About ProcurePack
ProcurePack is a company based in Gurugram (India) founded in 2012 was acquired by Xeeva in January 2016. ProcurePack operates in a competitive market with competitors including Coupa, Airbase, Bizongo, Procurify and Ivalua, among others.
- Headquarter Gurugram, India
- SectorsTechnology
- Website procurepack.com
- Social LinkedIn
- Acquired by Xeeva (Jan 2016)
Investors in ProcurePack
ProcurePack has secured backing from 1 investor. Prominent investors backing the company include Xeeva.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based procurement software solutions are provided for business operations. | 2014 | xeeva.com | Southfield, United States |
Investor details for ProcurePack
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Timeline of ProcurePack
2 dated milestones of ProcurePack across 4 years, from founding to its latest funding, stage changes and deals.
- Founded ProcurePack is founded.
- Exit Acquired by Xeeva.
Competitors of ProcurePack
ProcurePack 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 Coupa, Airbase, Bizongo, Procurify and Ivalua, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coupa.com | 2006 | San Mateo, United States | $169M | 643 | Cloud-based end-to-end spend management software is delivered for businesses. | |
| airbase.com | 2017 | San Francisco, United States | $90.5M | 77 | Procure-to-pay management software is offered for business operations. | |
| bizongo.com | 2015 | Mumbai, India | $257.08M | 94 | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | |
| procurify.com | 2012 | Vancouver, Canada | $82.49M | – | SaaS spend management software is used to automate procure-to-pay operations. | |
| ivalua.com | 2000 | Redwood, United States | $134.45M | 236 | Procurement management solutions are delivered for business operations. | |
| logicsource.com | 2009 | Norwalk, United States | $205.68M | 196 | Cloud-based sourcing and procurement solutions are provided for multiple industries. | |
| tradeshift.com | 2010 | San Francisco, United States | $1.24B | – | Cloud-based source-to-pay management solutions are provided for businesses. | |
| cashflo.io | 2019 | Mumbai, India | $12.77M | 54 | Provider of accounts payable automation, payment, compliance, and vendor management software | |
| esker.com | 1985 | Middleton, United States | – | 223 | AI and cloud-enabled source-to-pay automation solutions are provided for businesses. | |
| tropicapp.io | 2020 | New York, United States | $67.1M | – | Cloud-based procurement management solutions are offered for multiple industries. |
Detailed competitors of ProcurePack
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Similar companies to ProcurePack
10 companies that operate in the same segment as ProcurePack (Procurement & Supply Chain IT), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based end-to-end spend management software is delivered for businesses. | 2006 | San Mateo, California, United States | USD 169 M | USD 39.68 M | 648 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | – | USD 3.59 B | 12,100 | |
Zebra Technologies is recognized for providing intelligent operation solutions globally. | 1969 | Lincolnshire, Illinois, United States | – | USD 5.43 B | 9,900 | |
AI and cloud-based supply chain management solutions are provided. | 1985 | Scottsdale, Arizona, United States | USD 800 M | – | – | |
AI and SaaS-based robots for warehouse automation are provided. | 2012 | Roswell, United States | USD 545.23 M | USD 39.76 M | 553 | |
Provider of supply chain financing solutions for small and medium enterprises | 2017 | Mumbai, Maharashtra, India | USD 269.95 M | USD 48.5 M | 1,506 | |
AI-based electronic invoicing and supply chain management solution for businesses | 2009 | San Francisco, California, United States | USD 220.46 M | – | 185 | |
Contract lifecycle management software is developed using AI-powered intelligence. | 2016 | San Carlos, California, United States | USD 154.69 M | – | – | |
AI-powered software for legal contract management is utilized. | 2012 | Lehi, Utah, United States | USD 170.95 M | – | – | |
Procure-to-pay management software is offered for business operations. | 2017 | San Francisco, California, United States | USD 90.5 M | – | – |
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Frequently Asked Questions about ProcurePack
ProcurePack was founded in 2012.
ProcurePack is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
ProcurePack was founded in 2012 in Gurugram, India, within the e-procurement sector. A cloud-based platform is operated to assist small and medium-sized businesses in handling supplier databases, creating and tracking RFPs, maintaining audit trails, and documenting supplier interactions. Live reverse and forward auctions are facilitated through the system, supporting procurement operations for startups and SMBs.
ProcurePack has 1 investor. Key investors include Xeeva.
Yes. ProcurePack was acquired by Xeeva in January 2016.