Cliwant
AI-powered proposal analysis for public procurement bidding.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
* | N/A | Seed | |
| Total Funding | 000k | ||
Cliwant is a South Korean startup that provides an AI and data-driven platform for analyzing public procurement bids and Requests for Proposals (RFPs). Founded by CEO Junho Cho, a 14-year veteran in global bidding, the company aims to simplify the complex public procurement process. The platform monitors and aggregates bid announcements from numerous public sources, including government agencies, universities, and banks.
The company's core service utilizes AI to analyze over a decade's worth of RFP data to match companies with suitable bid opportunities. Its features include identifying potentially disadvantageous risk clauses in contracts, calculating bid prices, and offering tools for strategic bid planning, such as government budget and past project analysis. By automating and streamlining these processes, Cliwant aims to reduce the time spent on repetitive paperwork from weeks to minutes, allowing clients to focus on strategic planning.
Cliwant operates on a subscription-based business model, serving a diverse client base that includes large corporations and startups across sectors like system integration, education, ESG, and consulting. The company secured Pre-Series A funding just nine months after its incorporation in a round co-led by BonAngels Venture Partners and Blue Corner. Recognized for its potential, Cliwant was a recipient of OpenAI's 'Most AGI Potential Award' and was selected for Google for Startups' AI program. With plans to expand into the U.S. and Singapore markets, Cliwant is also the leader of the APMP (Association of Proposal Management Professionals) Korea Chapter, reflecting its commitment to setting new standards in the bidding industry.
Keywords: public procurement, request for proposal, RFP analysis, bid management, AI procurement, government contracts, bidding platform, proposal automation, GovCon, public sector bidding, risk analysis, bid strategy, bid matching, procurement data, contract analysis, proposal management, tender analysis, government bidding, South Korean startup, OpenAI partner