Stimulus
B2B relationship management platform for better purchase decisions
INVESTMENT COHORT / Q1 2022
INVESTMENT STAGE / Seed
Stimulus is building a platform that enables large enterprises to better manage their supplier and vendor relationships. It empowers its customers with data and intelligence to enable them make better purchasing decisions.
Procurement and Sourcing remain relatively manual and labor intensive areas of supply chain management within large companies. Globally, public procurement is about $13 Trillion in value. In the private sector procurement spend as a percentage of revenues can range from 17% in Financial Services to 60% in Semiconductors. This suggests that there is a lot of room for value creation through simple digital tools that significantly increase the effectiveness of corporate procurement and sourcing teams.
“There are many reasons I’m excited to have REFASHIOND Ventures as an investor in Stimulus. 1. Brian & Lisa are awesome people. 2. Their expertise in supply chain. 3. The NY Supply Chain Meetup community is amazing, which I can utilize to obtain customers, partners & more!”
