About Procurified
Procurified is a company based in Dubai (United Arab Emirates) founded in 2019 by Rupert Tait. Procurified has raised $1.1 million across 1 funding round from investors including Empede Capital, Al Hathboor and Signal Peak. Procurified operates in a competitive market with competitors including 1build, Ediphi, Buildxact, Monstock and Estimating Edge, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Rupert Tait
-
Sectors
Real Estate & Construction
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$1.1 M (USD)
in 1 rounds
-
Latest Funding Round
$1.1 M (USD), Seed
Aug 04, 2022
-
Investors
Empede Capital
& 3 more
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Procurified
Procurified has successfully raised a total of $1.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.1 million completed in August 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 Procurified
Procurified has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Empede Capital, Al Hathboor and Signal Peak.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital investments are made in innovative technology sectors.
|
Locked | Locked | Locked | |
|
Early-stage investments in US tech and life sciences are targeted.
|
Locked | Locked | Locked | |
|
A diversified conglomerate, Al Hathboor is engaged in trading, manufacturing, and services across the Middle East.
|
Locked | Locked | Locked |
Investor details for Procurified
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Procurified
Investment portfolio details for Procurified
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Procurified
Detailed financials for Procurified
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Procurified Comparisons
Peer comparison for Procurified
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Procurified
Procurified 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 1build, Ediphi, Buildxact, Monstock and Estimating Edge, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
SaaS takeoff and estimation software is provided for construction professionals.
|
|
| Locked | Locked | Locked |
Cloud-based estimation platform for preconstruction is provided.
|
|
| Locked | Locked | Locked |
Cloud-based software is provided for construction estimation and job management.
|
|
| Locked | Locked | Locked |
Cloud-based inventory management solutions are offered to various sectors.
|
|
| Locked | Locked | Locked |
Provider of estimation and takeoff software for the construction industry
|
|
| Locked | Locked | Locked |
LiveCosts is focused on construction cost tracking software solutions.
|
Detailed competitors of Procurified
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Procurified
Complete news archive for Procurified
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Procurified
Procurified was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Procurified is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Procurified is a funded company, having raised a total of $1.1M across 1 funding round to date.
Founded in 2019 and based in Dubai, United Arab Emirates, Procurified operates in the construction sector as a SaaS platform. Connections between contractors, suppliers, and manufacturers are facilitated for business needs. Features such as commercial and technical comparisons, supplier exchanges, quoting, product searches, and live project requests are included. Operations focus on streamlining procurement and collaboration processes.
Procurified has 4 investors. Key investors include Empede Capital, Al Hathboor, Signal Peak, and Aditum.