Tenderd - About the company
Tenderd is a series A company based in Dubai (United Arab Emirates), founded in 2018 by Arjun Mohan. It operates as an Online rental platform for industrial and construction equipment. Tenderd has raised $35.9M in funding from investors like Y Combinator, BECO Capital and Wa'ed Ventures. The company has 8 active competitors, including 2 that are funded. Its top competitors include companies like Manlift Group, MYCRANE and JOHNSON ARABIA.
Company Details
Online rental platform for industrial and construction equipment. It offers products such as excavators, dozers, rollers, loaders, cranes, lifts, tankers, trucks, and others. It also offers a tracking system that allows users to track and monitor equipment.
- Website
- tenderd.com
- Email ID
- *****@tenderd.com
- Phone Number
- +971 **********
Key Metrics
Founded Year
2018
Location
Dubai, United Arab Emirates
Stage
Series A
Total Funding
$35.9M in 4 rounds
Latest Funding Round
Investors
Ranked
1st among 8 active competitors
Employee Count
11 - 50 as on Jul 01, 2024
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Tenderd's funding and investors
Tenderd has raised a total funding of $35.9M over 4 rounds. Its first funding round was on 2018. Its latest funding round was a Series A round on Jun 11, 2024 for $*****. 7 investors participated in its latest round. Tenderd has 19 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Tenderd:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 11, 2024 | 1032420 | Series A | 6433408 | 4857504 | 2044784 | 1936319 |
Jul 18, 2023 | 8461657 | Series A | 1821977 | 9529614 | 5445865 | 8081411 |
Jun 11, 2019 | 5045610 | Seed | 5111830 | 5318126 |
View details of Tenderd's funding rounds and investors
Tenderd's founders and board of directors
Founder? Claim ProfileThe founders of Tenderd is Arjun Mohan. Arjun Mohan is the CEO of Tenderd.
Here are the details of Tenderd's key team members:
- Arjun Mohan: Founder & CEO of Tenderd and founder of 2 other companies, Archie and Eureka King. They are also an angel investor in 2 startups.Contact Info: 1 email address
View details of Tenderd's Founder profiles and Board Members
Tenderd's employee count trend
Tenderd has 11 - 50 employees as of Jul 24. Here is Tenderd's employee count trend over the years:
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Tenderd's Competitors and alternates
Top competitors of Tenderd include Manlift Group, MYCRANE and JOHNSON ARABIA. Here is the list of Top 10 competitors of Tenderd, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Tenderd 2018, Dubai (United Arab Emirates), Series A | Online rental platform for industrial and construction equipment | $35.9M | 47/100 | |
2nd | Manlift Group 2006, Dubai (United Arab Emirates), Unfunded | Online rental platform for lift rentals | - | - | 42/100 |
3rd | MYCRANE 2020, Dubai (United Arab Emirates), Series A | Online marketplace for industrial crane rental | - | - | 27/100 |
4th | JOHNSON ARABIA 1999, Dubai (United Arab Emirates), Unfunded | Online platform for industrial equipment rentals | - | - | 23/100 |
5th | Kanoo Machinery 1999, Dubai (United Arab Emirates), Unfunded | Online platform for industrial equipment rentals | - | - | 19/100 |
6th | Safelift 2009, Abu Dhabi (United Arab Emirates), Unfunded | Online platform for industrial equipment rentals | - | - | 16/100 |
7th | Green Dessert 2012, Dubai (United Arab Emirates), Unfunded | Provider of an online platform for renting heavy equipment for construction | - | - | 16/100 |
8th | Al Mutawa Cranes 2016, Dubai (United Arab Emirates), Unfunded | Online platform for industrial equipment rentals | - | - | 16/100 |
9th | Equipment booking and management platform for the construction industry | - | - | 15/100 |
Looking for more details on Tenderd's competitors? Click here to see the top ones
Tenderd's Investments and acquisitions
Tenderd has made no investments or acquisitions yet.
Reports related to Tenderd
Here is the latest report on Tenderd's sector:
News related to Tenderd
•
Firm raises $30m to boost AI telematics for heavy equipmentBuild in Digital•Jun 14, 2024•Liquid 2 Ventures, Soma Capital, F6S Network, Wa'ed Ventures and 3 others
•
Tenderd secures $30M in Series A funding led by A.P. Moller Holding to supercharge heavy equipment operations using AIPRWeb•Jun 11, 2024•Tenderd, A P Moller Holding, Quadri Ventures, Wa'ed Ventures and 3 others
•
Tenderd Receives Investment From Wa’ed VenturesFinSMEs•Jul 19, 2023•Tenderd, Wa'ed Ventures, Aramco, Dynamo and 3 others
•
Fast Company Selects UAE Based Startup, Tenderd, as One of the World’s Most Innovative Companies in 2020PRWeb•Mar 11, 2020•Tenderd
•
Egyptian B2B e-commerce marketplace MaxAB raises $6.2 seed roundDisrupt Africa•Sep 25, 2019•Maxab, BECO Capital, 4DX Ventures, Endure Capital and 13 others
•
Dubai-based heavy equipment rental marketplace Tenderd raises $5.8 million seed from Y Combinator, BECO, Paul Graham, Peter Thiel & othersMENAbytes•Jun 11, 2019•Tenderd, Y Combinator, VentureSouq, BECO Capital and 5 others
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