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Procurement Startups

Updated July 2026

Companies in the procurement sector developing innovative solutions and technologies.

Explore 180 recently funded procurement companies with verified founder contact information and fundraising data.

Total Companies
180
Total Funding
$164.5M
Avg Funding
$6.6M
Global Reach
13
countries

Top Cities for Procurement

Washington
Marupe
Zürich
San Francisco
New York
Stockholm

Recently Funded Companies

Export
Washington, United States

Procurated is the largest supplier ratings and reviews platform built for the public sector.

Sep 2023

Founder Contacts

30,000+ verified contacts

Marupe, Latvia

Sorsera provides enhanced intelligence and collaboration capabilities to suppliers & buyers, involved in the procurement process.

$1.4M raised
Sep 2024

Founder Contacts

30,000+ verified contacts

Zürich, Switzerland

Archlet is a B2B SaaS application empowering company buyers to make faster and more informed decisions in strategic sourcing.

$10.0M raised
Sep 2021

Founder Contacts

30,000+ verified contacts

San Francisco, United States

Trusli is an AI-powered budget-to-contract automation platform for enterprise users

Sep 2023

Founder Contacts

30,000+ verified contacts

New York, United States

Fohlio help organizations with many locations manage their approved products and design standards while purchase with volume discounts

$3.1M raised
Sep 2021

Founder Contacts

30,000+ verified contacts

New York, United States

AI-powered vendor management platform that helps payers evaluate, procure, and monitor digital health to relieve point-solution fatigue.

$25K raised
Sep 2024

Founder Contacts

30,000+ verified contacts

Stockholm, Sweden

Sourcing platform and B2B marketplace for sustainable packaging for SMEs

$1.5M raised
Sep 2021

Founder Contacts

30,000+ verified contacts

Santiago, Chile

Webdox is a SaaS CLM focused on large and medium companies in LATAM and the US.

$1.5M raised
Sep 2024

Founder Contacts

30,000+ verified contacts

Berlin, Germany

Lhotse is an intuitive SaaS platform that automates and simplifies procurement

$5.9M raised
Sep 2021

Founder Contacts

30,000+ verified contacts

Pleasanton, United States

LevaData develops a supply management platform that helps control risks, reduce costs, and accelerate new product development.

$47.0M raised
Sep 2021

Founder Contacts

30,000+ verified contacts

Boston, United States

Fairmarkit is an automated sourcing platform that gives procurement teams what they need to be more efficient with every purchase.

$35.6M raised
Sep 2022

Founder Contacts

30,000+ verified contacts

London, United Kingdom

Wizme makes meetings and events management magical through superior ease of use and smart technologies.

$127K raised
Sep 2022

Founder Contacts

30,000+ verified contacts

New York, United States

Bidversity engages in automating the government contract procurement process.

$150K raised
Sep 2021

Founder Contacts

30,000+ verified contacts

Milan, Italy

EdilGo is a SaaS-enabled marketplace for construction. Its unique AI solution is able to automate the procurement process in construction.

$543K raised
Aug 2021

Founder Contacts

30,000+ verified contacts

Berlin, Germany

Alpas develops software for procurement departments to identify suppliers 10x faster.

Aug 2023

Founder Contacts

30,000+ verified contacts

Washington, United States

India Index is a B2B cloud-based supply chain marketplace.

$500K raised
Aug 2023

Founder Contacts

30,000+ verified contacts

Toronto, Canada

VendorPM is a streamline real estate procurement with unified vendor management, eTendering, and contract solutions.

$20.0M raised
Aug 2022

Founder Contacts

30,000+ verified contacts

Mexico City, Mexico

Yaydoo is a procurement platform that streamlines business purchasing using a cloud-based e-procurement software and AI.

$20.4M raised
Aug 2021

Founder Contacts

30,000+ verified contacts

Brisbane, Australia

Felix is a cloud-based procurement platform and offers services in construction procurement, sourcing and vendor performance management.

$10.3M raised
Aug 2025

Founder Contacts

30,000+ verified contacts

Hong Kong, Hong Kong

We use a network of sourcing experts that helps buyers make buying decisions using their experience and expertise gathered over the years.

$700K raised
Aug 2021

Founder Contacts

30,000+ verified contacts

Omaha, United States

Certified Cell provides consignment cell phone inventory to retail partners.

$850K raised
Aug 2022

Founder Contacts

30,000+ verified contacts

Paris, France

Koncile is an AI OCR platform to extract and structure data from any document type, with API and no-code integration.

$674K raised
Aug 2024

Founder Contacts

30,000+ verified contacts

Milwaukee, United States

Part Analytics, AI-powered Supply Management Solution

$3.0M raised
Aug 2021

Founder Contacts

30,000+ verified contacts

Boise, United States

Team Procure is cloud-based procurement software for medium and large-scale corporations.

$500K raised
Aug 2022

Founder Contacts

30,000+ verified contacts

Zürich, Switzerland

Columba is a B2B services marketplace for technology and marketing professionals to shop and engage vetted service providers.

$609K raised
Aug 2021

Founder Contacts

30,000+ verified contacts

Showing 1 to 25 of 180 companies

About the Procurement Startup Ecosystem

The procurement sector is an active area of startup innovation and venture capital investment. Companies in this space are developing new technologies, platforms, and services that address evolving market needs and create new business opportunities.

Funding Trends in Procurement

Procurement companies raise capital across various funding stages, from early seed rounds to late-stage growth financing. Investor interest in this sector is driven by the size of the addressable market, the pace of technology adoption, and the potential for scalable business models.

Growth Outlook

The procurement sector is expected to continue evolving as technology advances, market dynamics shift, and new opportunities emerge. Companies that demonstrate strong product-market fit, efficient growth, and clear competitive advantages are well-positioned to attract continued investment.

Procurement Funding Breakdown

Here is how funding is distributed among the 180 procurement companies tracked in the VCBacked database.

Average Funding
$6.6M
Total Funding Tracked
$164.5M
Countries Represented
13

Distribution by Funding Stage

Other25 companies

Top Cities for Procurement

1.New York
3 companies$3.3M
2.Washington
2 companies$500K
3.Zürich
2 companies$10.6M
4.Berlin
2 companies$5.9M
5.Marupe
1 companies$1.4M

Related Industries

Companies in the procurement sector often overlap with or complement businesses in adjacent industries. Exploring related verticals can help you discover additional companies, identify partnership opportunities, and understand the broader competitive landscape.

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180 Procurement Startups (2026) — Recently Funded Companies, Investors & Rounds | VCBacked