London-based Stotles has raised $6.5m (£5.3m) in seed funding to expand its platform that aims to make it easier for the private sector to do business with the public sector.

London-based Stotles has raised $6.5 million in a seed funding round as it aims to build a better mousetrap when conducting commerce with government institutions. The funding will be used to blow the dust off a number of antiquated processes, further develop the startup’s product, remove all the pens and paper from the purchasing department, grow the team, and conquer new, er, expand into new markets. Since August of 2019, Stotles has raised a total of $8.3 million. There’s no denying, that when it comes to purchasing power, nothing beats a good ol’ fashion government for spending dollars on the penny, and being on the supply side of this equation is the stuff that boats and homes on the southern coast of France are made of

Today, Stotles is pleased to announce David Burrows has joined its Advisory Board, helping Stotles sharpen its strategy to help businesses work with the Public Sector across the globe.