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Stotles raises $13 million Series A to help suppliers succeed in the new age of government efficiency

Written 
May 29, 2025
 by 
Rose
Stotles Founders - Taj, John, an Carsten
BLOG

Stotles raises $13 million Series A to help suppliers succeed in the new age of government efficiency

Written 
May 29, 2025
 by 
Rose
Stotles Founders - Taj, John, an Carsten
In this article

We just raised $13 million to help you grow your public sector revenue.

Big news! Stotles has raised $13M in Series A funding, led by Headline and Acton, with support from returning investors Form Ventures and Seedcamp.

This isn’t just a milestone for Stotles, it’s fuel for suppliers like you to grow your public sector business in the new era of government efficiency.

Why now?

Governments everywhere are thinking differently about what and how they buy. Budgets are tightening. Expectations are rising. Focus is on efficiency and cost-saving. Governments in the UK, US, and beyond are demanding more for less and suppliers are stuck in the middle.

With both the Labour government’s policies to cut the cost of government operations, and the creation of the Department of Government Efficiency (DOGE) respectively, pressure on suppliers to work more efficiently, qualify faster, and bid smarter.

The market is evolving, and businesses who stand still are being left behind. This is why Stotles exists, because our customers increasingly need a single place to manage the complexity of this market to grow their public sector revenue.
John Witt, CEO & Co-Founder of Stotles

Why Stotles?

With public sector spending reaching over £400 billion ($530 billion) annually in the UK alone, and over $13 trillion worldwide, Stotles is positioned to meet demand for a platform that helps businesses navigate the increasing complexity of selling to the public sector.

We’re the only platform on the market to support the end-to-end commercial process of creating strategy; building a qualified pipeline; finding the right tenders, and qualifying those opportunities to generate a first draft of a bid.

On May 6th 2025, we relaunched the platform as the only Al-powered tool on the market, designed to enhance decision-making at every stage of the sales cycle, keeping our users focused only on serious revenue opportunities.

With Stotles AI, you can:

  • Size your total addressable market (TAM)
  • Build smart target account lists
  • Spot early buying signals
  • Surface the most relevant contracts
  • Reveal links between opportunities, procurement history, competitors, and partners
  • Save hours of manual research across fragmented portals
  • Qualify live tenders to help you decide whether to bid
  • Draft bids for the opportunities you choose to pursue

We’re using the $13M raise to continue investing in the end-to-end, AI-powered platform which is designed to do one thing: grow your revenue in the public sector.

Why are our investors backing Stotles?

Since our seed round raise, Stotles has:

  • Multiplied our customer base, making it the tool of choice for enterprises like Amazon Business, Salesforce, Vodafone, NEC Software, Palo Alto Networks, and Snowflake
  • Grown our freemium user base by over 700%
  • Launched an AI powered version of the platform, which covers every stage of the public sector commercial process
  • Generated 4x qualified pipeline growth for its customers
  • More than doubled its customers’ public sector contract win rate

Our Series A round was led in part by Acton Capital, which has backed brands Etsy, Clio and Yoto. Here's why they chose Stotles:

EXPERT VOICE
B2G transactions are massive in terms of volume and affect all of us. However, the sector’s special requirements often create friction and complexity. Stotles’ team obsesses about the nuances of the industry and has created the definitive suite of products to help companies sell effectively to the public sector.
Julius Lühr
Julius Lühr
Partner at Acton

Also leading the round was Headline, who returned as an investor after backing Stotles at Seed Round. Headline have brands like Mistral, Bumble, and GoPuff in their portfolio. Here's what they had to say about the raise:

EXPERT VOICE
Procurement is the beating heart of how public and private sectors work together. With Stotles, we’re continuing to back a team that is building the platform to modernise how trillions in public funds are accessed, giving more businesses the opportunity to participate. This is what real government efficiency can look like.
Christian Miele
Christian Miele
General Partner at Headline

Ready to grow your public sector revenue?

Join the thousands of suppliers using Stotles create strategy, build pipeline, track tenders, and win bids.

Explore the platform for free or book a demo to see how we can help you stay ahead.

Try Stotles for free

Create opportunities. Engage buyers. Win bids.
It all starts with Stotles.