Area served World Wide Website www.marketdojo.com Founded 2010 | Products eSourcing Software Headquarters Bristol | |
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Industry Internet Software & Services Founders Nick Drewe, Alun Rafique, Nic Martin | ||
Market dojo participant bidding in an auction
Market Dojo is an e-Procurement software company based in Bristol, England. The company was founded in 2010 by Nick Drewe, Alun Rafique and Nic Martin. Alun previously worked at Rolls Royce before meeting Nick Drewe at Vendigital, whilst Nic Martin came from Attensity. All three co-founders studied at Bristol University. The company's competitors include Ariba, Curtis Fitch and Scanmarket amongst others.
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Market dojo how our e sourcing software works
Technology
Market Dojo's software is based on the Ruby on Rails (RoR) platform, the same used by other e-Procurement solutions such as Coupa. It is hosted with Liberata.
Funding
In 2011, Market Dojo was awarded its first grant by the Technology Strategy Board to the amount of £25,036 towards an overall project cost of £55,635. The deliverable from the project was to evolve the functionality of the Market Dojo software in order to broaden its appeal beyond the Private Sector and provide a low-cost, EU-compliant and fully auditable tool that could assist Public Sector organisations across all member states of the European Union.
In 2012, Market Dojo was awarded a second grant from the Technology Strategy Board, this time to the tune of £24,949 towards an overall project cost of £55,443. This project was to develop an innovative procurement web application that will provide spend category insight, strategy and opportunity assessment for public and private sector procurement teams.
In 2013, Market Dojo was awarded its third grant by the West of England Local Enterprise Partnership to the amount of £25,000 towards their research and development.
Products
Market Dojo have released three individually branded products:
Academia and Professional Relationships
Market Dojo actively collaborate with academia, forging strong ties with the University of Greenwich and the University of the West of England where they annually give lectures on eAuctions to their MBA and Business School students.
Market Dojo have also given talks at events for the professional industry body CIPS on numerous occasions.
Lastly Market Dojo is an approved supplier on the UK Government Crown Commercial Service G-Cloud framework for providing eSourcing software as a service.