BuyerQuest - About the company
BuyerQuest is an acquired company based in Cleveland (United States), founded in 2011. It operates as a Provider of procure-to-pay software. BuyerQuest has raised $15.4M in funding from Argentum Group. The company has 526 active competitors, including 83 funded and 46 that have exited. Its top competitors include companies like Taulia, Zip and PayEm.
Company Details
BuyerQuest is a provider of procure-to-pay software. Its features include the management of e-procurement, spending and indirect spend, procure-to-pay processes, suppliers, supplier ordering, invoice automation, catalogues, procurement of services and integration with ERP systems. It includes a B2B marketplace that networks suppliers and contracted vendors for procurement. Its clients include Disney.
- Website
- buyerquest.com
- Registered Address
- Berea, Ohio
Key Metrics
Founded Year
2011
Location
Cleveland, United States
Stage
Acquired
Total Funding
$15.4M in 5 rounds
Latest Funding Round
Investors
Ranked
44th among 526 active competitors
Employee Count
13 as on Aug 31, 2026
Exit Details
Acquired by The ODP (Feb 18, 2021)
Legal entities associated with BuyerQuest
BuyerQuest is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Buyerquest, Inc. CIN: 453632748 , United States, Active | Dec 31, 1999 | - | 28 (As on Dec 31, 2020) | - |
BuyerQuest's acquisition details
BuyerQuest got acquired by The ODP on Feb 18, 2021.
Click here to take a look at BuyerQuest's acquisition in detail
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BuyerQuest's funding and investors
BuyerQuest has raised a total funding of $15.4M over 5 rounds. Its first funding round was on Jan 01, 2012. BuyerQuest has 3 institutional investors.
Here is the list of recent funding rounds of BuyerQuest:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 16, 2017 | 9761969 | Series A | 7271170 | 2392821 | 8594266 | 1664506 |
Feb 01, 2017 | 3821498 | Conventional Debt | 4090332 | 9100640 | 7733593 | |
Sep 30, 2015 | 3450732 | Series A | 1869242 | 6858865 |
View details of BuyerQuest's funding rounds and investors
BuyerQuest's founders and board of directors
Founder? Claim ProfileBuyerQuest's employee count trend
BuyerQuest has 13 employees as of Aug 26. Here is BuyerQuest's employee count trend over the years:
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BuyerQuest's Competitors and alternates
Top competitors of BuyerQuest include Taulia, Zip and PayEm. Here is the list of Top 10 competitors of BuyerQuest, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Taulia 2009, San Francisco (United States), Acquired | AI-based electronic invoicing and supply chain management solution for businesses | $220M | 73/100 | |
2nd | Zip 2020, San Francisco (United States), Series D | Provider of a platform for procurement orchestration, intake, and spend management | $358M | 65/100 | |
3rd | PayEm 2019, San Francisco (United States), Series A | SaaS-based expense management solutions for corporate organisations | $47M | 64/100 | |
4th | Omnea 2021, London (United Kingdom), Series B | Provider of web-enabled procurement orchestration solutions for the supply chain | $138M | 63/100 | |
5th | AI and cloud-enabled end-to-end procurement management solutions | $17M | 61/100 | ||
6th | Provider of working capital solutions and supply chain finance programs | $49.2M | 59/100 | ||
7th | Mynd Fintech 2002, Gurugram (India), Series A | Online marketplace for supply chain financing | $16.3M | 59/100 | |
8th | Stampli 2014, Mountain View (United States), Series D | Provider of software for procure to pay and finance automation | $148M | 58/100 | |
9th | Procol 2018, New York (United States), Series A | Provider of AI procurement software for enterprise procurement management solutions | $11.2M | 58/100 | |
10th | Arkestro 2017, San Francisco (United States), Series A | AI-powered procurement platform to optimize buying decisions for enterprises | $78M | 58/100 | |
44th | BuyerQuest 2011, Cleveland (United States), Acquired | Provider of procure-to-pay software | $15.4M | 44/100 |
Looking for more details on BuyerQuest's competitors? Click here to see the top ones
BuyerQuest's Investments and acquisitions
BuyerQuest has made no investments or acquisitions yet.
Reports related to BuyerQuest
Here is the latest report on BuyerQuest's sector:
News related to BuyerQuest
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Office Depot Parent Buys BuyerQuest To Bolster B2B StrategyPYMNTS.com•Feb 22, 2021•Office Depot, BuyerQuest
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BuyerQuest Recognized as a Key Solution Provider by Ardent PartnersGlobeNewswire•Jul 28, 2020•BuyerQuest
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Cloudia Brings Next-generation Procure-to-Pay Solution to Middle East and AfricaBusiness Wire•Feb 03, 2020•Cloudia, BuyerQuest
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ConnXus and BuyerQuest to Unify Procure-To-Pay and Supplier Management SolutionsPR Newswire•May 17, 2017•ConnXus, BuyerQuest
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BuyerQuest raises $4 million in venture debt from Bridge BankCrain Communications•Feb 10, 2017•BuyerQuest
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