Spend Network
- Company typePrivate
- Founded2007
- HeadquartersCroydon, United Kingdom
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
Spend Network firmographics
Firmographics- Name
- Spend Network
- Legal name
- Ticon UK Ltd.
- Website
- https://spendnetwork.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Spend Network industry classification
Industry- Product category
- Public Procurement Intelligence Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- E-Procurement & Spend Analytics (BPAIAEAI)
- akta.pro secondary industries
- Public Procurement & Contracting (BPAIAEAE), Spend Analytics & Reporting Support (BPAAAJAJ)
Keywords
Where Spend Network is headquartered
LocationHeadquarters
- HQ city
- Croydon
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Spend Network business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Open Opportunities Subscription: Subscription-based web application providing global tender search with branding options. Provides thousands of open tender opportunities from 160 countries through a simple-to-use service with flexible pricing tiers.
- API Data Access: Comprehensive procurement data delivered via API for integration into customers' own databases. Targets consultancies, data vendors, and researchers who need programmatic access to procurement data.
- White Label Solutions: White label web app licensing for export portals and trade promotion organisations to promote trade and contract opportunities to their exporter members.
- Newsletter Subscriptions: Newsletter subscription service providing insights for the $13tn market, collecting contact information to deliver procurement market intelligence.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Flexible subscription tiers with custom branding options |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
Spend Network product offering
Product offeringCore offering
Spend Network aggregates public-sector procurement tender and contract data from 743 sources across 160 countries, standardizes and AI-enhances each record, and exposes the resulting dataset through its 'Open Opportunities' subscription web application, a comprehensive API, and white-label portals for trade promotion organizations. Customers use the platform to discover and bid on government tenders, power advisory analytics, enrich proprietary data products, and run procurement market research across the estimated $13 trillion global public procurement market.
Product overview
Spend Network operates as a global procurement data and analysis platform covering a $13 trillion market. The company's product portfolio consists of Open Opportunities as the primary subscription web application for global tender search with AI-enhanced data, complemented by a comprehensive API for database integration, white-label customization options for partners, and the Export Portal Partnership for trade promotion organizations. The core offering enables users to search tender opportunities across 160 countries from 743 unique sources, with data enhanced through automated harvesting, standardization, and AI-powered cleaning and categorization.
Differentiator
Problem solved
Functional benefit
Brands
- Open Opportunities: Subscription web service for searching business opportunities across 160 countries.
- Open Opportunities Export Partnership
- API
Products and services
- Open Opportunities Subscription web application that lets public sector suppliers, trade promotion organisations, and other buyers search thousands of open tender opportunities from 160 countries using AI-enhanced, standardised data. Branded in the customer's colours and offered with flexible pricing.
- Spend Network API API providing AI-enhanced public procurement contract and tender data from 743 sources worldwide, enabling consultancies, data vendors, and researchers to integrate the dataset directly into their own systems.
- White Label Web Application White-label edition of the Open Opportunities platform that organisations such as export promotion agencies and industry groups can rebrand and license to promote trade and contract opportunities to their exporter members.
- Open Opportunities Export Partnership Export Portal Partnership program that lets trade promotion organisations and industry associations distribute Spend Network tender opportunities to their member exporters via a white-label portal.
- Enrich My Data Procurement data enrichment service that cleans, standardises, and enhances customers' raw procurement data with additional fields and attributes to improve analysis and decision-making.
Quantifiable outcome
- Covers $13 trillion global public procurement market
- +3 more outcomes
Companies that use Spend Network
Customer profileNamed customers6 records
Segments6 records
Ideal customer profiles4 records
Spend Network technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature5 records
Spend Network partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core, flagship and minor.
- Open Contracting PartnershipcoreStrategic research partnership to quantify global public procurement value. Partners conducted research to produce an updated estimate of global public procurement value and the value of public contracts published as open data. The collaboration produced the $13 trillion global procurement valuation report.
- World BankflagshipWorld Bank logo displayed in 'Trusted around the world' section of website, indicating partnership or endorsement relationship for procurement data initiatives.
- European CommissionflagshipEC logo featured in 'Trusted around the world' section, suggesting data usage or endorsement for EU procurement transparency initiatives.
- Exporting Is GreatcoreUK government export promotion programme logo displayed in trusted partners section, indicating collaboration to help UK exporters access global procurement markets.
- Switzerland Global EnterprisecoreSwiss trade promotion organisation logo displayed, suggesting collaboration to help Swiss exporters access public procurement opportunities globally.
- Open ContractingcoreOpen Contracting logo displayed, indicating support for Open Contracting Data Standard (OCDS) integration. Spend Network collects data using OCDS framework and contributes to standardisation efforts.
- SAPminorSAP logo displayed in trusted partners section, suggesting integration or endorsement relationship in enterprise procurement space.
- OracleminorOracle logo featured in trusted partners section, indicating technology partnership or endorsement in enterprise data ecosystem.
- VodafoneminorVodafone logo displayed in trusted section, suggesting endorsement or customer relationship for procurement services.
- SunGardminorEnterprise software company logo featured, indicating partnership in financial and enterprise technology ecosystem.
- Information Commissioner's Office (ICO)minorUK data protection authority logo displayed, indicating compliance with data protection standards and regulatory endorsement.
- NestaminorUK innovation foundation logo featured, suggesting collaboration on innovation and data-driven public sector initiatives.
- RandstadminorHR services company logo displayed, suggesting endorsement or partnership in workforce/public sector HR procurement context.
- DTZminorCommercial property and facilities management company logo featured, indicating connection to public sector property procurement.
Scale indicators8 records
Recent moves5 records
Expansion highlights4 records
Spend Network competitors and assessment
Company assessmentDirect peers
- Open Contracting Partnership: Non-profit that develops and promotes the Open Contracting Data Standard (OCDS) used to publish structured procurement data. Direct peer in publishing standardized open public procurement data; Spend Network has a documented research partnership with OCP.
- GovWin (Deltek): Deltek's GovWin platform provides government contracting intelligence and procurement opportunity tracking to suppliers and contractors, primarily in the US. Closest commercial analog to Spend Network's Open Opportunities product in terms of B2B sales motion and customer base.
- TendersInfo (TendersOnTime / Global Tenders): Aggregates global public and private tender notices with multi-country coverage and subscription-based access. Directly competes with Spend Network's Open Opportunities and API offerings for international tender search subscribers.
- Tenders Electronic Daily (TED): Official EU publication of public procurement notices across all EEA jurisdictions. Provides free access to standardized procurement data; Spend Network integrates/complements TED within its broader multi-country coverage.
- Bidhive: Tender notification and bid management platform for suppliers seeking government and public sector contracts. Overlaps with Spend Network's supplier-facing tender discovery use case, particularly in European markets.
Broad incumbents
- SAP Ariba: Market-leading enterprise procurement and sourcing suite owned by SAP, used by large enterprises and government entities for sourcing, contract management, and supplier discovery. A broad incumbent whose logo also appears on Spend Network's partner wall; offers some overlapping spend visibility but not primarily a public-tender data specialist.
- Oracle Procurement Cloud: Oracle's enterprise procurement, sourcing, and supplier management suite. A broad incumbent in the procurement technology space; Oracle's logo also appears as a Spend Network partner/endorser, suggesting integration or data relationships.
- Jaggaer: Enterprise source-to-pay platform covering sourcing, supplier management, and contract lifecycle for large buyers. Adjacent incumbent whose spend analytics and supplier intelligence overlap with Spend Network's procurement data use cases for buyers.
- Coupa (now Thoma Bravo): Large enterprise spend management platform with community-generated transaction data and benchmarking. Adjacent incumbent whose aggregated transaction insights compete conceptually with Spend Network's spend analytics positioning.
Regional players
- Procurious / CIPS Intelligence: Chartered Institute of Procurement & Supply (CIPS) is the global professional body for procurement; CIPS Intelligence publishes market research and data on procurement trends. Adjacent player providing thought leadership and intelligence content to a similar buyer audience, focused primarily on UK/professional community.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Spend Network social profiles
Digital presenceSpend Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Spend Network leadership team
Management profileNumber of profiles
Profiles4 records
Spend Network funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Spend Network M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Spend Network
What does Spend Network do?
Spend Network aggregates public-sector procurement tender and contract data from 743 sources across 160 countries, standardizes and AI-enhances each record, and exposes the resulting dataset through its 'Open Opportunities' subscription web application, a comprehensive API, and white-label portals for trade promotion organizations. Customers use the platform to discover and bid on government tenders, power advisory analytics, enrich proprietary data products, and run procurement market research across the estimated $13 trillion global public procurement market.
Is Spend Network a public or private company?
Spend Network is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Spend Network founded?
Spend Network was founded in 2007. It employs 1 to 10 people.
Where is Spend Network based?
Spend Network is headquartered in Croydon, United Kingdom, in the Europe region.
How does Spend Network make money?
Four revenue lines are on record. Open Opportunities Subscription is the primary driver. The others are API Data Access, white Label Solutions and newsletter Subscriptions.
Who are Spend Network's main competitors?
Direct peers on record are Open Contracting Partnership, GovWin (Deltek), TendersInfo (TendersOnTime / Global Tenders), Tenders Electronic Daily (TED) and Bidhive. Broad incumbents are SAP Ariba, Oracle Procurement Cloud, Jaggaer and Coupa (now Thoma Bravo). Procurious / CIPS Intelligence is listed as a regional player.
Does Spend Network have an API?
Yes. Spend Network offers a comprehensive API providing data on public procurement contracts from around the world. The API allows subscribers to access procurement data inside their own database. The data is AI-enhanced for search capabilities. Specific technical details such as authentication method, rate limits, versioning, or sandbox availability are not specified in the available sources. Developer documentation is at www.spendnetwork.com/products-api.
What industry is Spend Network in?
Spend Network's product category is Public Procurement Intelligence Software. Its primary akta.pro industry code is BPAIAEAI, E-Procurement & Spend Analytics, with a secondary code of BPAIAEAE, Public Procurement & Contracting. Its NAICS code is 518 and its SIC code is 7370.