific strategies.
• ProcuaryminorGTM or Marketing Partner · 6 February 2025Event sponsorship for Procuary fundraiser celebrating procurement professionals and raising funds for Samaritans and Cancer Research UK. Suppeco sponsored Best Linkediner award.
• Procurement in 5 MinutesminorGTM or Marketing Partner · 27 September 2024Podcast partnership with show boasting 75,000+ followers. Suppeco sponsors content featuring procurement industry thought leaders and insights on supply chain relationships.
• JournicoreStrategic or Co-development Partner · 29 August 2024Generative AI partnership leveraging Journi's advanced AI capabilities integrated into Suppeco's digital relationship layer. Uses Microsoft Azure AI and Semantic Kernel framework to deliver market-ready AI proposition for SRM innovation.
• Microsoft AzurecoreTechnology or Integration · 28 May 2024ISV partnership with Microsoft; co-selling initiative through Azure Marketplace. Suppeco is a cloud-native platform hosted on Azure, built as a Microsoft co-sell partner leveraging Azure infrastructure for scalability, security, and enterprise-grade data protection.
• Santander NavigatorminorGTM or Marketing Partner · 9 May 2024Selected by Santander, Foley and techUK for exclusive 15-strong cohort presenting climate tech solutions to Australia. Part of program providing assistance and resources to scale into specific regions.
• DitchCarboncoreTechnology or Integration · 26 May 2023Carbon intelligence partnership enabling Suppeco clients to identify climate risks within their supply chain. Provides access to over 2 million company records along with climate risk profiles for Scope 3 emissions management.
• Institute for Supply Management (ISM) New JerseycoreGTM or Marketing Partner · 22 May 2023SRM Workshop Series 'Calling All Relationships' - four-episode workshop covering supplier management fundamentals, relationship layer, governance, and value creation. Features CEO Sheldon Mydat and News Corp's David Johnson.
• Market DojocoreTechnology or Integration · 23 September 2022Embedded e-sourcing partnership allowing Suppeco customers to access Market Dojo's self-service, pay-as-you-go e-sourcing solution for creating sourcing events directly within Suppeco's collaborative relationship environment.
• Crown Commercial ServicescoreChannel Partner/ Reseller/ Distributor · 12 September 2022Approved supplier on G-Cloud 13 Framework (Lots 1-3) for UK government digital marketplace. Services available from November 2022.
• Procurement & Supply Chain LiveminorGTM or Marketing Partner · 26 August 2022Event partnership for London conference on October 12-13, 2022. Participation in panels on future of supply chain relationships and digitisation.
• WeTransactminorGTM or Marketing PartnerAzure Go-To-Market Partner providing strategic advisory services for Azure Marketplace deployment and market expansion.
• TackleminorGTM or Marketing PartnerAzure Marketplace Go-To-Market Partner and advisor supporting marketplace listing and commercialization.
• ProcuretechminorGTM or Marketing PartnerEcosystem partnership featured in ProcureTech Landscape as innovative approach to supply chain relationship management.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Ivalua: Ivalua provides a unified spend management and SRM platform with deep supplier collaboration capabilities. It is comparable to Suppeco as a directly competing SRM SaaS vendor targeting large enterprises, though Ivalua offers a much broader source-to-pay footprint.
• Corcentric (Determine): Corcentric (formerly Determine) provides contract management and SRM solutions for procurement and finance teams. It is comparable to Suppeco as a directly competing SRM-focused SaaS provider targeting enterprise supplier-collaboration and contract outcomes.
• Jaggaer: Jaggaer is an independent procurement and SRM suite provider offering supplier management, sourcing and contract management. It is comparable to Suppeco as a directly competing SRM-focused platform serving enterprise procurement teams with supplier-collaboration and relationship-management functionality.
• Zycus: Zycus is an AI-powered procurement and SRM suite focused on source-to-pay automation. It is comparable to Suppeco as a directly competing SRM SaaS peer investing in AI for procurement insights, and competes for the same enterprise procurement buyers Suppeco targets.

Broad incumbents

• SAP Ariba: SAP Ariba is the dominant enterprise procurement and SRM suite, embedded in the SAP install base. It is comparable to Suppeco as a direct competitor for SRM buyer-supplier collaboration workflows, but operates as part of a much broader procurement ecosystem rather than a focused SRM niche.
• Coupa Software: Coupa (acquired by Thoma Bravo) is a large spend management platform offering supplier relationship management within its broader source-to-pay suite. It is comparable to Suppeco as a B2B SaaS competitor targeting procurement and supplier-collaboration use cases, but with vastly greater scale, integrated capabilities, and an incumbent customer base.
• GEP: GEP is a large procurement software and services firm offering SMART by GEP for source-to-pay and supplier management. It is comparable to Suppeco as an enterprise SRM competitor, but pairs its software with a sizable procurement services arm and broader portfolio.

Emerging players

• Keelvar: Keelvar provides AI-driven sourcing optimisation and supplier management for procurement teams. It is comparable to Suppeco as an emerging SRM-adjacent SaaS peer using AI to enhance procurement decisioning, with overlap on supplier collaboration and analytics.
• Simfoni: Simfoni offers AI-powered spend analytics and SRM tooling for mid-market and enterprise procurement teams. It is comparable to Suppeco as an emerging peer focused on procurement analytics and supplier intelligence, with overlapping buyer personas.

Others

• Market Dojo: Market Dojo provides self-service e-sourcing and eAuctions that are embedded inside Suppeco's collaborative environment. It is comparable as an ecosystem partner and adjacent procurement SaaS peer, sharing Suppeco's mid-market procurement buyer base and channel overlap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/suppecosrm
• Facebookfacebook.com/suppeco
• LinkedInlinkedin.com/company/suppeco

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds1 record

Investors

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

M&A

Investments

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

Frequently asked questions about Suppeco