Procurated, Inc.
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Procurated, Inc. - overview
Established
2019
Location
Washington, DC, US
Primary Industry
Internet
About
Based in Washington DC, US, and founded in 2019, Procurated, Inc. is a platform designed by procurement professionals for public sector organizations to incorporate peer reviews in their supplier selection process. In November 2021, Procurated, Inc. raised USD 10 million in series A funding led by new investor Greycroft Partners, with participation from other new investors TDF Ventures and Tribeca Venture Partners.
The platform enables procurement professionals to view and write reviews for their peers in their networks. The platform allows procurement professionals to write a review and help their colleagues across state and across the country to improve the quality of the suppliers they choose. Procurated's user interface allows users to write reviews in minutes and read multiple reviews about a supplier on their desktop or mobile device. Procurement managers can use its vendor performance management module to instantly compare the performance of suppliers on a contract and to identify areas for improvement.
Procurated plans to use the funding for marketing initiatives and increase brand awareness.
Current Investors
Limerick Hill, MayFive Holdings, Greycroft
Primary Industry
Internet
Sub Industries
Internet
Website
www.procurated.com
Company Stage
Series A
Total Amount Raised
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