About VORTAL
VORTAL is a company based in Lisbon (Portugal) founded in 2000 was acquired by DOCU Nordic in August 2020.. VORTAL has completed 2 acquisitions, including Nexus IT and Nexus IT Solutions. VORTAL offers products and services including eSourcing, eAuctions, and eCatalogues. VORTAL operates in a competitive market with competitors including Bizongo, SmartEquip, Mercell, SuperZop and FoodMaven, among others.
- Headquarter Lisbon, Portugal
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Sectors
Government & Social SectorRetail Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Vortal Connecting Business Uk Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$345.43 K (USD), Grant
May 01, 2021
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Investors
European Union
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Nexus IT
& 1 more
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Acquired by
DOCU Nordic
(Aug 18, 2020)
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Products & Services of VORTAL
VORTAL offers a comprehensive portfolio of products and services, including eSourcing, eAuctions, and eCatalogues. 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 electronic sourcing and contract management processes
Online system for competitive bidding and procurement auctions
Tool for digital product catalogs and supplier listings
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Funding Insights of VORTAL
- Total Funding Total Funding
- Total Rounds 6
- Last Round Grant — $345,429
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Grant - VORTAL | Valuation |
investors |
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| Apr, 2018 | Amount | Grant - VORTAL | Valuation |
investors |
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| Apr, 2017 | Amount | Grant - VORTAL | Valuation |
investors |
| 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 VORTAL
VORTAL has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, DOCU Nordic and Vallis Capital 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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Vallis Capital Partners is engaged in private equity investments.
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Founded Year | Domain | Location | |
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Armilar Venture Partners is focused on early-stage tech investments.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 VORTAL
VORTAL has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Nexus IT and Nexus IT Solutions. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Network management and IT support services are provided by Nexus.
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2011 | ||||
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Digital solutions are provided for public procurement and laboratory management.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - VORTAL
| 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 |
Vortal Comparisons
Competitors of VORTAL
VORTAL 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 Bizongo, SmartEquip, Mercell, SuperZop and FoodMaven, 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 |
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
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| domain | founded_year | HQ Location |
SaaS solutions are provided for industrial parts access by manufacturers.
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| domain | founded_year | HQ Location |
Online tendering solutions for public and private projects are provided.
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| domain | founded_year | HQ Location |
Wholesale grocery procurement is enabled for retailers and small businesses.
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| domain | founded_year | HQ Location |
AI-based procurement software is provided for food supply optimization.
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| domain | founded_year | HQ Location |
Procurement software suites are provided for business operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Vortal
Frequently Asked Questions about VORTAL
When was VORTAL founded?
VORTAL was founded in 2000.
Where is VORTAL located?
VORTAL is headquartered in Lisbon, Portugal.
What does VORTAL do?
VORTAL was founded in 2000 in Lisbon, Portugal, within the procurement sector. Solutions are offered to municipalities, regional governments, and multinational corporations. Market intelligence, lead generation, reputation management, and analysis reporting are included in the platform. Operations focus on enterprise needs across various public and private entities.
Who are the top competitors of VORTAL?
What products or services does VORTAL offer?
VORTAL offers eSourcing, eAuctions, and eCatalogues.
How many acquisitions has VORTAL made?
VORTAL has made 2 acquisitions, including Nexus IT, and Nexus IT Solutions.
Who are VORTAL's investors?
VORTAL has 4 investors. Key investors include European Union, DOCU Nordic, Vallis Capital Partners, and Armilar Venture Partners.