Teradix

Teradix is a cloud-based e-procurement and sourcing SaaS company headquartered in Maadi, Cairo, Egypt, founded in 2019. Its platform covers the procurement lifecycle: purchase requisitions and approval workflows, e-RFx (RFQs, RFPs, RFIs, and tenders), reverse auctions (which it claims can cut costs by up to 25%), supplier management and performance tracking, centralized contract management, and spend-analytics dashboards, backed by a network of verified suppliers across the MENA region. According to Getlatka, Teradix is self-funded (bootstrapped) and reported around $1.4 million in annual revenue with a 13-person team. In late 2024 it received a $140,000 grant from the TAQADAM Accelerator at King Abdullah University of Science and Technology (KAUST) to expand into Saudi Arabia, and it has signed enterprise clients such as Rich Bake for end-to-end digital procurement transformation. The product is available in English and Arabic and offers API integrations for enterprise customers.