About B2eMarkets
B2eMarkets is a company based in Rockville (United States) founded in 1999 was acquired by VerticalNet in July 2004. B2eMarkets has raised $51.5 million across 2 funding rounds from investors including Accenture, VerticalNet and Syncom Venture Partners. B2eMarkets operates in a competitive market with competitors including Globality, Scoutbee, Fairmarkit, Scout RFP and supplier.io, among others.
- Headquarter Rockville, United States
- SectorsTechnology
- Website b2emarkets.com
- Social LinkedIn
- Acquired by VerticalNet (Jul 2004)
- Total Equity Funding$51.5M (USD)
in 2 rounds
- Latest Funding Round$38M (USD), Series B
Apr 2001
- InvestorsAccenture
& 4 more
- Acquired byVerticalNet
(Jul 2004)
Funding Insights of B2eMarkets
B2eMarkets has successfully raised a total of $51.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $38 million completed in April 2001. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $51.5M
- Total Rounds 2
- Last Round Series B — $38M
- First Round $13.5M
(Mar 2000)
- Investors Count 4
All 2 funding rounds of B2eMarkets with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2001 | $38M | Series B | – | – | |
| Mar 2000 | $13.5M | Series A | – | – |
5 investors in total: 5 institutional.
Investors in B2eMarkets
B2eMarkets has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Accenture, VerticalNet and Syncom Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | syncom.com | - | |
- | – | carthage.net | - | |
Micro venture capital investments are made in US tech sectors. | – | ascendventures.com | New York, United States | |
IT and management consultancy services are provided globally. | 1989 | accenture.com | Dublin, Ireland | |
Strategic sourcing and supply chain management solutions | 1996 | verticalnet.com | Malvern, United States |
Investor details for B2eMarkets
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of B2eMarkets
4 dated milestones of B2eMarkets across 5 years, from founding to its latest funding, stage changes and deals.
- Founded B2eMarkets is founded.
- Funding First funding round of $13.5M.
- Funding Latest funding round, Series B, of $38.0M.
- Exit Acquired by VerticalNet.
Competitors of B2eMarkets
B2eMarkets operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Globality, Scoutbee, Fairmarkit, Scout RFP and supplier.io, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| globality.com | 2015 | Palo Alto, United States | $367.55M | 171 | An AI-based platform for global sourcing and outsourcing is offered. | |
| scoutbee.com | 2015 | Wurzburg, Germany | $76M | 94 | Multi-category products are listed on an AI-driven B2B platform. | |
| fairmarkit.com | 2017 | Boston, United States | $77.49M | 102 | Cloud-based tail spend management is delivered for business procurement. | |
| scoutrfp.com | 2013 | San Francisco, United States | $60.93M | 72 | Cloud-based platform for automating RFPs and supplier bidding is offered. | |
| supplier.io | 2011 | Westchester, United States | – | 71 | Web-based supply chain sourcing solutions are provided to businesses. | |
| tradebeyond.com | 1995 | San Diego, United States | $10M | – | SaaS-enabled solutions for e-commerce operations management are provided. | |
| geniemode.com | 2021 | Gurugram, India | $87.73M | 368 | Sourcing and supply chain platform for retailers and suppliers | |
| gobonfire.com | 2011 | Waterloo, Canada | $8.12M | – | Supplier sourcing is facilitated via RFx tool for procurement evaluations. | |
| showsourcing.com | 2014 | Brussels, Belgium | $466,040 | 4 | Mobile apps for supplier management and product sourcing are utilized. |
Detailed competitors of B2eMarkets
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to B2eMarkets
10 companies that operate in the same segment as B2eMarkets (Procurement & Supply Chain IT), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based end-to-end spend management software is delivered for businesses. | 2006 | San Mateo, California, United States | USD 169 M | USD 39.68 M | 648 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | – | USD 3.59 B | 12,100 | |
Zebra Technologies is recognized for providing intelligent operation solutions globally. | 1969 | Lincolnshire, Illinois, United States | – | USD 5.43 B | 9,900 | |
AI and cloud-based supply chain management solutions are provided. | 1985 | Scottsdale, Arizona, United States | USD 800 M | – | – | |
AI and SaaS-based robots for warehouse automation are provided. | 2012 | Roswell, United States | USD 545.23 M | USD 39.76 M | 553 | |
Provider of supply chain financing solutions for small and medium enterprises | 2017 | Mumbai, Maharashtra, India | USD 269.95 M | USD 48.5 M | 1,506 | |
AI-based electronic invoicing and supply chain management solution for businesses | 2009 | San Francisco, California, United States | USD 220.46 M | – | 185 | |
Contract lifecycle management software is developed using AI-powered intelligence. | 2016 | San Carlos, California, United States | USD 154.69 M | – | – | |
AI-powered software for legal contract management is utilized. | 2012 | Lehi, Utah, United States | USD 170.95 M | – | – | |
Procure-to-pay management software is offered for business operations. | 2017 | San Francisco, California, United States | USD 90.5 M | – | – |
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Frequently Asked Questions about B2eMarkets
B2eMarkets was founded in 1999 and raised its 1st funding round 1 year after it was founded.
B2eMarkets is headquartered in Rockville, United States. It is registered at Rockville, Maryland, United States.
B2eMarkets is a funded company, having raised a total of $51.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $13.5M, raised on Mar 2000.
B2eMarkets, Inc. was founded in 1999 in Rockville, United States, and focuses on software for the procurement sector. An eSourcing suite is provided, encompassing strategy formulation, negotiation management, contract compliance, and performance tracking. Buyers are supported in researching supply markets, issuing multi-variable RFQs, and conducting private offers or reverse auctions. Sourcing methodology, content, and coaching are integrated to facilitate information capture and retention across operations.
B2eMarkets's top competitors include Globality, Fairmarkit and Scoutbee.
B2eMarkets has 5 investors. Key investors include Accenture, VerticalNet, Syncom Venture Partners, Carthage Capital Group, and Ascend Venture Group.
Yes. B2eMarkets was acquired by VerticalNet in July 2004.