About Procureasy
Procureasy is a company based in Delhi (India) founded in 2019. Procureasy has raised $873.54 thousand across 2 funding rounds from investors including Angel List, Anicut Capital and Info Edge Ventures. The company has 31 employees as of April 08, 2024. Procureasy operates in a competitive market with competitors including BirchStreet Systems, Concertiv, Omnea, VendorPanel and Tacto, among others.
- Headquarter Delhi, India
- Employees 31 as on 08 Apr, 2024
- Stage Minicorn
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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 Superv Technologies Private Ltd
- Date of Incorporation 25 Apr, 2019
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$61.56 K (USD)0as on Mar 31, 2021
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Net Profit
$3.09 K (USD)897.45as on Mar 31, 2021
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EBITDA
$7.67 K (USD)0as on Mar 31, 2021
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Total Equity Funding
$873.54 K (USD)
in 2 rounds
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Latest Funding Round
$849.53 K (USD), Seed
Oct 29, 2022
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Investors
Angel List
& 9 more
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Employee Count
31
as on Apr 08, 2024
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Funding Insights of Procureasy
Procureasy has successfully raised a total of $873.54K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $849.53 thousand completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Procureasy
Procureasy has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Anicut Capital and Info Edge Ventures.
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Venture capital firm backed by Info Edge and Temasek
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Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India.
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Alternative investment platform for startups and investors is operated.
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Investor details for Procureasy
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Investments & Acquisitions by Procureasy
Investment portfolio details for Procureasy
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Financial Statements - Procureasy
Detailed financials for Procureasy
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Procureasy Comparisons
Peer comparison for Procureasy
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Competitors of Procureasy
Procureasy 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, Omnea, VendorPanel and Tacto, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based procure-to-pay solutions are delivered for business management.
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Web-enabled end-to-end procurement management solutions are provided.
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Web-enabled solutions for procurement orchestration in supply chains are offered.
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SaaS-based source-to-contract platform is provided for governments, utilities, and corporates.
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Builds future-proof digital, and sustainable supply chain for industrial organizations
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Procure-to-pay software is provided for e-procurement and spend management.
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Detailed competitors of Procureasy
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Latest news on Procureasy
Complete news archive for Procureasy
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Frequently Asked Questions about Procureasy
Procureasy was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Procureasy is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Procureasy is a funded company, having raised a total of $873.54K across 2 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Procureasy is 31.
Annual revenue of Procureasy is $61.56K as on Mar 31, 2021.
Founded in 2019 and based in Delhi, India, a procurement management platform is provided in the business software sector. Operations include user account creation, catalogue uploads with fixed prices, item selection for orders, online payments, and spend tracking. Features such as approval workflows, budget oversight, three-way matching, and analytics are incorporated. Procurement of supplies like stationery, IT equipment, and housekeeping items is facilitated through this system.
Procureasy has 10 investors. Key investors include Angel List, Anicut Capital, Info Edge Ventures, Dhruv Toshniwal, and Samriddh Kothari.
The valuation of Procureasy is $3.26M as of Oct 2022.