Epylon
Latest round
- Series B
Last raised
- Sep 2000
Total raised
- $47M
Investors
- 5
About Epylon
Founded in 1999 in Lafayette, US, Epylon specializes in procurement solutions for public sector organizations. The company has undergone significant changes in strategy, including a notable acquisition by Accenture in August 2001. Tim Blanton currently leads the company as CEO.Epylon specializes in providing innovative procurement solutions targeted at public sector entities, including government agencies and educational institutions. The company’s core offerings include a comprehensive suite of tools designed to streamline the purchasing process, enhance transparency, and facilitate better vendor management. These solutions are engineered to address challenges such as inefficient procurement workflows and the difficulty in accessing competitive bids. By leveraging technology, Epylon enhances the ability of its clients to conduct online purchasing, ensuring compliance with regulatory standards while maximizing cost savings.Epylon's revenue model is structured around providing subscription-based access to its procurement platforms and services. Clients typically engage with the company through annual or multi-year contracts that grant access to software tools and support services critical for their procurement needs. The transaction structure is primarily B2B, facilitating direct relationships between Epylon and its institutional clients. Pricing plans are tailored to the specific requirements of each client, ensuring that services align with their procurement scale and complexity. Flagship offerings include customized solutions that enhance vendor engagement and improve purchasing efficiency for public sector organizations, although specific pricing details are not disclosed.S. states by the end of 2024, aiming to broaden its market reach.
Who invested in Epylon
5 investors across 1 round
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Funding rounds
Series B
Sep 25, 2000
Amount
$47M
Investors
Questions about Epylon
Who invested in Epylon?
Epylon has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Epylon raised?
Epylon has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Epylon last raise money?
Epylon's most recent round on record is a Series B, in Sep 2000.
What does Epylon do?
Founded in 1999 in Lafayette, US, Epylon specializes in procurement solutions for public sector organizations.
Where is Epylon headquartered?
Epylon is headquartered in Lafayette, US.
Which VCs invest in companies like Epylon?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Epylon's stage. Their profiles are linked below.
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