Tenderd raises $30 million

Posted on Tuesday 11 June 2024

The start-up focuses on digital transformation for heavy equipment management and operations.

THE ROUND was led by A.P. Moller Holding, while existing investors Wa’ed Ventures, Nakhla Ventures, SOMA Capital, and Liquid 2 Ventures re-invested. Tenderd’s existing backers include Peter Thiel, Paul Graham, and Y Combinator. 

Tenderd's platform seeks to take data generated from heavy equipment used in construction, manufacturing, and logistics operations and transform it into actionable insights. Tenderd’s telematics platform has access to a tracking system powered by AI. The aim is to increase efficiency, enhance safety, and lower emissions. 

For more information, visit www.tenderd.com

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