Youandlaw advises EASO Ventures in €2m investment in Tendios
Tendios, a pioneering startup in the public and private procurement space, has raised €2 million in a funding round to further develop its AI-powered platform and accelerate its international expansion. The round was led by EASO Ventures, with additional participation from Ona Capital, Archipelago Next, and Lukkap Venture.
Legal advisory for the transaction was provided by the team at Youandlaw, with lawyers Pablo Casado, Marta Fabios, and Sophia Amy Wolohan supporting EASO Ventures throughout the process, ensuring tailored legal guidance aligned with the investors’ objectives.
Founded in 2023 in Barcelona by Xavier Creus and Albert Riera, Tendios has developed an innovative SaaS platform that leverages artificial intelligence to simplify and optimize the end-to-end lifecycle of public and private tendering. The platform automates traditionally burdensome processes, reduces bureaucratic load, and enhances transparency and efficiency in procurement.
With a growing portfolio of high-profile clients—including Telefónica, Acciona, SEAT, Ford, Otis, AXA, the Spanish Ministry of Defense, the Barcelona Provincial Council, and ADIF—Tendios is positioning itself as a strategic bridge between the public and private sectors. The company is addressing a market that represents approximately 20% of Spain’s GDP and aims to unlock its full economic potential.