DemandStar - About the company
DemandStar is an acquired company based in Seattle (United States), founded in 1997. It operates as an Online procurement management tool. DemandStar has raised $2.8M in funding from Version One Ventures. The company has 588 active competitors, including 86 funded and 48 that have exited. Its top competitors include companies like Taulia, Zip and PayEm.
Company Details
DemandStar is an online procurement management tool. The features of the product include tracking bid activity, notifying suppliers about bid and RFP's, ebidding, vendor management, procurement acceleration, etc. The clientele includes the City of Lawrence, Boise, City of Port St.Lucie, City of Cincinnati, Naperville, Broward County, etc.
- Website
- network.demandstar.com/
- Email ID
- *****@demandstar.com, *****@demandstar.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
1997
Location
Seattle, United States
Stage
Acquired
Total Funding
$2.8M in 1 round
Latest Funding Round
Investors
Ranked
66th among 588 active competitors
Employee Count
3 as on May 31, 2026
Exit Details
Acquired by GTY (Dec 06, 2022)
DemandStar's acquisition details
DemandStar got acquired by GTY on Dec 06, 2022.
Click here to take a look at DemandStar's acquisition in detail
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DemandStar's funding and investors
DemandStar has raised a total funding of $2.8M over 1 round. Its latest funding round was a Unattributed round on May 12, 2020 for $*****. 3 investors participated in its latest round. DemandStar has 3 institutional investors.
Here is the list of recent funding rounds of DemandStar:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 12, 2020 | 1859422 | Unattributed | 6616336 | 7356105 | 3312748 | 8032437 |
View details of DemandStar's funding rounds and investors
DemandStar's founders and board of directors
Founder? Claim ProfileDemandStar's employee count trend
DemandStar has 3 employees as of May 26. Here is DemandStar's employee count trend over the years:
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DemandStar's Competitors and alternates
Top competitors of DemandStar include Taulia, Zip and PayEm. Here is the list of Top 10 competitors of DemandStar, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Taulia 2009, San Francisco (United States), Acquired | AI-based electronic invoicing and supply chain management solution for businesses | $220M | 73/100 | |
2nd | Zip 2020, San Francisco (United States), Series D | Provider of a platform for procurement orchestration, intake, and spend management | $358M | 65/100 | |
3rd | PayEm 2019, San Francisco (United States), Series A | SaaS-based expense management solutions for corporate organisations | $47M | 64/100 | |
4th | Omnea 2021, London (United Kingdom), Series B | Provider of web-enabled procurement orchestration solutions for the supply chain | $138M | 63/100 | |
5th | AI and cloud-enabled end-to-end procurement management solutions | $17M | 61/100 | ||
6th | Provider of working capital solutions and supply chain finance programs | $49.2M | 59/100 | ||
7th | Mynd Fintech 2002, Gurugram (India), Series A | Online marketplace for supply chain financing | $16.3M | 59/100 | |
8th | Stampli 2014, Mountain View (United States), Series D | Provider of software for procure to pay and finance automation | $148M | 58/100 | |
9th | Procol 2018, New York (United States), Series A | Provider of AI procurement software for enterprise procurement management solutions | $11.2M | 58/100 | |
10th | Arkestro 2017, San Francisco (United States), Series A | AI-powered procurement platform to optimize buying decisions for enterprises | $78M | 58/100 | |
66th | DemandStar 1997, Seattle (United States), Acquired | Online procurement management tool | $2.8M | 37/100 |
Looking for more details on DemandStar's competitors? Click here to see the top ones
DemandStar's Investments and acquisitions
DemandStar has made no investments or acquisitions yet.
Reports related to DemandStar
Here is the latest report on DemandStar's sector:
News related to DemandStar
•
GTY Technology Acquires Public Sector Online Marketplace DemandStarExecutiveBiz•Dec 09, 2022•GTY, DemandStar
•
Seattle public sector bidding startup DemandStar acquired by GTY TechnologiesGeekWire•Dec 06, 2022•GTY, DemandStar
•
Leading Public Sector Online Marketplace Adds 1,000th Local Government, Surpassing $4.6B in Annual Contract ValueGlobeNewswire•Mar 22, 2022•DemandStar
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•
Seattle Company, Minn. County Named Co-Defendants in Suit Alleging Refusal to Release Records Needed by Gov't ContractorsPR Newswire•Sep 18, 2020•BidPrime, DemandStar
•
•
DemandStar Unveils New Platform, Offers Improved Features to Better Connect Businesses & Government EntitiesAiThority•Jun 02, 2020•DemandStar
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DemandStar’s Rapid Growth Continues With 152 New Government Agencies Added To The Procurement NetworkGlobeNewswire•Feb 25, 2020•DemandStar
•
DemandStar Adds 10 Local Governments and Thousands of Vendors in JulyGlobeNewswire•Aug 06, 2019•DemandStar
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