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Procurement Startups

Updated October 2026

Companies in the procurement sector developing innovative solutions and technologies.

Explore 191 recently funded procurement companies with verified founder contact information and fundraising data.

Total Companies
191
Total Funding
$441.4M
Avg Funding
$17.7M
Global Reach
9
countries

Top Cities for Procurement

Milan
Dublin
Cleveland
Bolzano
Stuttgart
Santiago

Recently Funded Companies

Export
Milan, Italy

compri uses artificial intelligence (AI) to make your procurement experience easier, faster, and smarter.

$3.6M raised
Jun 2026

Founder Contacts

41,000+ verified contacts

Dublin, Ireland

SaaS Construction Procurement & Compliance Platform

$211K raised
Jun 2022

Founder Contacts

41,000+ verified contacts

Cleveland, United States

Demand intelligence for steel service centers — built from the inbox your team already uses.

$19.0M raised
Jun 2022

Founder Contacts

41,000+ verified contacts

Bolzano, Italy

Soource is a multi-agent AI platform that streamlines procurement by automating sourcing processes and optimizing supplier selection.

$3.5M raised
Jun 2026

Founder Contacts

41,000+ verified contacts

Stuttgart, Germany

Vertical AI for the $200B industrial spare parts market

$10.9M raised
Jun 2023

Founder Contacts

41,000+ verified contacts

Santiago, Chile

Wherex uses AI to automate procurement, cut repetitive tasks, and boost your team’s ability to make smarter, strategic decisions.

Jun 2022

Founder Contacts

41,000+ verified contacts

Seattle, United States

Wholesale medical supply platform

$20.0M raised
Jun 2022

Founder Contacts

41,000+ verified contacts

Berlin, Germany

Hivebuy assists small and medium-sized businesses in streamlining their internal purchasing and ordering processes.

Jun 2023

Founder Contacts

41,000+ verified contacts

Mclean, United States

Minturn Group offers consulting, import/export support, and procurement in defense and space manufacturing.

$3.3M raised
May 2022

Founder Contacts

41,000+ verified contacts

Milpitas, United States

Resilinc is a provider of supply chain resiliency solutions.

May 2023

Founder Contacts

41,000+ verified contacts

Mexico City, Mexico

Finnecto automates purchase requests, policy reviews, approval workflows, vendor quotation digitalization and comparison.

$1.7M raised
May 2025

Founder Contacts

41,000+ verified contacts

Fort Thomas, United States

Configure is the construction marketplace that connects manufacturers, suppliers, and contractors.

$2.0M raised
May 2022

Founder Contacts

41,000+ verified contacts

London, United Kingdom

Tequipy provides IT equipment procurement, deployment, retrieval, storage, and lifecycle management services for distributed teams.

$3.5M raised
May 2026

Founder Contacts

41,000+ verified contacts

Paris, France

Pivot helps enterprises manage purchasing workflows, approvals, contracts, budgeting, and supplier operations.

$40.0M raised
May 2026

Founder Contacts

41,000+ verified contacts

San Francisco, United States

Armada develops computing infrastructure that supports AI processing, connectivity, and data management in remote environments.

$230.0M raised
May 2026

Founder Contacts

41,000+ verified contacts

Cork, Ireland

Sourcing Optimization and Autonomous Sourcing

$24.0M raised
May 2022

Founder Contacts

41,000+ verified contacts

Arlington, United States

CLEATUS is the all-in-one AI platform for GovCon. It automates discovery, capture, and proposals so any business can compete and win.

$4.0M raised
May 2026

Founder Contacts

41,000+ verified contacts

San Francisco, United States

Arkestro is a predictive procurement platform that utilizes AI, behavioral science, and machine learning to enhance procurement processes.

$36.0M raised
May 2025

Founder Contacts

41,000+ verified contacts

Mountain View, United States

Aumet develops digital healthcare supply chain and pharmacy management software for pharmacies and healthcare providers.

$12.0M raised
May 2026

Founder Contacts

41,000+ verified contacts

New York, United States

Transforming Operational Challenges into Strategic Advantages

$3.5M raised
May 2022

Founder Contacts

41,000+ verified contacts

Brisbane, Australia

ProcurePro develops procurement management software for construction projects.

$11.0M raised
May 2026

Founder Contacts

41,000+ verified contacts

Durham, United States

CureMint empowers DSOs with a cloud-based source-to-pay platform that manages their entire procurement lifecycle.

Apr 2024

Founder Contacts

41,000+ verified contacts

San Francisco, United States

The AI operating system for supply chain teams.

$2.0M raised
Apr 2026

Founder Contacts

41,000+ verified contacts

Charlotte, United States

Field Materials is the leading AI procurement platform for the construction industry.

$10.5M raised
Apr 2025

Founder Contacts

41,000+ verified contacts

Gaerwen, United Kingdom

Ecodetect is a tech firm offering AI-driven marine monitoring and environmental consulting services for offshore infrastructure.

$662K raised
Apr 2026

Founder Contacts

41,000+ verified contacts

Showing 51 to 75 of 191 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 191 procurement companies tracked in the VCBacked database.

Average Funding
$17.7M
Total Funding Tracked
$441.4M
Countries Represented
9

Distribution by Funding Stage

Other25 companies

Top Cities for Procurement

1.San Francisco
3 companies$268.0M
2.Milan
1 companies$3.6M
3.Dublin
1 companies$211K
4.Cleveland
1 companies$19.0M
5.Bolzano
1 companies$3.5M

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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191 Procurement Startups (2026) — Recently Funded — Page 3 | VCBacked