About Procurable
Procurable is a company based in Los Angeles (United States) founded in 2023 by Ali Oztan.. Procurable offers products and services including RFQ Management, Should-Cost Analysis, Cost Reduction Engine, Supplier Management, and Request to Procure Management. Procurable operates in a competitive market with competitors including BirchStreet Systems, Concertiv, Levelpath, Omnea and VendorPanel, among others.
- Headquarter Los Angeles, United States
- Founders Ali Oztan
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Procurable Llc
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Annual Revenue
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Net Profit
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Latest Funding Round
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Employee Count
Employee Count
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Products & Services of Procurable
Procurable offers a comprehensive portfolio of products and services, including RFQ Management, Should-Cost Analysis, Cost Reduction Engine, Supplier Management, and Request to Procure Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates creation, sending, and management of RFQs for quicker decisions.
Analyzes part costs using AI to aid in negotiations and savings.
Identifies cost opportunities from purchase data and market benchmarks.
Monitors supplier performance and manages contracts in real time.
Centralizes and streamlines purchasing requests and approvals.
Funding Insights of Procurable
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Procurable
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Procurable
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Procurable Comparisons
Competitors of Procurable
Procurable operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BirchStreet Systems, Concertiv, Levelpath, Omnea and VendorPanel, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based procure-to-pay solutions are delivered for business management.
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| domain | founded_year | HQ Location |
Web-enabled end-to-end procurement management solutions are provided.
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| domain | founded_year | HQ Location |
Software solutions for procurement and supply chain management are provided.
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| domain | founded_year | HQ Location |
Web-enabled solutions for procurement orchestration in supply chains are offered.
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| domain | founded_year | HQ Location |
SaaS-based source-to-contract platform is provided for governments, utilities, and corporates.
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| domain | founded_year | HQ Location |
Builds future-proof digital, and sustainable supply chain for industrial organizations
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Procurable
When was Procurable founded?
Procurable was founded in 2023.
Where is Procurable located?
Procurable is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
What does Procurable do?
Founded in 2023 in Los Angeles, United States, Procurable operates in the technology sector with a focus on procurement processes. AI and SaaS-enabled solutions are provided for supplier management, RFQ handling, request processing, and order management. These tools support end-to-end procurement operations for businesses seeking streamlined workflows in a digital environment.
Who are the top competitors of Procurable?
What products or services does Procurable offer?
Procurable offers RFQ Management, Should-Cost Analysis, Cost Reduction Engine, Supplier Management, and Request to Procure Management.