About ProcureWise
ProcureWise is a Technology company based in Rochester (United States) founded in 2020. It operates as an AI-driven platforms for staffing, recruiting, and workforce management solutions. It operates on a B2B and SaaS model. The company has 244 employees. ProcureWise offers products and services including Applicant Tracking System, Vendor Management System, Workforce Management, and Ceipal AI. Its focus areas include HR Tech, Staffing Software, AI Recruitment and Healthcare. Its legal entity in India is Ceipal Solutions Private Limited (U72900TG2016PTC110160). Its competitors include Legion, WorkJam, Harri, Work Market and Eden Workplace and 5 more; 10 of its 10 listed competitors have raised funding.
Company details
Ceipal provides AI-powered tools like Applicant Tracking System, Vendor Management System, and workforce management to streamline recruitment processes for staffing organizations. It automates routine tasks, enabling professionals to focus on building relationships and making placements. Based in the US and India, Ceipal serves IT, general, and healthcare sectors, helping clients in talent acquisition and supplier management with intuitive software.
- Headquarters Rochester, United States
- Employees 244
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website procurewise.com
- Social LinkedIn YouTube
- Legal Name Ceipal Solutions Private Limited
- Date of Incorporation 08 Jun, 2016
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹12,678
FY 2024 · +18% YoY
- Net Loss-₹4 Lakh
FY 2024 · -3149% margin
- EBITDA-₹73,021
FY 2024 · -576% margin
- Employee Count244
Associated legal entities of ProcureWise
ProcureWise operates through Ceipal Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ceipal Solutions Private Limited CIN U72900TG2016PTC110160 | Active | 08 Jun 2016 | Hyderabad, Telangana | ₹0.0 Cr | 244 | 2 | View details |
Products & Services of ProcureWise
ProcureWise offers a comprehensive portfolio of products and services, including Applicant Tracking System, Vendor Management System, Workforce Management, and Ceipal AI.
AI-enhanced system for tracking and managing job applicants efficiently.
Platform for optimizing staffing vendor relationships and workflows.
Tools for intelligent employee oversight and operational automation.
AI for automating recruitment tasks and improving candidate matching.
Apps and channels of ProcureWise
its YouTube channel Ceipal has 38K subscribers and 30 videos.
Videos from ProcureWise
The most watched videos on ProcureWise's YouTube channel, Ceipal (38K subscribers). Click a video to play it here.
More on Ceipal.
Board of directors of Ceipal Solutions Private Limited (ProcureWise)
Ceipal Solutions Private Limited is the primary company behind ProcureWise. The board of Ceipal Solutions Private Limited currently have 2 directors; the longest-serving is Salamma Chillamakuru, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Salamma Chillamakuru DIN 03307001 | Director | 08 Jun 2016 | 10 yrs 4 mo | Ceipal Solutions Private Limited |
| Sairam Prasad Manuthur DIN 09415819 | Director | 26 Nov 2021 | 4 yrs 10 mo | Ceipal Solutions Private Limited |
Financials of ProcureWise
Figures of Ceipal Solutions Private Limited, the primary company behind ProcureWise, for FY 2024. Revenue was ₹12,678 (+18% year on year). Net loss was -₹4 Lakh (-3149% margin). EBITDA was -₹73,021 (-576% margin). Revenue has grown at a compounded annual rate of -96% over three years and -82% over five years.
- ₹12,678Revenue · FY 2024 · +18% YoY
- -₹4 LakhNet loss · -3149% margin
- -₹73,021EBITDA · -576% margin
- ₹1 LakhPaid-up capital
- 244Employees (provident fund records)
- -96%Revenue CAGR, 3 years
- -82%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ceipal Solutions Private Limited are on its company page.
Detailed financial statements for ProcureWise
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of ProcureWise
ProcureWise has 10 listed competitors in our database, 10 of them funded. They include Legion, WorkJam, Harri, Work Market and Eden Workplace, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| legion.co | 2016 | San Francisco, United States | $182.5M | 107 | Workforce management solutions are provided through intelligent automation technology. | |
| workjam.com | 2014 | Montreal, Canada | $167M | 248 | Hourly workforce schedules and communications are managed via software. | |
| harri.com | 2012 | New York, United States | $73M | 68 | Recruitment and workforce management are offered for hospitality. | |
| workmarket.com | 2010 | New York, United States | $66M | – | Freelance management, payments, and reporting are facilitated by AI software. | |
| edenworkplace.com | 2015 | San Francisco, United States | $41.61M | 31 | SaaS-based workplace management software for offices is delivered. | |
| zinghr.com | 2002 | Mumbai, India | $14.11M | 577 | Cloud-based HCM software is provided for enterprise HR processes. | |
| quinyx.com | 2005 | Stockholm, Sweden | $103.3M | – | Cloud-based workforce management software | |
| swipeclock.com | 1999 | South Jordan, United States | $1.75M | 75 | Workforce management tools for time tracking and scheduling are provided. | |
| workforcesoftware.com | 1999 | Livonia, United States | $188.35M | 7,349 | Provider of suite solutions for contingent workforce management | |
| yoobic.com | 2014 | New York, United States | $97.2M | 10 | Frontline employee experience platform for managing operational tasks |
Detailed competitors of ProcureWise
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Top companies in AI in Recruiting
10 companies that operate in the same segment as ProcureWise (AI in Recruiting), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provides global career pathways in accounting, business, healthcare, and technology. | 2011 | Mumbai, Maharashtra, India | – | USD 21.96 M | 303 | |
AI-powered platform for recruitment, assessments, training, and employee engagement. | 2017 | Gurugram, Haryana, India | – | USD 3.28 K | 35 | |
Operates an online job portal specializing in entry-level blue and grey collar positions. | 2015 | Gurugram, Haryana, India | USD 292.38 K | – | 12 | |
An online platform for career transition and job search is provided. | 1993 | Toyokawa, Aichi, Japan | – | – | – | |
A platform for passive candidate databases and job matching services. | – | Bengaluru, Karnataka, India | USD 302.58 K | – | – | |
Online platform for software testing job listings, resume posting, and employer hiring. | 2017 | Hyderabad, Telangana, India | – | – | – | |
Provides HR management software, attendance tracking, and recruitment tools for enterprises. | 2000 | Delhi, Delhi, India | – | USD 218.99 K | 70 | |
An AI-powered solution for automated hiring processes in HR. | 2023 | Mumbai, Maharashtra, India | – | USD 114.62 K | 1 | |
Job portal offering listings in engineering, logistics, and technical fields. | 2017 | Delhi, Delhi, India | – | USD 344.63 M | 5,922 | |
Offers recruitment services to connect organizations with qualified candidates. | – | Pune, Maharashtra, India | – | USD 21.42 M | 7,134 |
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Related news about Procurewise
Complete news archive for ProcureWise
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Frequently Asked Questions about ProcureWise
ProcureWise was founded in 2020.
ProcureWise is headquartered in Rochester, United States.
ProcureWise has 244 employees.
The primary company behind ProcureWise, Ceipal Solutions Private Limited, reported revenue of ₹12,678 for FY 2024, up 18% year on year.
Ceipal provides AI-powered tools like Applicant Tracking System, Vendor Management System, and workforce management to streamline recruitment processes for staffing organizations. It automates routine tasks, enabling professionals to focus on building relationships and making placements. Based in the US and India, Ceipal serves IT, general, and healthcare sectors, helping clients in talent acquisition and supplier management with intuitive software.
ProcureWise offers Applicant Tracking System, Vendor Management System, Workforce Management, and Ceipal AI.
ProcureWise operates through Ceipal Solutions Private Limited.
The legal entities of ProcureWise currently have 2 directors, including Salamma Chillamakuru, Sairam Prasad Manuthur.