Tungsten Network is a secure e-invoicing, purchase order services and workflow platform that brings businesses and their suppliers closer together with unique technology that revolutionises invoice processing, maximises efficiency and improves cash flow. Delivering trusted connections and streamlined transactions, the network also provides users with real-time spend analysis and offers suppliers access to invoice financing through Tungsten Network Finance, a form of alternative finance for businesses.
Tungsten Network processes invoices for 76 percent of the FTSE 100 and 67 percent of the Fortune 500. It enables suppliers to submit tax compliant e-invoices in 48 countries, and last year processed transactions worth over £155bn for organisations such as Alliance Data, Cargill, Deutsche Lufthansa, General Motors, GlaxoSmithKline, Mondelēz International, Henkel, IBM, Kellogg's and the US Federal Government.
Trusted, passionate and proven, Tungsten is making the digitisation of global commerce between buyers and suppliers faster, easier and smarter.
Tungsten Network processes invoices for 76 percent of the FTSE 100 and 67 percent of the Fortune 500. It enables suppliers to submit tax compliant e-invoices in 48 countries, and last year processed transactions worth over £155bn for organisations such as Alliance Data, Cargill, Deutsche Lufthansa, General Motors, GlaxoSmithKline, Mondelēz International, Henkel, IBM, Kellogg's and the US Federal Government.
Trusted, passionate and proven, Tungsten is making the digitisation of global commerce between buyers and suppliers faster, easier and smarter.
Location: United Kingdom, England, London
Employees: 201-500
Phone: +44 870 165 7420
Total raised: $255.43M
Founded date: 2000
Investors 3
Funding Rounds 1
| Date | Series | Amount | Investors |
| 16.10.2013 | - | $255.43M | - |
Mentions in press and media 11
| Date | Title | Description |
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| 12.11.2024 | Jabil and Cyferd Launch ID8 Global, an AI-Driven Autonomous Supply Chain Platform | Jabil Inc, a global leader in engineering, manufacturing, and supply chain solutions today announced ID8 Global, a joint venture with Cyferd Inc., a pioneering AI company specializing in data technology. Together, they are introducing a gen... |
| 12.11.2024 | SAS acquires Hazy synthetic data software to boost generative AI portfolio | Strategic move reinforces SAS leadership in data and AI, enhancing customer innovation and data security SAS, a global leader in data and AI, today announced the acquisition of the principal software assets of Hazy, a pioneer in synthetic d... |
| 12.11.2024 | Kaiju Worldwide Appoints Dr. Aitor Muguruza as Chief AI Officer to Drive AI-Powered Innovation in Capital Markets | Kaiju Worldwide, a leader in Predictive AI and machine learning systems for capital markets, has appointed Dr. Aitor Muguruza as the firm’s Chief AI Officer. A PhD alumni of Imperial College, London, Dr. Muguruza has enjoyed a distinguished... |
| 12.11.2024 | Industry-Leading Instructional AI Platform Launches Advanced Plagiarism Prevention and Detection Solution | Packback’s expanded academic integrity tools bring together real-time feedback with advanced plagiarism and AI text detection, guiding students in the writing process to improve their writing while working to proactively prevent plagiarism ... |
| 12.11.2024 | S&P Global Transforms S&P Capital IQ Pro Experience with the Launch of New Generative AI-Powered Capabilities | Document Intelligence and ChatIQ Apply Innovative Technology to Streamline Analysis and Provide Workflow Efficiencies S&P Global today announced major generative-AI (GenAI) powered enhancements to S&P Capital IQ Pro including the in... |
| 07.11.2019 | Tips for Selling Smart Supply Chain Solutions | New technologies have the potential to make supply chains more efficient and more transparent than ever before. Unfortunately, implementing the right technologies in the right way is often easier said than done. Here are tips for selling sm... |
| 16.10.2013 | Tungsten’s float raises £160m to buy e-invoicing company OB10 |
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