Ukrainian startup b2beings doubles its success in international competitions
Ukrainian startup b2beings, the developer of the B2B portal builder Portality, announced its achievements in two international competitions: third place at Glovo Startup Labs 3.0 and second place at Pitch Grilling by the Ukrainian Startup Fund.
Founded by Yuriy Glushakov and Vasyl Korchynskyi, b2beings specializes in automating business interactions through platform solutions. Their product, Portality, provides companies with the ability to integrate with various external services to improve documentation, orders, and transaction monitoring. Over a year and a half, the team of 14 developed an MVP to test the platform with initial clients.
The startup uses a monetization model based on annual licenses and initial setup. This allowed b2beings to secure $190,000 for 2024 and plans to increase revenues to $300,000 in 2025 by expanding license sales. The B2B portal market continues to grow, reaching $18 billion in 2024, reflecting overall digitization and the adoption of new technologies.
The founders emphasize that their platform stands out from competitors with integration capabilities to systems like SAP and Microsoft Dynamics, and no limitations on the number of users. This makes their product more attractive to small to medium-sized enterprises. Successful performances in international competitions confirm the startup’s potential and open up new opportunities for investor engagement and client base expansion.
| Achievement | Competition | Year |
|---|---|---|
| 3rd place | Glovo Startup Labs 3.0 | 2024 |
| 2nd place | Pitch Grilling by the Ukrainian Startup Fund | 2024 |
