Tendertech
- Company typePrivate
- Founded2015
- HeadquartersMoscow, Russia
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
Tendertech firmographics
Firmographics- Name
- Tendertech
- Legal name
- ООО «Финансовые технологии»
- Website
- https://tendertech.ru
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Where Tendertech is headquartered
LocationHeadquarters
- HQ city
- Moscow
- HQ country
- Russia
- HQ region
- Europe
Offices1 record
Markets served
Tendertech business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Commission on bank guarantee issuance (agent commission model): Tendertech earns revenue through commission fees on each bank guarantee issued via the platform. Authorized partners set their own commission rates (within min/max ranges defined per transaction), with Tendertech taking a share. Partners receive up to 80% of income as advance payment within 24 hours of guarantee issuance for a 0.5% commission fee. The platform is free for end users to access.
- Insurance product distribution: Tendertech distributes insurance products (construction risks, cargo, liability, warranty obligations) through its platform in partnership with insurance companies including Alfa Insurance. Revenue is generated per policy issued.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Bank guarantee rates from 1.96% per annum for government procurement |
| Transaction based/ take rate | Pay-as-you-go | Partner commission structure with tiered partner levels |
| Transaction based/ take rate | Pay-as-you-go | Partner advance payment: 0.5% commission on advance withdrawals |
| Transaction based/ take rate | Pay-as-you-go | Market rates 2026: 2.8-2.9% annual rates for contract execution guarantees over 1M RUB |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels8 records
Tendertech product offering
Product offeringCore offering
Tendertech operates a proprietary multi-bank aggregation platform that issues bank guarantees for Russian government procurement participants (under 44-FZ, 223-FZ, 185-FZ/615-PP) and commercial contracting. A single application is submitted simultaneously to 14+ partner banks, with automated scoring, electronic document signing, OCR-based passport recognition, and integration to the state procurement system (ЕИС / zakupki.gov.ru). The platform also distributes insurance products (construction, cargo, liability, warranty) and exposes a full API for partner integrations; it is free for end users, with revenue generated via commissions on guarantee and insurance issuance.
Product overview
Tendertech is a multi-product platform for issuing bank guarantees and insurance for government procurement under 44-FZ, 223-FZ, 185-FZ and commercial contracts. The core product is a bank guarantee platform connecting 14 partner banks with clients and 2,000+ authorized agents across Russia. The platform operates with a 84% positive decision rate and average processing time of 87 minutes. Supporting products include: Tendertech.Insurance for complementary insurance services, a Bank Guarantee Calculator for cost estimation, an API for partner integrations, a Knowledge Base with operational documentation, and a Partner Dashboard for application management and settlements. The platform integrates with Russian government procurement systems (ЕИС) for automated data loading and uses electronic digital signatures for document workflows.
Differentiator
Problem solved
Functional benefit
Brands
- Тендертех.Страхование: Страхование строительно-монтажных рисков, послепусковые гарантийные обязательства, все виды страхования ответственности, страхование грузов.
Products and services
- Bank Guarantees (Tendertech Bank Guarantee Platform) Multi-bank aggregation platform that issues bank guarantees for participants of Russian government procurement (under 44-FZ, 223-FZ, 185-FZ/615-PP) and commercial contracts. Covers tender participation guarantees, advance repayment guarantees, contract execution guarantees, warranty obligation guarantees, and commercial bank guarantees; one application is submitted simultaneously to 14+ partner banks with automated scoring and electronic digital signature. Express issuance available with passport only for guarantees up to 3M RUB; rates from 1.96% p.a. for government and from 2.3% for commercial guarantees.
- Tendertech.Insurance Insurance distribution line covering construction and installation risk insurance, post-warranty / guarantee obligation insurance, all types of liability insurance, and cargo insurance. Distributed through the Tendertech partner network in cooperation with insurers such as AlfaStrakhovanie (ruAAA rating), targeting the same SMB clients that purchase bank guarantees.
- Tendertech API Application programming interface enabling partner banks and platforms to integrate with Tendertech for automated bank guarantee application submission, status tracking, and real-time bank processing. Supports electronic digital signature workflows and integration with state procurement systems, allowing bank core systems to issue guarantees through Tendertech's infrastructure without manual re-entry.
- Bank Guarantee Calculator Standalone online calculator for estimating bank guarantee costs. Supports different guarantee types (execution, participation, warranty obligations, advance repayment), different procurement laws (44-FZ, 185-FZ, 223-FZ, Commercial), and adjusts for closed procurements and advance payment status, enabling prospective clients and partners to model pricing before applying.
Quantifiable outcome
- 87% of applications receive positive decisions from partner banks
- +6 more outcomes
Companies that use Tendertech
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Tendertech technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability5 records
Feature10 records
Tendertech partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core, flagship and minor.
- Alfa Insurance (AlfaStrakhovanie)coreAlfa Insurance joined Tendertech as a new insurance partner in April 2026. The partnership provides access to Alfa Insurance's high ruAAA rating, fast application review, and a wide range of insurance products including construction risks, cargo insurance, and liability coverage. Joint webinars are conducted to help agents increase income through insurance cross-selling.
- SberbankflagshipSberbank is a flagship partner bank on the Tendertech platform, offering bank guarantees up to 100M RUB under 44-FZ, 223-FZ, 185-FZ and commercial contracts. Tendertech was recognized as a TOP Partner of Sberbank in 2026. Sberbank-AST representatives participate in Tendertech conferences as speakers.
- GazprombankcoreGazprombank offers bank guarantees on Tendertech with limits up to 150M RUB (200M RUB for customers of the GPB group) under 44-FZ, 223-FZ, 185-FZ and commercial contracts. Gazprombank representatives actively participate in Tendertech events and conferences.
- MSP Bank (Bank for Small and Medium Enterprises)coreMSP Bank offers the highest single-guarantee limit on the platform — up to 1B RUB — covering all regions of Russia including newly annexed territories, under 44-FZ, 223-FZ, 185-FZ and commercial contracts. The bank accepts companies from day one of operation.
- PSBankcorePSBank offers bank guarantees on the platform with limits up to 100M RUB per transaction and up to 350M RUB per client. Covers all regions of Russia except DNR, LNR, Kherson, and Zaporozhye, including Crimea and Sevastopol.
- Bank UralsibcoreBank Uralsib is a partner on the platform offering guarantees up to 50M RUB per transaction and 100M RUB per client under 44-FZ, 185-FZ, 223-FZ and commercial contracts. Business breakfast events are co-hosted with Uralsib for partners.
- Moscow Credit Bank (MKB)MKB joined Tendertech in April 2026 in the express segment, offering bank guarantees from 1M to 100M RUB under 44-FZ, 223-FZ and commercial contracts. Coverage includes all Russian regions including SKFO under 44-FZ and 223-FZ.
- SDM BankcoreSDM Bank offers guarantees up to 500M RUB on the platform, including corporate guarantees. Covers Moscow, Saint Petersburg, Tver, Voronezh, Nizhny Novgorod, Rostov-on-Don, Yekaterinburg, Perm, and Krasnoyarsk regions.
- Realist BankcoreRealist Bank offers guarantees up to 50M RUB with no experience requirement, passport-only issuance for guarantees up to 10M RUB, and the ability to issue guarantees in any currency, language, and in favor of non-residents.
- RosTenderminorRosTender is a leading tender search service covering all tenders in Russia. Offers extended trial access and assistance with setting up search templates for Tendertech clients. Part of the partner discount program.
- Buhgalter.RF (Bukhgalter.RF)minorFirst accounting company with a human face. Offers Tendertech clients a 8,500 RUB discount on the first month of accounting services for LLC or IP upon using the tendertech promo code.
- Skolkovo FundcoreTendertech is an official resident of the Skolkovo Fund, providing the company with innovation ecosystem benefits, regulatory credibility, and access to government IT compliance standards.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Tendertech competitors and assessment
Company assessmentMarket position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Tendertech social profiles
Digital presenceTendertech compliance and trust
Trust signalCompliance3 records
Tendertech financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tendertech leadership team
Management profileNumber of profiles
Profiles5 records
Tendertech funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tendertech 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 Tendertech
What does Tendertech do?
Tendertech operates a proprietary multi-bank aggregation platform that issues bank guarantees for Russian government procurement participants (under 44-FZ, 223-FZ, 185-FZ/615-PP) and commercial contracting. A single application is submitted simultaneously to 14+ partner banks, with automated scoring, electronic document signing, OCR-based passport recognition, and integration to the state procurement system (ЕИС / zakupki.gov.ru). The platform also distributes insurance products (construction, cargo, liability, warranty) and exposes a full API for partner integrations; it is free for end users, with revenue generated via commissions on guarantee and insurance issuance.
Is Tendertech a public or private company?
Tendertech is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Tendertech founded?
Tendertech was founded in 2015. It employs 101 to 250 people.
Where is Tendertech based?
Tendertech is headquartered in Moscow, Russia, in the Europe region.
How does Tendertech make money?
Two revenue lines are on record. Commission on bank guarantee issuance (agent commission model) is the primary driver. The others are insurance product distribution.
Does Tendertech have an API?
Yes. API for integration with partner banks and platforms. Documentation available at api-portal.tendertech.ru/docs. Supports electronic digital signature (EDS) for document signing workflows. Platform integrates with Russian government procurement systems for automated data loading. Developer documentation is at api-portal.tendertech.ru/docs.