Procursys

Boston, United States Founded: 2019 • Age: 7 yrs
SaaS procurement management is delivered for commercial spaces.

About Procursys

Procursys is a Business Services company based in Boston (United States) founded in 2019. It operates as a saaS procurement management is delivered for commercial spaces. Procursys has raised $3.28 million across 1 funding round. The company has 7 employees. Procursys offers products and services including Procursys Platform and Network Access. Its focus areas include Real Estate and Construction Tech, Facility Management Tech, Office Management and Procurement Management. Its legal entity is PROCURSYS INC. Its competitors include Rheaply, OfficePulse, KobZo, VARStreet and Beestate and 2 more; 3 of its 7 listed competitors have raised funding.

Company details

Procursys was founded in 2019 in Boston, United States, within the SaaS sector focused on procurement for commercial spaces. Operations encompass RFP response management, bundle locations oversight, contract types handling, bid qualifying and ranking, document storage and management, sourcing, vetting processes, bid negotiations, cost assumption reviews, buyouts coordination, on-demand emergency procurement, and document qualification. Services are tailored to streamline procurement workflows across various commercial environments.

  • Headquarters Boston, United States
  • Employees 7
  • Sectors
    Business Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website procursys.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Procursys Inc
Key Metrics
  • Total Equity Funding
    $3.28M (USD)

    in 1 rounds

  • Latest Funding Round
    $3.28M (USD), Series A

    Nov 2022

  • Employee Count
    7

Products & Services of Procursys

Procursys offers a comprehensive portfolio of products and services, including Procursys Platform and Network Access.

Procursys Platform
Procurement Software

Cloud-based tool for sourcing and contracting service providers in facility management.

Network Access
B2B Marketplace

System for connecting facility managers with qualified service providers nationwide.

Funding Insights of Procursys

Procursys has successfully raised a total of $3.28M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.28 million completed in November 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.

  • Total Funding $3.28M
  • Total Rounds 1
  • Last Round Series A β€” $3.28M
  • First Round $3.28M

    (Nov 2022)

All 1 funding rounds of Procursys with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2022$3.28MSeries A––
–

People of Procursys

12 people are tracked at Procursys (4 in leadership, 5 in board & advisors, 3 in team); the tracked headcount is 7.

NameRoleGroup
Igor Belagorudsky
CTOLeadership
Rob Roby
Director, Service Provider NetworkLeadership
Tom Angelone
Founder & CEOLeadership
Brandon Bowers
Director Of MarketingLeadership
Paul Bergantino
AdvisorBoard & advisors
Bill Kavanagh
AdvisorBoard & advisors
Tom Crotty
AdvisorBoard & advisors
Joe Alsop
AdvisorBoard & advisors
Jerry Durkin
AdvisorBoard & advisors
Dmytro Koval
Lead Software ArchitectTeam
Justin Klaassen
Customer Success And Accounts PayableTeam
Jordy Martin
Manager of Service Provider NetworkTeam
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Complete people profiles for Procursys

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
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Verified entity values are shown only after access is granted.

Timeline of Procursys

2 dated milestones of Procursys across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Procursys is founded.
  2. Funding First funding round of $3.3M.

Competitors of Procursys

Procursys has 7 listed competitors in our database, 3 of them funded. They include Rheaply, OfficePulse, KobZo, VARStreet and Beestate, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
rheaply.com2016Chicago, United States$36.49M58
SaaS platform for procurement and inventory management is provided.
officepulse.in2017Bengaluru, India$500,0005
Procurement management software for offices is provided electronically.
kobzo.com2012Chennai, India$2.08M49
Provider of work space transformation services
varstreetinc.com1999Boston, United States––
Business management platform for IT resellers, suppliers, and eCommerce solutions.
beestate.io2019Bamberg, Germany––
Digital platform for real estate portfolio management and facility services procurement.
aasaandesk.com2016Mumbai, India––
Provides a SaaS platform for efficient office supplies ordering.
directbusinesssystems.co.uk1991Gateshead, United Kingdom–5
Provider of procurement management solutions for office supplies
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Detailed competitors of Procursys

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Facility Management Platforms

10 companies that operate in the same segment as Procursys (Facility Management Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based software is provided for managing outdoor events and activities.
1999Dallas, Texas, United StatesUSD 313.84 M–2,458
Provider of smart thermostats for commercial and residential applications
2007Toronto, Ontario, CanadaUSD 151.52 M––
Envoy is recognized for providing workplace management solutions.
2013San Francisco, California, United StatesUSD 170.5 M––
IoT connectivity platform from prototype to production is developed.
2011San Francisco, California, United StatesUSD 134.87 M–109
Cloud-based video intercoms and physical security systems are provided.
2000Tysons, Virginia, United StatesUSD 137.36 MUSD 1.01 B2,009
Provider of interior design, product supply, and project management services for facilities
2011Mumbai, Maharashtra, IndiaUSD 21.3 MUSD 10.46 M292
End-to-end energy management solutions are provided for utilities worldwide.
1896Zug, Zug, SwitzerlandUSD 1.03 BUSD 1.17 B6,300
Corporate workplace and cafeteria digitization solutions are provided.
2014Bengaluru, Karnataka, IndiaUSD 2.24 MUSD 24.03 M594
Cloud and app-based facility management and service automation platform
1999New York, New York, United StatesUSD 56 M––
SaaS-based CAFM software is delivered for commercial facility management.
1995Leicester, England, United KingdomUSD 23.43 MUSD 98.38 M774
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Frequently Asked Questions about Procursys

Procursys was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Procursys is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Procursys is a funded company, having raised a total of $3.28M across 1 funding round to date. The company's 1st funding round was a Series A of $3.28M, raised on Nov 2022.

Procursys has 7 employees.

Procursys was founded in 2019 in Boston, United States, within the SaaS sector focused on procurement for commercial spaces. Operations encompass RFP response management, bundle locations oversight, contract types handling, bid qualifying and ranking, document storage and management, sourcing, vetting processes, bid negotiations, cost assumption reviews, buyouts coordination, on-demand emergency procurement, and document qualification. Services are tailored to streamline procurement workflows across various commercial environments.

Procursys's top competitors include Rheaply, KobZo and OfficePulse.

Procursys offers Procursys Platform and Network Access.

Procursys operates through Procursys Inc.

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