66 Best Procurement Startups to Watch in 2025

The Definitive Seedtable Ranking of Procurement Startups

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 66 start-ups with an aggregate funding of $6.4b. The average funding per company in this subset is $96.6m.

Last update to the database: Feb 18, 2025. See changelog.

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4

Funding Rounds

$146.0m

Money raised

SirionLabs provides a contract lifecycle management (CLM) platform for enterprises.

Key people:

10

Funding Rounds

$2.5b

Money raised

Tipalti automates the way companies pay suppliers, partners, publishers and employees with cloud-based solutions which addresses all phases of the payables workflow.

Key people:

4

Funding Rounds

$83.1m

Money raised

Kojo (previously known as Agora) is a company behind a software platform that helps construction and electrical contractors get materials to the job site.

Location:

Key people:

5

Funding Rounds

$314.2m

Money raised

Zip is an intake and procurement orchestration platform that enables users to initiate purchase requests across the enterprise.

Key people:

1

Funding Rounds

Partender is a company founded in 2012 by Nikhil "Nik" Kundra, Anjali Kundra, Ishan Kulkarni, Chris Cordle, Brian Sunter, Spencer Ellinor and Anjali Kundra.

3

Funding Rounds

$67.1m

Money raised

Tropic is a technology company that has a procurement platform.

Key people:

1

Funding Rounds

SureFire is a Fountain Valley, California-based company founded in 1979.

6

Funding Rounds

$64.5m

Money raised

Tealbook empowers procurement teams with a platform that leverages advanced AI to deliver better visibility, increased accuracy and effortless analytics across the supplier base.

2

Funding Rounds

$46.0m

Money raised

Printify is a marketplace connecting online merchants to major print on demand and dropshipping manufacturers worldwide.

Location:

Key people:

6

Funding Rounds

$789.0m

Money raised

Tradeshift is a company providing a B2B platform for electronic invoicing, workflow and supplier financing for enterprises.

Location:

Key people:

1

Funding Rounds

$3.0m

Money raised

Business to business managed marketplace company focused on Africa. WaystoCap was founded in 2014, it is headquartered in Casablanca, Morocco.

Industries:

Key people:

2

Funding Rounds

$995.0m

Money raised

Katerra is a US based construction company.

3

Funding Rounds

$41.1m

Money raised

Fairmarkit's SaaS platform automates the control and optimization of tail spend purchases. While tail spend accounts for about 20% of annual spend, tail spend comprises 80% of a business's total vendors and purchases, making it a management nightmare. Fairmarkit's automated processes increase transparency, yielding greater efficiencies and reducing spend by 6-12%.

Location:

Key people:

3

Funding Rounds

$2.2m

Money raised

oneforty is a United States-based company founded in 2009 by Laura Fitton.

10

Funding Rounds

$320.5m

Money raised

Olist is a company founded in 2015.

5

Funding Rounds

$84.9m

Money raised

Keelvar offers advanced sourcing optimization and intelligent sourcing automation software.

Location:

Key people:

1

Funding Rounds

$1.2m

Money raised

VendorHawk was a Seattle-based software asset management company, marketing a software-as-a-service model.

2

Funding Rounds

$7.8m

Money raised

DeepStream is a London-based company founded in 2016 by Yannis Drosidis.

4

Funding Rounds

$22.4m

Money raised

Healthcare marketplace is broken from a long-time. Both buyers (hospitals, health systems) and suppliers (pharmaceutical and medical device manufacturers/digital health companies/service or solution providers) struggle to find the optimum opportunities for developing a transaction.

1

Funding Rounds

$2.1m

Money raised

Lettuce is a company founded in 2011 by Frank Jones.

6

Funding Rounds

$70.4m

Money raised

SourceDay is an Austin, Texas-based company founded in 2013 by Tom Kieley.

Location:

Key people:

1

Funding Rounds

$10.0m

Money raised

Negotiatus is a company founded in 2016 by Tom Jaklitsch.

1

Funding Rounds

$20.0m

Money raised

Restaurant365 is a foodservice supply chain and procurement management software company.

Key people:

4

Funding Rounds

$57.6m

Money raised

Zylo is an Indianapolis-based company founded in 2016.

1

Funding Rounds

$50.0k

Money raised

everbill is a company founded in 2012 by Michael Kunz, Harald Trautsch, Gerald Aichholzer and Robert Beisteiner.

Key people:

2

Funding Rounds

Industrial procurement platform for custom made metal parts

Location:

Key people:

2

Funding Rounds

$24.5m

Money raised

Scout RFP is a San Francisco-based company founded in 2014.

2

Funding Rounds

$60.0k

Money raised

Cloudadmin is a company founded by Alfredo Juarez.

4

Funding Rounds

$122.5k

Money raised

Trakti is a blockchain company founded in 2016 by Luigi Telesca, Nevio Boscariol and Md. Mahfuzul Islam.

1

Funding Rounds

$20.4m

Money raised

Yaydoo is a Mexico-based company founded in 2016 by Sergio Ramírez.

Location:

Key people:

4

Funding Rounds

$60.3m

Money raised

GoExpedi is an Houston-based company founded by Timothy Neal.

Location:

Key people:

1

Funding Rounds

$4.0m

Money raised

Vroozi is a California-based company developing procurement software.

1

Funding Rounds

$5.0m

Money raised

Talon is a United Kingdom-based company founded in 2015.

3

Funding Rounds

$35.3m

Money raised

Sunyur is a company founded in 2018 by Miao Feng.

1

Funding Rounds

$4.0m

Money raised

Getmobil is a refurbished electronics marketplace founded in 2018.

Location:

1

Funding Rounds

$16.3m

Money raised

Najar is an AI-driven procurement solutions provider founded in 2021 by Jean Guillaume Buret.

Location:

Key people:

1

Funding Rounds

$3.6m

Money raised

Strategic Procurement Made Easy: We facilitate data-driven, smarter, and sustainable decisions for procurement professionals and businesses.

3

Funding Rounds

$26.1m

Money raised

VendorPM is a company founded in 2019 by Emiel B..

Location:

Key people:

1

Funding Rounds

$1.3m

Money raised

Intello is a company founded by Shlomo Dalezman.

3

Funding Rounds

$5.8m

Money raised

CureMint is a Durham, North Carolina-based company founded in 2017 by Brandon Patrick McCarty.

2

Funding Rounds

$12.8m

Money raised

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

Location:

Key people:

2

Funding Rounds

$6.7m

Money raised

Vendorful is a company founded in 2016 by David Wadler.

Key people:

2

Funding Rounds

$180.5m

Money raised

LogicSource is a company founded in 2009.

1

Funding Rounds

$10.0m

Money raised

Mercanis offers Software for procurement.

1

Funding Rounds

$4.0m

Money raised

Food Market Hub is a restaurant Supply Chain Platform.

Industries:

Location:

1

Funding Rounds

$5.8m

Money raised

tacto enables procurement teams to focus on what matters while automating what does not. The team's belief is that modern procurement deserves a modern solution to focus on strategic efforts instead of transactional activities.

1

Funding Rounds

$18.0m

Money raised

Smartequip is a company founded in 2000.

1

Funding Rounds

$40.0k

Money raised

atCollab is a company founded in 2012 by Mikhail Kartamyshev.

1

Funding Rounds

$20.0m

Money raised

AI-powered procurement orchestration and supplier risk management platform.

Key people:

1

Funding Rounds

$22.0m

Money raised

CoProcure is a San Francisco-based procurement company founded by Mariel Reed.

Industries:

Location:

1

Funding Rounds

$60.0m

Money raised

Tridge helps businesses source food and agricultural products from global markets

1

Funding Rounds

$5.0m

Money raised

penny software is a simple. Spending founded by Iyad Aldalooj.

Location:

Key people:

4

Funding Rounds

$44.0m

Money raised

MFG.com is an Atlanta-based company founded in 2000.

Location:

3

Funding Rounds

$11.3m

Money raised

Industries:

1

Funding Rounds

$80.0m

Money raised

CORCENTRIC, INC. is a New Jersey-based procurement company founded in 1996.

Industries:

Location:

1

Funding Rounds

Treya Partners are a business consulting firm that offers strategic sourcing, spend analysis, and group purchasing solutions to companies.

Key people:

1

Funding Rounds

$10.0m

Money raised

1

Funding Rounds

$1.5m

Money raised

AI-driven RFP collaboration platform for supply chain and procurement industries.

Key people:

1

Funding Rounds

$13.0m

Money raised

Comstruct is a procurement platform for construction materials founded in 2022 by Henric Meinhardt, Jonas Beckort and Dominik Brosch.

Location:

Key people:

1

Funding Rounds

$3.0m

Money raised

Focal Point is a procurement company.

Industries:

1

Funding Rounds

$400.0k

Money raised

TimeFlow is an IT resource management platform founded in 2020.

1

Funding Rounds

Company

Industries:

2

Funding Rounds

$3.1m

Money raised

DemandStar is a company founded in 2018 by Ben Vaught.

Key people:

1

Funding Rounds

$5.0m

Money raised

Approve.com is a simple, Customizable Procurement Processes For Your Organization.

Industries:

Location:

1

Funding Rounds

$25.0k

Money raised

CentralMayoreo.com is a Mexico-based company founded in 2013.

Industries:

Location:

1

Funding Rounds

$2.5m

Money raised

PROCURSYS, INC. is a Boston-based company founded in 2018.

Location:

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