Details

Last Funding Type

Seed

Last Funding Money Raised

$150K

Industries

Machine Learning,Marketing,Procurement,SaaS,Supply Chain Management

Founded date

Feb 1, 2017

Number Of Employee

11 - 50

Operating Status

Active

A lean procurement outsourcing service enabled by technology and machine learning, which disrupts the most important links in the procurement chain, so its affordable for every company to: Reduce Man hours (91%), Reduce Contract Costs (+20%), Reduce Supplier Risk (48%). Why we can do it? An algorithm (HUALI) categorizes and intelligently rates thousands of Ormigga and existing client's suppliers in order to: Reduce time spent by client during quote request process; Increase probability of finding the best fit (best price, quality, timeline, reliability, payment terms) by consulting with more than 1,200 suppliers; Receive quotes faster than ever; With less operational costs (because of technology) Ormigga is feasible for SMB’s.