DeepStream

AI-enhanced eSourcing and RFx platform built for mid-market procurement teams

Company Overview

DeepStream Technologies Limited, founded in 2016 by CEO Jack Macfarlane (a former UBS director) and headquartered in London, UK, provides source-to-contract software specifically positioned for mid-market procurement teams rather than large enterprise buyers.

Tail Spend Offering

DeepStream doesn’t market itself around the term ‘tail spend’ specifically, but its positioning targets exactly the gap tail spend tools fill: mid-market teams without dedicated category managers for every purchase. Its own customer data shows a 146 percent average increase in RFPs, RFIs, and RFQs sent per month after adoption, meaning more of a buyer’s spend, including smaller categories that would otherwise never get a formal sourcing event, gets competitively run. Supplier Discovery and AI RFP Generation modules specifically cut the time cost of sourcing a one-off or infrequent category down from days to minutes.
FOUNDED
2016
HEADQUARTERS
London, United Kingdom
COMPANY TYPE
Private, VC-backed (~$7M total raised)
GEOGRAPHIC COVERAGE
Global, strongest in UK/Europe

Key Capabilities

Who It's Built For

Typical Customer
Mid-market procurement teams
Industries
Cross-industry, notable strength in renewables/energy, manufacturing, and offshore/marine
Delivery Model

Frequently Asked Questions

What is DeepStream?

DeepStream Technologies Limited, founded in 2016 and headquartered in London, provides AI-enhanced source-to-contract software built specifically for mid-market procurement teams.

How does DeepStream help with tail spend management?

DeepStream doesn’t market itself around the term ‘tail spend’ specifically, but its own customer data shows a 146 percent average increase in RFPs, RFIs, and RFQs sent per month after adoption, meaning more of a buyer’s spend, including smaller categories that would otherwise never get a formal sourcing event, gets competitively run.

What are DeepStream's key capabilities?

Supplier Discovery, AI RFP Generation and AI Analytics, RFx and eAuctions, Pre-Qualification and Contract Management, and a Virtual Centre of Excellence that embeds buying policy into every RFx by default.

Who is DeepStream built for?

Mid-market procurement teams, with particular strength in renewables, energy, manufacturing, and offshore/marine industries.

Is DeepStream an independent company?

Yes, DeepStream is privately held and venture-backed.
Sources
DeepStream company site
CB Insights

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