Tussell Limited

Tussell Limited is a market intelligence platform that focuses on enhancing the capabilities of businesses in navigating UK public procurement through data analytics and strategic insights. Tussell Limited is dedicated to streamlining public procurement processes, allowing businesses to effectively identify and capitalize on opportunities within this sector. Founded in 2015, the company is headquartered in London, UK. Gus Tugendhat, the founder, has a history of entrepreneurship, although specific details about other companies he founded are not available.

Tussell has engaged in one funding deal, securing GBP 1 million in Seed funding on September 18, 2017, which valued the company at GBP 4. 90 million post-money. Tussell specializes in providing a comprehensive market intelligence platform focused on UK public procurement. Their core product offerings include framework intelligence, spend data analytics, and access to a vast database of decision-maker contact information within the public sector.

These tools facilitate business development professionals in identifying opportunities, understanding procurement trends, and improving bidding strategies. The platform serves a diverse client base, including both central and local government authorities as well as private sector organizations engaging in public sector contracts. Tussell operates on a subscription-based revenue model, where clients pay for access to its market intelligence platform and associated services. The subscription transactions typically involve business development professionals and organizations subscribing to Tussell's offerings to gain insights into government contracts and spending patterns.

The pricing structure includes various plans tailored to meet the needs of different customer segments, including individual firms and larger enterprises. Tussell’s insights are essential for clients to enhance their public sector sales strategies, identifying new market opportunities and managing relationships with key decision-makers. The company reported an EBITDA of GBP 0 for the most recent year in 2022. Following the Seed funding deal in September 2017, Tussell Limited plans to leverage the GBP 1 million raised to enhance its product offerings and expand its market reach.

The company is currently working on new features for its platform aimed at improving user experience and insight generation. Additionally, Tussell intends to focus on expanding its services into new geographic regions. Specific target markets and timelines have not been disclosed. The funding will support the development and marketing of these upcoming products, solidifying Tussell's presence in the public procurement landscape.