About DemandStar
DemandStar is a company based in Seattle (United States) founded in 1997 was acquired by GTY in December 2022.. DemandStar has raised $2 million across 1 funding round from investors including GTY, Version One Ventures and Advance Venture Partners. DemandStar offers products and services including eProcurement Platform, Bid Notification Service, and eBidding Tools. DemandStar operates in a competitive market with competitors including BirchStreet Systems, Concertiv, Levelpath, Omnea and VendorPanel, among others.
- Headquarter Seattle, United States
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Sectors
Government & Social SectorTechnology
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Email
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Phone
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Website
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Social
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Products & Services of DemandStar
DemandStar offers a comprehensive portfolio of products and services, including eProcurement Platform, Bid Notification Service, and eBidding Tools. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for posting and managing government bids efficiently
Service for alerting businesses to relevant government opportunities
Tools to streamline bid submission and review processes
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Product Management Team
2 people
Customer Team
1 people
Sales and Marketing
1 people
Senior Team
1 people
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Funding Insights of DemandStar
DemandStar has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $2 million completed in May 2020. 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 Total Funding
- Total Rounds 1
- Last Round Unspecified — $2.0M
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First Round
First Round
(12 May 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2020 | Amount | Unspecified - DemandStar | Valuation | Version One Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in DemandStar
DemandStar has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include GTY, Version One Ventures and Advance Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments are provided to mission-driven technology founders.
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PE firm focused on software, media & commerce based sectors
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Founded Year | Domain | Location | |
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Seed and early-stage investments are targeted by the VC firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by DemandStar
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - DemandStar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Demandstar Comparisons
Competitors of DemandStar
DemandStar 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 BirchStreet Systems, Concertiv, Levelpath, Omnea and VendorPanel, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based procure-to-pay solutions are delivered for business management.
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| domain | founded_year | HQ Location |
Web-enabled end-to-end procurement management solutions are provided.
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| domain | founded_year | HQ Location |
Software solutions for procurement and supply chain management are provided.
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| domain | founded_year | HQ Location |
Web-enabled solutions for procurement orchestration in supply chains are offered.
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| domain | founded_year | HQ Location |
SaaS-based source-to-contract platform is provided for governments, utilities, and corporates.
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| domain | founded_year | HQ Location |
Builds future-proof digital, and sustainable supply chain for industrial organizations
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Demandstar
Frequently Asked Questions about DemandStar
When was DemandStar founded?
DemandStar was founded in 1997 and raised its 1st funding round 23 years after it was founded.
Where is DemandStar located?
DemandStar is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of DemandStar?
Ben Vaught is the current CEO of DemandStar.
Is DemandStar a funded company?
DemandStar is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Unspecified of $2M, raised on May 12, 2020.
What does DemandStar do?
DemandStar is an online procurement management tool. The features of the product include tracking bid activity, notifying suppliers about bid and RFPs, ebidding, vendor management, procurement acceleration, etc. The clientele includes the City of Lawrence, Boise, City of Port St.Lucie, City of Cincinnati, Naperville, Broward County, etc.
Who are the top competitors of DemandStar?
What products or services does DemandStar offer?
DemandStar offers eProcurement Platform, Bid Notification Service, and eBidding Tools.
Who are DemandStar's investors?
DemandStar has 4 investors. Key investors include GTY, Version One Ventures, Advance Venture Partners, and Forefront Venture Partners.