Tenderd is software for heavy industries to manage their equipment and fleet. Using the technology companies can increase their operational efficiency, safety, and reduce environmental footprint.[1] The company is based in Dubai, United Arab Emirates.

Tenderd
FoundedMay 2018 (2018-05)
HeadquartersUnited Arab Emirates
Area served
United Arab Emirates, Saudi Arabia
Key people
Arjun Mohan (Founder)
ProductsConstruction and Industrial Equipment Rentals
Websitehttps://tenderd.com/

History edit

Tenderd was founded in May 2018 by Arjun Mohan after he moved back from the United States.[2]

In the summer of 2018, Tenderd was incubated at Y Combinator.[3]

In June 2019, the company raised $5.8 million seed investment from international investors which include PayPal co-founder, Peter Thiel, and Y Combinator co-founder, Paul Graham.[4]

In 2020, Tenderd launched its operation in Saudi Arabia.[5]

References edit

  1. ^ "Saudi Aramco VC Fund Joins Thiel to Back AI-Powered Emissions Monitor". bloomberg. 18 July 2023. Retrieved 18 July 2023.
  2. ^ "Generation Start-Up: Tenderd wants contractors to stop digging around for equipment". The National. 1 September 2019. Retrieved 19 June 2020.
  3. ^ "Here are the 63 startups that launched today at Y Combinator's S18 Demo Day 1". TechCrunch. 21 August 2018. Retrieved 19 June 2020.
  4. ^ Hernbroth, Megan. "Here's how this founder convinced Silicon Valley heavyweights Paul Graham and Peter Thiel to invest $5.8 million in his startup — without using a pitch deck". Business Insider. Retrieved 19 June 2020.
  5. ^ Bagchi, Anirban (13 April 2020). "Equipment insight: Click and order – Tenderd Interview". Middle East Construction News. Retrieved 19 June 2020.