Mercell

Mercell is Europe's leading platform for public procurement and tendering, connecting public sector buyers with suppliers across the continent.

Founded
1999
First Investment
2018
Software category
Public procurement and tender management
Geography
Global
Headquartered
Oslo, Norway 🇳🇴
Status
Recap

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Mercell is Europe's leading platform for public procurement and tendering, connecting public sector buyers with suppliers across the continent.

Buyers use Mercell to manage the full tender process from publishing opportunities to evaluating bids and awarding contracts with automated workflows, supplier management, and compliance built in.

Suppliers use it to find relevant public contracts, prepare bids, and track opportunities across multiple markets from one place.

Founded in Norway, Mercell has grown into a pan-European business and one of the strongest case studies in Viking Growth's portfolio growing ARR 10 times in five years.

Learn more about Mercell's journey:

Value Creation Initiatives

Growth Strategy

Clear strategy to become the nr. 1 in all Nordic markets.

Recruitment

Built complete management team by hiring management roles within Product, Tech, HR, Sales and Marketing and Finance.

Sales & Customer Success

Built scalable sales processes with specialized roles, taking Mercell's ARR growth from 9% at investment to a CAGR of 102% at year end 2021.

Acquisitions & Integrations

Acquired 12 companies in 5 different countries to expand geographically and expanding the product portfolio.

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"Viking stands out through their unique combination of subject-matter strength, hands-on operational experience, and genuine human connection. They’re not just an active owner, they’re a partner who stands alongside you in the work and contributes where it truly matters."