Founded by Tiffanie Stanard in 2017, Stimulus provides a supply-chain SaaS product that enables establishments to discover, compare and match with suppliers and vendors in real time. The platform is designed to help businesses cut costs by avoiding mismatched suppliers while surfacing diverse and underrepresented vendors. Stimulus digitizes the procurement and vendor-relationship process based on Stanard’s 15+ years of buyer and vendor management experience. The company has attracted investor interest from strategic and institutional backers and recently closed an oversubscribed seed round. Stanard plans to use the funding to hire in sales, data and engineering and to expand partnerships and supplier diversity efforts.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2022