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Cloud-based procurement and sourcing software for procurement teams to manage requisitions, eRFx, reverse auctions, suppliers, contracts, and spend analytics.

Teradix is a cloud-based procurement and sourcing management platform built for procurement and supply chain teams that need to digitize the full cycle from purchase requisitions through sourcing events and contracts.
Key capabilities include:
Available on Web (cloud application, including login and supplier registration via app.teradix.com).
Target users include mid to large enterprises that run structured procurement processes, especially procurement managers and supply chain professionals managing multiple suppliers and frequent sourcing events.
Notable for teams that need stronger audit readiness and transparency, the platform supports documentation and reporting for sourcing interactions and auctions, and it highlights potential savings of up to 25% through reverse auctions (as stated on the product site).
DD Dave found 2 people at Teradix, including 1 Founder, and 1 C-Suite. See how we get product data
DD Dave found 1 articles about Teradix. See how we get product data
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DD Dave found that Teradix has raised $270K across 4 rounds, backed by 1 investor. Their latest round was a Other in Nov 2024. See how we get product data