Tendium

Tendium is a Stockholm-based startup that specializes in AI-driven solutions for public sector procurement. The company aims to streamline government contracting processes and make public tenders more accessible by reducing administrative burdens through automation. Tendium offers an AI-powered bidding platform that automates document processing and bid preparation, targeting over 18,000 public tenders in Sweden each year. Their dual-function portal includes a supplier compliance tool to help companies verify alignment with tender requirements and a notification system that alerts users about missing documentation for specific tenders. Built on AWS, their cloud infrastructure emphasizes scalability and user experience. The company focuses on suppliers seeking public contracts, particularly those facing high costs and manual processes. By addressing inefficiencies in procurement, Tendium aims to lower barriers to entry in the public sector market, which represents a significant portion of Swedens economy.