Crown

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Paris

France

https://www.crown.ovh/

Crown offers a flexible and easy-to-use autonomous negotiations and e-auctioning software for procurement teams.

Active

Procurement

Status

Active

City (Headquarter)

Paris

Country

France

FTE’s

Employees

Founding Date

31/12/2023

Funding ($)

850000

Phone

Contact Email

mykyta@crown.ovh

Founder

Founders

Mykyta Voytenko

Status

Active

City (Headquarter)

Paris

Country

France

FTE’s

xxx

Employees

Funding ($)

xxxxxxx

Phone

xxxxxxxx

Founder

Founders

xxxxx

xxxxxx

xxxxx

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Techsegment

Software

Market Sub-Segment

No items found.

Sustainability Sub-Segment

No items found.

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Techsegment

xxxxxx

Sustainability Sub-Segment

xxxxxx

Market Sub-Segment

xxxxxx

Description

Crown offers Dutch, English and Japanese auctions on a neutral platform that allows suppliers to easily hand-in their bids while they are smoothly guided through the process. Buyers can let the Crown take care of the negotiation which would normally be a lengthy process with a lot of back and forth communication while ensuring the best possible price outcome.

Company USP

Crown is the most user friendly e-auctioning solution on the market and easy and quick to setup with its agnostic approach towards exisiting software systems. On average it provided its customers 70% reduction in negotiation time 6% incremental savings on procurement spend.

Problems Solved

In procurement processes, buyers often face prolonged negotiation cycles that drain time and resources, struggle to achieve meaningful cost reductions, and encounter inefficiencies in managing procurement spend, all of which hinder their ability to make swift, cost-effective purchasing decisions. Exisiting e-auctioning tools are often clunky and hard to use for both buyers and suppliers and are not providing a real alternative to traditional price negotiations.

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Description

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Company USP

Business Model

B2B Software

Target Customers

SME and Enterprise customers with revenues between 50m and 5bn EUR

Reference Customers

Innovie Group, Welding Alloys

Operating Geographies

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Business Model

xxxxxx

Target Customers

xxxxxx

Reference Customers

xxxxxx

Operating Geographies

xxxxxx

Attachments

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Attachments

lorem-ipsum.pdf

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