About Procuri
Procuri is a company based in Atlanta (United States) founded in 2000 was acquired by SAP Ariba in September 2007. Procuri has raised $10 million across 1 funding round from investors including SAP Ariba and Insight Partners. Procuri has completed 1 acquisition, including Contract Management Solutions. Procuri operates in a competitive market with competitors including Tipalti, Sage Group, Coupa, MineralTree and Airbase, among others.
- Headquarter Atlanta, United States
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Sectors
Technology
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Funding Insights of Procuri
Procuri has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in June 2003. 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 Procuri
Procuri has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include SAP Ariba and Insight Partners.
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Investment firm scaling software and technology companies from early to late stages.
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E-procurement, invoicing, and B2B collaboration software is offered for businesses.
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Investor details for Procuri
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Investments & Acquisitions by Procuri
Procuri has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Contract Management Solutions.
Investment portfolio details for Procuri
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Scalable contract management solutions are provided to Global 1000 companies.
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Complete acquisition details for Procuri
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Financial Statements - Procuri
Detailed financials for Procuri
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Procuri Comparisons
Peer comparison for Procuri
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Competitors of Procuri
Procuri 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 Tipalti, Sage Group, Coupa, MineralTree and Airbase, among others.
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Cloud-based procurement and invoice management solutions are offered to businesses.
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Cloud-based accounting and payroll solutions for small and medium businesses
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Cloud-based end-to-end spend management software is delivered for businesses.
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Cloud-based accounts payable automation is delivered for businesses.
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Procure-to-pay management software is offered for business operations.
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Corporate cards and expense management are offered to businesses.
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Detailed competitors of Procuri
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Latest news on Procuri
Complete news archive for Procuri
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Frequently Asked Questions about Procuri
Procuri was founded in 2000 and raised its 1st funding round 3 years after it was founded.
Procuri is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Procuri is a funded company, having raised a total of $10M across 1 funding round to date.
Procuri was founded in 2000 and is headquartered in Atlanta, United States. Cloud-based platforms for spend analysis and supply chain management are offered, encompassing strategic sourcing, contract management, supplier management, and financial analysis tools. Business management solutions are also included to support operational efficiency in procurement processes. Services target enterprises seeking data-driven insights across global operations.
Procuri's top competitors include Coupa, Sage Group and Airbase.
Procuri has made 1 acquisition, including Contract Management Solutions.
Procuri has 2 investors. Key investors include SAP Ariba, and Insight Partners.