Crowdfox as a top 10 finalist at The Spark 2024 ‘AI for Business’

created on: 02.12.2024 | by: Annika Schöbe

Crowdfox named a top 10 finalist at The Spark 2024 – Germany’s leading AI innovation award

We are delighted to be selected as one of the top 10 finalists for The Spark 2024, the prestigious German digital award presented by Handelsblatt and McKinsey. This recognition underlines our commitment to pioneering work in eProcurement that aims to transform Indirect Procurement.

The Spark 2024 focuses on “AI for Business” and recognizes companies that are integrating artificial intelligence at the core of their business models to increase productivity across functions and unlock new growth opportunities. As a finalist, Crowdfox stands out for its innovative use of AI by reducing indirect purchasing costs and improving the carbon footprint and user experience. This has only become possible through semantic analysis and generative AI.

Our CEO Dirk Schäfer emphasizes: “It is an honour to be recognized among the most innovative AI start-ups in the German-speaking world. This nomination is a testament to the hard work and dedication of our team. Together, our procurement experts and technology specialists have mastered a previously unsolved challenge – the economic optimization of indirect procurement. And that welds us together! In order to achieve today’s success, we have already had to completely reinvent ourselves once in our short company history. We are looking forward to presenting our solutions to a renowned jury and an exclusive audience at the award ceremony in Berlin.”

The final winners of The Spark 2024 will be announced during a special ceremony in Berlin on November 14, 2024. The event provides us at Crowdfox with an excellent platform to showcase the innovative product and raise awareness among industry leaders, offering unparalleled growth opportunities.

More details about The Spark and the competition can be found at the-spark.de/en