iProcure - About the company
iProcure is a series B company based in Nairobi (Kenya), founded in 2013 by Nicole Galletta. It operates as a Provider of a data-driven agricultural supply chain platform. iProcure has raised $17.2M in funding from Investisseurs & Partenaires. The company has 229 active competitors, including 41 funded and 11 that have exited. Its top competitors include companies like Superplum, Helios and FoodLogiQ.
Company Details
Provider of a data-driven agricultural supply chain platform. The platform provides business intelligence and data-driven stock management solutions to optimize farm input distribution and reduce costs for farmers in Africa, utilizing technology to streamline agricultural inputs delivery to rural areas.
- Website
- iprocu.re
- Email ID
- *****@iprocu.re
- Phone Number
- +254 **********
Key Metrics
Founded Year
2013
Location
Nairobi, Kenya
Stage
Series B
Total Funding
$17.2M in 5 rounds
Latest Funding Round
Investors
Ranked
9th among 229 active competitors
Employee Count
119 as on Aug 31, 2026
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iProcure's funding and investors
iProcure has raised a total funding of $17.2M over 5 rounds. Its first funding round was on Jun 2017. Its latest funding round was a Conventional Debt round on Aug 18, 2022 for $*****. 4 investors participated in its latest round. iProcure has 7 institutional investors.
Here is the list of recent funding rounds of iProcure:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 18, 2022 | 6363061 | Conventional Debt | 2601389 | 2231907 | 9436031 | 9366858 |
Aug 18, 2022 | 8309034 | Series B | 2078848 | 6533416 | 2110511 | |
Mar 31, 2022 | 2608265 | Conventional Debt | 9218962 | 6252116 | 3999071 | 1816092 |
View details of iProcure's funding rounds and investors
iProcure's founders and board of directors
Founder? Claim ProfileThe founders of iProcure is Nicole Galletta. Paul Maira is the CEO of iProcure.
Here are the details of iProcure's key team members:
- Nicole Galletta: Co-Founder of iProcure and founder of 1 other company.
- Niraj Varia: CEO of iProcure.
- Paul Maira: CEO of iProcure.
View details of iProcure's Founder profiles and Board Members
iProcure's employee count trend
iProcure has 119 employees as of Aug 26. Here is iProcure's employee count trend over the years:
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iProcure's Competitors and alternates
Top competitors of iProcure include Superplum, Helios and FoodLogiQ. Here is the list of Top 10 competitors of iProcure, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Company provides fresh fruit through a temperature-controlled supply chain | $18.8M | - | 61/100 | |
2nd | Helios 2023, Tysons (United States), Series A | AI-based software solutions for managing agricultural supply chain | $4.7M | - | 55/100 |
3rd | FoodLogiQ 2006, Durham (United States), Series B | Platform offering food traceability, safety, and compliance solutions | $29.5M | 54/100 | |
4th | Zest Labs 2003, San Francisco (United States), Public | Cold chain monitoring solutions for transporting goods from harvest to store | $89.2M | 51/100 | |
5th | Manufacturer of spices dehydrates essential oils oleoresins and food seasonings | $4.6M | 51/100 | ||
6th | Agri-food supply chain solutions for trust, waste reduction, and sustainability | - | 51/100 | ||
7th | Provider of software for supply chain traceability and compliance reporting | $5.5M | 48/100 | ||
8th | Procurant 2015, Los Gatos (United States), Acquired | Provider of an AI platform for perishable goods procurement and safety | - | - | 48/100 |
9th | Provider of a data-driven agricultural supply chain platform | $17.2M | 48/100 | ||
10th | Bull Agritech 2021, Ahmedabad (India), Seed | Platform that connects farmers directly to agri‑commodity processors, managing end‑to‑end supply chain logistics | $234K | 48/100 |
Looking for more details on iProcure's competitors? Click here to see the top ones
iProcure's Investments and acquisitions
iProcure has made no investments or acquisitions yet.
Reports related to iProcure
Here is the latest report on iProcure's sector:
News related to iProcure
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iProcure re-acquires core technology to revive operations months after entering administrationTechpoint.Africa•Oct 15, 2024•iProcure
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iProcure, a Kenyan agritech startup, files for bankruptcy amid capital shortfallTechpoint.Africa•May 09, 2024•iProcure
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Kenyan agritech iProcure under administration over debt issues despite raising $17.2 millionTechpoint.Africa•May 03, 2024•iProcure, KPMG
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iProcure in Elaborate Plan to Accelerate its Expansion in Kenya & East AfricaKenyan Wall Street•Jun 23, 2023•iProcure
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iProcure secures $10.2million to expand across East AfricaInnovation-village•Aug 19, 2022•iProcure, Investisseurs & Partenaires, Novastar Ventures, Ceniarth and 1 other
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Kenyan agtech iProcure raises $10.2M to grow its input supply networkTechCrunch+•Aug 18, 2022•iProcure, Investisseurs & Partenaires, Novastar Ventures, Ceniarth and 2 others
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