Govradar intends to use the capital from the pre-seed round to expand its sales activities throughout Germany, develop a supplier integration into the platform, and enter the defense sector. Procurement platform of the 2020 founded Munich startups has been live since October 2021 and has over 100 users. In an earlier Interview with Munich Startup has Sascha Soyk, founder and CEO of Govradar, explains the idea behind the company:
"Unfortunately, public procurement remains very expensive, extremely time-consuming, and often not particularly innovative as a result. This is because very few startups and small companies even participate in the sector. As a market research platform, we bring both sides together, with anonymity, compliance by design, and automation."
Govradar: “We will adapt our product for the defense sector”
“In light of recent geopolitical developments and the terrible war in Ukraine, we, as an innovative startup, consider it our duty to contribute to strengthening Western nations and their allies,”
says Sascha Soyk.
"Therefore, we will adapt our product for the defense sector to enable the Bundeswehr and its German partners to procure urgently needed solutions 10 times faster and more cost-effectively. With our vertically integrated automation platform, this will save taxpayers billions of euros."
The startup now wants to quickly expand its team and is particularly looking for software developers and business development specialists.
