About Tenderd
Tenderd is a company based in Dubai (United Arab Emirates) founded in 2018 by Arjun Mohan.. Tenderd has raised $35.92 million across 4 funding rounds from investors including Wa'ed Ventures, JAM Fund and Y Combinator. Tenderd offers products and services including Operations Platform, Emissions Tracker, and Routes Management. Tenderd operates in a competitive market with competitors including MYCRANE, Manlift Group, Kanoo Machinery, Safelift and JOHNSON ARABIA, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Arjun Mohan
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Sectors
Real Estate & ConstructionIndustrial Goods & Manufacturing Retail
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$35.92 M (USD)
in 4 rounds
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Latest Funding Round
$30 M (USD), Series A
Jun 11, 2024
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Investors
Wa'ed Ventures
& 17 more
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Employee Count
Employee Count
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Products & Services of Tenderd
Tenderd offers a comprehensive portfolio of products and services, including Operations Platform, Emissions Tracker, and Routes Management. 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 optimizing equipment utilization and safety features.
Tool to measure and reduce carbon emissions in operations.
System for planning and monitoring delivery routes efficiently.
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Funding Insights of Tenderd
Tenderd has successfully raised a total of $35.92M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $30 million completed in June 2024. 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 4
- Last Round Series A — $30.0M
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First Round
First Round
(01 Jun 2018)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series A - Tenderd | Valuation | A P Moller Holding | |
| Jul, 2023 | Amount | Series A - Tenderd | Valuation | Wa'ed Ventures |
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| Jun, 2019 | Amount | Seed - Tenderd | Valuation | Y Combinator , BECO Capital |
| 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 |
investors |
Investors in Tenderd
Tenderd has secured backing from 18 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Wa'ed Ventures, JAM Fund and Y Combinator. 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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Founded Year | Domain | Location | |
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Venture capital fund investing in multiple sectors
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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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 Tenderd
| 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 - Tenderd
| 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 |
investors |
Tenderd Comparisons
Competitors of Tenderd
Tenderd 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 MYCRANE, Manlift Group, Kanoo Machinery, Safelift and JOHNSON ARABIA, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Industrial crane rentals are facilitated via an online marketplace platform.
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| domain | founded_year | HQ Location |
Specializes in renting, selling, and training for aerial work platforms across industries.
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| domain | founded_year | HQ Location |
Operates a digital hub for renting industrial equipment.
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| domain | founded_year | HQ Location |
Provides rental, sales, and training for boom lifts and scissor lifts in UAE.
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| domain | founded_year | HQ Location |
Manages a digital hub for industrial equipment rentals.
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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 Tenderd
Frequently Asked Questions about Tenderd
When was Tenderd founded?
Tenderd was founded in 2018.
Where is Tenderd located?
Tenderd is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of Tenderd?
Arjun Mohan is the current CEO of Tenderd. They have also founded this company.
Is Tenderd a funded company?
Tenderd is a funded company, having raised a total of $35.92M across 4 funding rounds to date. The company's 1st funding round was a Seed of $5.8M, raised on Jun 01, 2018.
What does Tenderd do?
Tenderd was founded in 2018 in Dubai, United Arab Emirates, as an online platform focused on the rental of industrial and construction equipment. Products such as excavators, dozers, rollers, loaders, cranes, lifts, tankers, trucks, and related items are offered. A tracking system is provided to enable users to monitor and manage equipment usage. Operations center on streamlining rentals within the construction and industrial sectors.
Who are the top competitors of Tenderd?
Tenderd's top competitors include MYCRANE, Manlift Group and Kanoo Machinery.
What products or services does Tenderd offer?
Tenderd offers Operations Platform, Emissions Tracker, and Routes Management.
Who are Tenderd's investors?
Tenderd has 18 investors. Key investors include Wa'ed Ventures, JAM Fund, Y Combinator, Paul Graham, and Peter Thiel.
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