The Australian: Tidal Ventures Tips $2m into Tendl to Target $99bn Procurement Market
The Australian. Business Technology feature. February 2025.
This feature examines Tendl through the lens of capital allocation and public sector efficiency, positioning the company as infrastructure for a tightening procurement environment. It highlights the scale of government tendering, the economic pressure driving reform, and the commercial case for reducing cost and friction across supplier markets rather than simply drafting faster.
“Tenders account for about 13 per cent of gross domestic product across OECD countries, and $99bn in Australian government procurement last year.”
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