Tendios Accelerates Expansion with €2m Investment Led by EASO Ventures
Deal News | May 30, 2025 | Iberian Lawyer
Tendios, a startup focusing on simplifying the procurement process for public and private sectors through an AI-powered platform, has successfully raised €2 million in a funding round. Leading this round is EASO Ventures, supported by Ona Capital, Archipelago Next, and Lukkap Venture. The legal aspects of this transaction were overseen by the law firm Youandlaw, whose team ensured that EASO Ventures’ objectives were met comprehensively. Founded in Barcelona in 2023 by Xavier Creus and Albert Riera, Tendios has emerged as a promising SaaS provider in the procurement space, boasting a clientele that includes major organizations such as Telefónica and the Spanish Ministry of Defense. The startup’s platform offers enhanced transparency and operational efficiency, addressing a procurement market that constitutes about 20% of Spain’s GDP. This investment is aimed at enhancing the platform's capabilities and facilitating its international growth, positioning Tendios as an essential player in the sector.
Sectors
- Technology - SaaS
- Investment - Venture Capital
- Procurement
Geography
- Spain – The article is centered around Tendios, which is based in Barcelona, Spain, and its influence on the Spanish market.
Industry
- Technology - SaaS – Tendios operates in the Software as a Service (SaaS) sector, providing an AI-driven platform for procurement processes.
- Investment - Venture Capital – EASO Ventures, along with other participants, invested in Tendios, highlighting Venture Capital as a crucial industry in this scenario.
- Procurement – Tendios simplifies the end-to-end lifecycle of procurement processes, placing it in the procurement industry.
Financials
- €2 million – The amount raised by Tendios in the funding round led by EASO Ventures.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Tendios | Target Company | Company | A startup leveraging AI to enhance procurement processes. |
| EASO Ventures | Lead Investor | Company | A venture capital firm leading the €2 million funding round. |
| Ona Capital | Investor | Company | One of the venture capital firms participating in the funding round. |
| Archipelago Next | Investor | Company | Another venture capital firm involved in the investment in Tendios. |
| Lukkap Venture | Investor | Company | A venture capital firm participating in the funding round. |
| Youandlaw | Legal Advisor | Company | A law firm providing legal assistance to EASO Ventures in the transaction. |
| Pablo Casado | Lawyer | Person | Part of the Youandlaw team advising EASO Ventures. |
| Marta Fabios | Lawyer | Person | Another lawyer from the Youandlaw team advising EASO Ventures. |
| Sophia Amy Wolohan | Lawyer | Person | A member of the Youandlaw team supporting EASO Ventures. |
| Xavier Creus | Co-Founder | Person | Co-founder of Tendios. |
| Albert Riera | Co-Founder | Person | Co-founder of Tendios. |
| Telefónica | Client | Company | One of the high-profile clients served by Tendios. |
| Spanish Ministry of Defense | Client | Government | A governmental client utilizing Tendios' platform. |