CollectiveSpend

b2b fintech

FOUNDING YEAR: 2016
LOCATION: United Arab Emirates
Last Update: 01/05/2020

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About

At CollectiveSpend we aggregate indirect and direct spend from large, medium and small companies for goods and services at pre-negotiated steep volume discount rates from our suppliers, which we then pass on to our clients.We help large businesses do away with the inconvenience of sourcing non-critical products and services by providing a single easy to use eMarketplace platform with pre-negotiated discounts built-in regardless of spend volume. By simply signing up to CollectiveSpend, small and medium businesses can now procure products and services with the same discounts commanded by the large enterprises.We work with leading family conglomerates and group companies to centralize their indirect procurement spend across all their subsidiaries, thereby substantially lowering costs.Our vendors love working with us! We pass on all orders to our exclusive vendors, giving them new business daily and generating more leads.We're honored to be serving some of our most prestigious and largest companies in the region who have seen cost reductions just days after connecting with us.Join as a member now or enquire about getting in as an exclusive supply partner. Contact us today at collectivespend.com and we'll get you up and running saving in no time.

MEDICI Analysis

CollectiveSpend is B2B procurement platform that helps hundreds of businesses big and small access substantial savings on their indirect spend at no extra cost. Currently, the company is in stealth mode as of Dec 2016.

Focus

PRODUCTS & SERVICES

B2B procurement platform for small businesses

REVENUE MODEL

The company operates at Pay as you Go revenue model and by offering critical products and services for businesses.

MAIN CLIENTS

Large

medium & small companies

People

FOUNDERS

Joonas Jantunen

KEY EMPLOYEES:

Joonas Jantunen (CEO & CPO)

Wael Zeenni (CEO)

Troy D'Silva (Procurement Associate )

Winston Moraes (Logistics

Material Manager).

company provided insights

Momentum

FUNDED

NO

LISTED

NO

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