Romanian Market Network Startup, ProfiCircle, Launches Its Beta Platform with €300k Investment
With the vision to provide commercial equipment and construction businesses with industry-specific workflow solutions for efficient and continuous collaboration on long-term projects, the Romanian entrepreneur – Eduard Daniliuc, launched ProfiCircle in 2019. Being the first such B2B market network platform, ProfiCircle enables buyers to source, buy, and manage long-term projects online across many sellers and service providers. Customers are able to receive instant quotations due to machine learning technology, which means that they have the opportunity to make multiple online auctions for several products or services within the project.
I have 15 years’ experience in the industry of commercial equipment, being a dealer for many manufacturers and suppliers, and closing more than 2.000 acquisition projects for commercial equipment in the EU countries. I know how difficult it is for buyers to manage offline such complex projects: traditionally, the buyer sends several RFQs (request for quotation), in many cases, they don’t include detailed RFP (request for proposal) to potential suppliers, in order to obtain the best warehouse equipment offer and related services. The process itself can last for months, involving e-mails, telephone calls, offline meetings, and a lot of people. Buyers can buy mainly from local suppliers, plus there is no price transparency.
Eduard Daniliuc
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