VendorMach is a network driven platform solving the inefficiencies between buyers and SME suppliers thus increasing network liquidity and supply chain visibility. Our unique advantage is the proprietary VendorMach Trust Score™, a measure of supply chain trust and creditworthiness. Using artificial intelligence, we aggregate small business invoices with historical, credit and open market data to produce an industry first Trust Score for the supply chain. The founding team has strong experience in underwriting, insurance, banking, technology deployment, data analytics and product management with quant and finance degrees from the University of Chicago (Booth) and Oxford University.
We were one of 10 companies selected to join Startupbootcamp Fintech. During 13 weeks of acceleration in Manhattan, we validated our solution and market with accelerator sponsors such as Deutsche Bank, Mastercard, and Capital One.
In addition, we gained extensive feedback from New York Life's Vendor Management and Finance senior management team, American Express underwriting, IndiaMart and had 1-1 meetings with Z Score founder, Professor Ed Altman and the US government.