When was Proactis founded?

Proactis was founded in 1996 and raised its 1st funding round 16 years after it was founded.

Where is Proactis located?

Proactis is headquartered in Wetherby, United Kingdom. It is registered at AB1 48 Huntly Street, AB10 1SH ABERDEEN.

Who is the current CEO of Proactis?

Rod Jones and Tim Sykes s of Proactis.

How many employees does Proactis have?

As of Aug 31, 2026, the latest employee count at Proactis is 326.

Is Proactis a funded company?

Proactis is a funded company, having raised an undisclosed amount across 5 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Oct 01, 2012.

How much is Proactis worth?

The last known valuation of Proactis was $***** as of May 04, 2021.

When was the latest funding round of Proactis?

Proactis' latest funding was a $***** Conventional Debt round on Feb 28, 2019, with participation from 1 investor.

What is the annual revenue of Proactis?

Annual revenue of Proactis is between £1M and £10M as on Jan 31, 2024

Where does Proactis rank among its competitors?

Proactis ranks 19th amongst 874 active competitors, of which 129 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Zaggle, which secured $1.65M in Dec, 2025.

Who are the top competitors of Proactis?

Proactis' top competitors include Coupa, Zaggle and Concur. Among them, Zaggle secured the most recent funding round in December, 2025.

Proactis - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is Proactis an acquired company?

Proactis got acquired by Cafe Bidco on May 04, 2021.

Company Details

Provider of cloud-based spend management and e-procurement software. It is a provider of Source-to-Pay software solutions, helping organizations to optimize their spend and supply chain management. The company's platform enables customers to streamline procurement, manage compliance, and costs. Its features include the management of sourcing, suppliers, contracts, purchase-to-pay processes, accounts payable automation and tail spend management. It facilitates collaboration and electronic transactions with suppliers across source-to-pay processes. It caters to multiple verticals like financing, housing authorities, public sector, education, pharmaceuticals, and healthcare and manufacturing.

Website: proactis.com
Social
Part Of
Registered Address: AB1 48 Huntly Street, AB10 1SH ABERDEEN

Key Metrics

Founded Year

1996

Location

Wetherby, United Kingdom

Stage

Acquired

Latest Funding Round

Conventional Debt, Feb 28, 2019, $*****

Last Known Valuation

$***** as on May 04, 2021

Investors

Eiffel Investment Group & 3 more

Ranked

19^th among 874 active competitors

Annual Revenue

£1M - £10M as on Jan 31, 2024

Employee Count

326 as on Aug 31, 2026

Investment & Acquisitions

Esize & 5 more

Similar Companies

Coupa & 577 more

Exit Details

Acquired by Cafe Bidco (May 04, 2021)

View Proactis' full profile

Proactis is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
PROACTIS TENDERS LIMITED CIN: 988407682 , Norway, Active	Mar 19, 1989	-	-
PROACTIS HOLDINGS LIMITED CIN: 5752247 , Germany, Active	Mar 21, 2006	£1M - £10M (As on Jan 31, 2024)	528 (As on Jul 31, 2021)
PERFECT COMMERCE HOLDINGS, LLC CIN: 260557687 , United States, Active	Dec 31, 1999	-	14 (As on Dec 31, 2024)	-

Proactis got acquired by Cafe Bidco on May 04, 2021 at an acquisition amount of $*****.

Click here to take a look at Proactis's acquisition in detail

Proactis has raised funding over 5 rounds. Its first funding round was on Oct 01, 2012. Its latest funding round was a Conventional Debt round on Feb 28, 2019 for $*****. 1 investor participated in its latest round. Proactis has 4 institutional investors.

Here is the list of recent funding rounds of Proactis:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 28, 2019	4603348	Conventional Debt	7120297	9572571	8257400	6291390
Nov 2016	7730660	Post IPO	6442280	7878087	5583868	3863825
Sep 01, 2016	6856792	Grant (prize money)	8469916	7944038	7932177	Europa

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Proactis' employee count trend

Proactis has 326 employees as of Aug 26. Here is Proactis's employee count trend over the years:

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Top competitors of Proactis include Coupa, Zaggle and Concur. Here is the list of Top 10 competitors of Proactis, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Coupa 2006, San Mateo (United States), Acquired	Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend	$169M	Meritech, T. Rowe Price & 18 others	86/100
2nd	Zaggle 2011, Mumbai (India), Public	Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows	$13.7M	Mavericks, Bengal Finance and Investment ... & 33 others	80/100
3rd	Concur 1988, Bellevue (United States), Acquired	Provider of travel, expense, and invoice management solutions for businesses	-	Redpoint Ventures, RRE Ventures & 8 others	75/100
4th	Tipalti 2010, Foster City (United States), Series F	Cloud-based procurement and invoice management solutions for businesses	$553M	Zeev Ventures, Durable Capital Partners & 24 others	73/100
5th	Procurify 2012, Vancouver (Canada), Series C	Developer of procurement software for managing organizational spend and workflows	$82.5M	Information Venture Partners, Nexus Venture Partners ... & 22 others	73/100
6th	Airbase 2017, San Francisco (United States), Acquired	Provider of a platform integrating human resources, finance, and information technology	$91M	First Round Capital, Menlo Ventures & 22 others	72/100
7th	GEP 1999, Clark (United States), Unfunded	Cloud-based procurement-to-pay solutions	-	-	69/100
8th	Vertice 2021, London (United Kingdom), Series C	AI-powered platform for modern finance and procurement teams	$101M	83NORTH, Bessemer Venture Partners & 10 others	68/100
9th	Bizongo 2015, Mumbai (India), Series E	Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions	$307M	Schroders Capital, AddVentures & 30 others	68/100
10th	Zylo 2015, Indianapolis (United States), Series C	Platform offering SaaS applications management solutions	$72.5M	High Alpha, MassMutual Ventures & 16 others	68/100
19th	Proactis 1996, Wetherby (United Kingdom), Acquired	Provider of cloud-based spend management and e-procurement software	-	Eiffel Investment Group, HSBC & 2 others	62/100

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Proactis has not made any investments yet. Proactis has made 6 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 07, 2018	Acquisition	Esize	1999	Weesp (Netherlands)
Jul 07, 2017	Acquisition	Perfect Commerce	1994	Newport News (United States)
Feb 03, 2016	Acquisition	Due North	2002	Cramlington (United Kingdom)