About ProcureX Technologies
ProcureX Technologies is a company based in India founded in 2024 by Bade Naidu, Narsi Reddy Posham, Thej Kiran, Bharath Kumar Reddy, and Aravind Maroju. ProcureX Technologies has raised $1 million across 1 funding round. The company has 1 employees as of December 13, 2024. ProcureX Technologies offers products and services including Work Schedule Management, Procurement Marketplace, Purchase Management, Inventory Management, and Construction Monitoring. ProcureX Technologies operates in a competitive market with competitors including Procore, Nemetschek Group, Hover, Viewpoint and PlanRadar, among others.
- Headquarter India
- Employees 1 as on 13 Dec, 2024
- Founders Bade Naidu, Narsi Reddy Posham, Thej Kiran, Bharath Kumar Reddy, Aravind Maroju
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Sectors
Real Estate & Construction
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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 Procurex Technologies Private Limited
- Date of Incorporation 09 May, 2024
- Jurisdiction Seri Lingampally, Telangana, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
Oct 11, 2024
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Investors
Not available
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Employee Count
1
as on Dec 13, 2024
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Products & Services of ProcureX Technologies
ProcureX Technologies offers a comprehensive portfolio of products and services, including Work Schedule Management, Procurement Marketplace, Purchase Management, Inventory Management, and Construction Monitoring.
Optimizes project timelines with real-time tracking and alerts.
Centralizes vendor quotes and contract management for efficiency.
Streamlines purchase orders and invoice tracking for cost control.
Tracks material usage with AI to prevent shortages and reduce waste.
Monitors costs and progress with real-time updates and risk alerts.
Funding Insights of ProcureX Technologies
ProcureX Technologies has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in October 2024. 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.
Investments & Acquisitions by ProcureX Technologies
Investment portfolio details for ProcureX Technologies
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Financial Statements - ProcureX Technologies
Detailed financials for ProcureX Technologies
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Procurex Technologies Comparisons
Peer comparison for ProcureX Technologies
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Competitors of ProcureX Technologies
ProcureX Technologies 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 Procore, Nemetschek Group, Hover, Viewpoint and PlanRadar, among others.
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SaaS project management software is provided for construction professionals.
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Provider of management solutions for the construction sector
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Hover is recognized for providing construction and renovation software solutions.
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SaaS-based project management solutions are delivered for construction.
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SaaS documentation management solutions for construction are provided.
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Collaboration and scheduling software is provided for home construction.
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Detailed competitors of ProcureX Technologies
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Latest news on Procurex Technologies
Complete news archive for ProcureX Technologies
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Frequently Asked Questions about ProcureX Technologies
ProcureX Technologies was founded in 2024.
ProcureX Technologies is headquartered in India.
Aravind Maroju is the current CEO of ProcureX Technologies. They have also founded this company.
ProcureX Technologies is a funded company, having raised a total of $1M across 1 funding round to date.
As of Dec 13, 2024, the latest employee count at ProcureX Technologies is 1.
ProcureX Technologies was founded in 2024 in India as an online platform for software solutions in the construction sector. Tools for resource planning, budgeting, documentation, and real-time collaboration are provided through the platform. It is utilized by contractors, engineers, and project managers to handle project tracking and management operations. The focus remains on streamlining construction workflows across various project stages.
ProcureX Technologies's top competitors include Procore, Hover and Nemetschek Group.
ProcureX Technologies offers Work Schedule Management, Procurement Marketplace, Purchase Management, Inventory Management, and Construction Monitoring.