Enterprise Purchasing Group

Verified

Enterprise Purchasing Group (EPG) is a group purchasing organization (GPO) that combines the purchasing volume of its members to negotiate preferential pricing and savings on transportation and logistics services.

• EPG has four founders: John Bevacqua, Jonathan Cortes, Jordan Zapotechne and Sheng Gu. All had long careers in the logistics space when they were connected through mutual friends.

• The four co-founders each brought complementary expertise: John in BD, Jordan in contract negotiation, Jonathan in partnerships and Shen in shipping analytics tech.

• The founding team had seen the power of GPOs in spaces like healthcare, but saw a gap in the transportation market. Leveraging their own networks, they rounded up enough volume commitment to negotiate their first group purchasing agreement with carriers.

• The company grew its member base quickly by working with the portfolio companies of leading PE and VC firms like a16z and VMG.

• From the start of the company in 2020, they've grown to represent nearly $1B in spend across a network of ~15 world-class freight, parcel, and other suppliers like UPS, DHL eCommerce, Maersk, and Flexport.