World’s largest startup pitch competition in procurement announces Grand Finale winners 2020

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DPW today announced the three winning procurement startups of this week’s DEMO Virtual 2020 event.

DEMO Virtual continues to showcase the best procurement technology from around the world, proving our dedication to highlighting today’s most forward-thinking innovators," said DPW Founder Matthias Gutzmann.

62 startups, 9 pitches, 3 winners

The competition’s 9 finalists – shortlisted from over 62 applicants – logged in from all corners of the globe to pitch their ideas in front of hundreds of online viewers and a judging panel of 28 experts including seasoned procurement professionals, venture capitalists, startup enthusiasts, investors, and founders. After an intense session with nine pitches and thorough questioning, the three category winners were selected.

The category winners of the DEMO Virtual 2020 are:

Fairmarkit (USA) - Winner Source-to-Pay category

Fairmarkit is the intelligent sourcing platform that empowers organizations to more efficiently purchase the goods and services they need. By equipping procurement and supply-chain teams with automation and data, Fairmarkit promotes competitive bidding while reducing manual work within existing processes.

IntegrityNext (Germany) - Winner Networks & Platforms category & Audience Vote Winner

IntegrityNext enables organizations to monitor 100% of their suppliers for sustainability and compliance in order to meet the regulatory requirements. The IntegrityNext platform automatically obtains the required supplier self-assessments and certificates while monitoring social media for malpractice and reputational risks.

Vizibl (UK) - Winner Enterprise category

Vizibl is the world’s leading supplier collaboration and innovation platform, helping both buyers and suppliers manage all aspects of their relationship more effectively to deliver mutual value. Vizibl’s software makes every aspect of the relationship life-cycle transparent, so companies can align on their governance, strategy and develop great ideas together.

Each of the 3 winners will receive a free startup package to DPW’s annual flagship conference taking place in Amsterdam on 15-16 September, 2021, and most importantly, high-profile exposure to DPW’s community of senior procurement practitioners and potential investors who are looking for the latest in cutting-edge technology and innovation.

“DEMO Virtual continues to showcase the best procurement technology from around the world, proving our dedication to highlighting today’s most forward-thinking innovators," said DPW Founder Matthias Gutzmann. “It allows procurement organisations to understand which emerging technologies have the greatest impact and ROI on their digital transformation.”

About DEMO Virtual 2020:
DEMO Virtual is one of the activities from DPW, the first organisation of its kind to focus on bringing startups into the procurement industry. It provides a platform for all procurement entrepreneurs from around the world to pitch their solutions to gain global exposure and access deals.

About DPW:
The most important community for technology and innovation in procurement, DPW partners with the world’s most progressive companies to unlock the true power of procurement through excellence in digital procurement. For more information, visit https://www.dpwconf.com/

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Matthias Gutzmann
DPW
49 173 90 600 75
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