The Procuretechs Network includes Startups with a focus on procurement, which are located in Germany and throughout Europe. Together, we want to shape the future of procurement by leveraging our synergies and supporting each other in the further development.

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CEO: Sheldon Mydat

Location: London
Founding year: 2017
Start-up Phase: Launched
Area of business in procurement: 
  • SRM
  • Performance Management
  • Collaboration

Through increasingly turbulent times, our ability to generate savings from cost-based procurement strategies is continuing to diminish.
Cost driven approaches to supplier ecosystems & supply chain have been shown in the last 18 months to be gravely flawed.
In many cases this has presented as an existential threat to business longevity; if not already a well established hemorrhaging in value retention.


Suppeco leverages the potential in supply chain relationships to solve key challenges facing the customer-supplier ecosystem – reducing risk, driving innovation, promoting automation, and supporting growth.


Collaborative relationships are the new competitive advantage. In enterprise terms, we are able to support an extra 10-15% incremental savings annually across the top 20% of our customers’ strategic supplier base.

Business model:

True B2B SaaS for Enterprise.
A modular platform – core services with additional modular options.
Customer controlled subscription options.
Ease of implementation – no customisation or intrusive implementation required, same day value creation. Log-in and go.
Built as standalone and to open API best practice (to fully interrogate).


We’ve created structure within the relationship space – an area that lacked any measurability is now manageable, structured & supports scalable value & performance excellence. AI autonomously charts risk across the ecosystem. A unique user experience enables targeted & actionable reviews via service improvement plans and reciprocal assessments. We’ve created an unrivalled frictionless environment for collaboration at scale, across unlimited multi-party teams and territories.

Target customers:

Our customers are organisations whom appreciate the importance of going beyond contract performance. They require substantially more than a contracted profit margin. They seek to drive exponential value through the top line – a truly reciprocal relationship, exploring trust, value, innovation, enhanced collaboration, shared R&D, shared values, and thought leadership.


Native cloud, Azure, Optional SSO – Azure active directory and federated access,
AI autonomous Risk Optimisation.
Dynamic Realtime Data insights.
Fully responsive access with no drop in functionality.
Fully On-demand.
Secure and frictionless collaborative chat.

Existing customers:

We have a mix of customers and platform users across the defense, aerospace, manufacturing, construction, workforce management sectors.

Contact: Sheldon Mydat


Mobile phone: +44 (0) 7912651940
Phone: +44 (0) 333 344 6965
Email: Email hidden; Javascript is required.