Gregor Stühler (Co-Founder, CEO), Lee Galbraith (Co-Founder, COO), Christian Heinrich (Co-Founder, CFO) and Fabian Heinrich (Co-Founder) Louisa Summer





scoutbee

Making Global Sourcing Effortless

Software as a Service
Founded in 2015
38 employees
Funding: €1M
Stage: Seed


scoutbee is a revolutionary AI-based, big data B2B sourcing platform that supports purchasers, supply chain experts, and innovation scouts in finding the best suppliers globally. The powerful B2B cloud-based platform provides an end-to-end sourcing solution that contains specialist sourcing tools and a unique sourcing process that harnesses the power of AI and global big data.
Website

Highlight of the year: Within one year, they attracted top OEM customers like Audi, Bosch Rexroth Siemens.


Interview with scoutbee


What inspired you to found your startup?

We are all engineers and procurement specialists with strong IT backgrounds. We all have experienced the challenges of finding reliable and innovative suppliers around the globe in our daily business lives, and have decided to use our experience to find a solution.


How are you different? What is your unique value proposition?

scoutbee has a unique data and process advantage, with a connection to the best-maintained B2B database in the world, which includes 4 billion customer and supplier relationships with state of the art online collaboration and cooperation systems.


How do you define success for yourself and your company?

Success is reaching the balance between the challenges of chasing and reaching KPI-driven business goals while always trying to build a great workplace culture for our employees to thrive within.


What do you want to achieve next year?

We plan to open subsidiaries in the USA and Singapore, to increase the amount of OEM customers, and to handle more than 100 billion EUR of business demands through our platform.


Why do people want to work at your company?

We believe in building an environment of trust, where employees have the freedom to express themselves and are empowered through responsibility, and where their success is central to our success. We focus on allowing employees to work to their strengths but never stop trying.


What has been the most important milestone so far?

Proving our scalable business model to top OEMs.


Looking back at your whole development story — what makes you most proud?

Scaling from 3 to 38 people within a year, while implementing a fantastic company culture in the same short period of time.


Where do you see your company in 5 years?

We will be one of the fastest-growing and most successful startups to come out of Germany, with a reputation for innovation and a fantastic company culture.


What is your impression of launching a startup from your based city?

Founding a company in a smaller city always has a unique set of challenges, but these are outweighed by the ability to be closer to your customer base and with better access to top talent that is not consumed by the HR-war created in ‘hype-cities’ with an oversaturation of startups.


What is your impression of the german startup scene? Would you change anything?

Unfortunately in Germany startups are still seen as ‘experiments’ instead of what they can be, drivers of innovation. This impression of startups is detering young founders to bet their career on such adventures.



scoutbee was featured in “The Hundert Vol. 10 – Startups of Germany“, November 2018.



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