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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
$231.0M
Avg Funding
$9.2M
Global Reach
13
countries

Top Cities for Procurement

London
Palo Alto
Aarhus
Singapore
Seoul
Ghent

Recently Funded Companies

Export
London, United Kingdom

AI-powered financial management software for construction

$720K raised
Oct 2024

Founder Contacts

41,000+ verified contacts

London, United Kingdom

Ameba is a supply chain management platform uses AI to enable real-time data aggregation and automation.

$7.1M raised
Oct 2024

Founder Contacts

41,000+ verified contacts

Palo Alto, United States

ORO Labs is the leading AI-powered procurement orchestration platform for large enterprises.

Sep 2024

Founder Contacts

41,000+ verified contacts

Aarhus, Denmark

Mazepay helps procurement and finance professionals cut the tail in long-tail procurement.

$1.9M raised
Aug 2024

Founder Contacts

41,000+ verified contacts

Singapore, Singapore

ByteGenie enables companies to save millions on procurement every year, by providing price benchmarking and supplier intelligence.

$400K raised
Aug 2024

Founder Contacts

41,000+ verified contacts

Seoul, South Korea

Cliwant is an OpenAI partner startup that simplifies the complex world of public procurement.

$1.5M raised
Aug 2024

Founder Contacts

41,000+ verified contacts

Ghent, Belgium

The Secure Legal AI Associate

$16.4M raised
Jul 2024

Founder Contacts

41,000+ verified contacts

New York, United States

AI Powered Platform to Match Contractors with Diverse Firms

$4.5M raised
Jun 2024

Founder Contacts

41,000+ verified contacts

Helsinki, Finland

B2B Platform to source and order supplies for operations.

$4.2M raised
Jun 2024

Founder Contacts

41,000+ verified contacts

New York, United States

Zapro is an AI-native procurement platform that offers AI agents for procurement and vendor management.

$250K raised
Jun 2024

Founder Contacts

41,000+ verified contacts

Chicago, United States

The world's largest marketplace for industrial and service robots. On HowToRobot, buyer meets sellers of solutions worldwide

$3.5M raised
Apr 2024

Founder Contacts

41,000+ verified contacts

Tel Aviv, Israel

AI Supply Chain Analyst for NetSuite to Boost Margins & Prevent Stockouts

$6.0M raised
Apr 2024

Founder Contacts

41,000+ verified contacts

Auckland, New Zealand

Buddy is a marketplace for metal recyclables that transform the recycling market from manual to digital procurement processes.

$912K raised
Mar 2024

Founder Contacts

41,000+ verified contacts

Miguel Hidalgo, Mexico

Extendeal is a healthtech vertical SaaS that enables intelligent purchases for the pharmaceutical industry.

$2.0M raised
Feb 2024

Founder Contacts

41,000+ verified contacts

Munich, Germany

Tacto optimizes procurement, ensuring compliance, sustainability, and efficient material sourcing for mid-sized industrial firms.

$53.8M raised
Dec 2023

Founder Contacts

41,000+ verified contacts

Melbourne, Australia

Andisor is a wholesale platform for multibrand retailers.

$1.0M raised
Dec 2023

Founder Contacts

41,000+ verified contacts

Cologne, Germany

Sastrify is a virtual SaaS service procurement software that improves SaaS operations management and SaaS spending.

Nov 2023

Founder Contacts

41,000+ verified contacts

San Francisco, United States

Levelpath is an AI Platform for Unifying Procurement

$30.0M raised
Sep 2023

Founder Contacts

41,000+ verified contacts

Calgary, Canada

Ontopical provides businesses with the earliest possible signals of upcoming government contract opportunities.

$2.4M raised
Sep 2023

Founder Contacts

41,000+ verified contacts

London, United Kingdom

Deployed is an AI-assisted decision and document automation platform

$4.0M raised
May 2023

Founder Contacts

41,000+ verified contacts

Auckland, New Zealand

We're building the world's easiest to use, end-to-end procurement software, specifically built for small and medium procurement teams.

$1.4M raised
May 2023

Founder Contacts

41,000+ verified contacts

Seattle, United States

Lexion is an operations workflow platform that streamlines and centralizes the contracting process to enhance team productivity.

$20.0M raised
Apr 2023

Founder Contacts

41,000+ verified contacts

San Francisco, United States

Spendflo provides a SaaS buying and optimization platform that accelerates, reduces, and optimizes the SaaS purchasing cycle.

$11.0M raised
Apr 2023

Founder Contacts

41,000+ verified contacts

San Marcos, United States

Everstream is a supply chain company that delivers actionable insights to increase the resilience and agility of supply chains.

$50.0M raised
Apr 2023

Founder Contacts

41,000+ verified contacts

Austin, United States

StructShare is the #1 procurement and material management app for self perform contractors

$8.0M raised
Mar 2023

Founder Contacts

41,000+ verified contacts

Showing 126 to 150 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
$9.2M
Total Funding Tracked
$231.0M
Countries Represented
13

Distribution by Funding Stage

Other25 companies

Top Cities for Procurement

1.London
3 companies$11.8M
2.New York
2 companies$4.8M
3.Auckland
2 companies$2.3M
4.San Francisco
2 companies$41.0M
5.Palo Alto
1 companiesUndisclosed

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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