When was Procurement Partners founded?

Procurement Partners was founded in 2010 and raised its 1st funding round 10 years after it was founded.

Where is Procurement Partners located?

Procurement Partners is headquartered in Brookfield, United States.

How many employees does Procurement Partners have?

As of Mar 31, 2026, the latest employee count at Procurement Partners is 160.

Is Procurement Partners a funded company?

Procurement Partners is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Dec 03, 2020.

When was the latest funding round of Procurement Partners?

Procurement Partners' latest funding was a $***** PE round on Dec 03, 2020, with participation from 1 investor.

Where does Procurement Partners rank among its competitors?

Procurement Partners ranks 81st amongst 474 active competitors, of which 70 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 Procurement Partners?

Procurement Partners' top competitors include Zaggle, Globality and Zycus. Among them, Zaggle secured the most recent funding round in December, 2025.

Procurement Partners - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of cloud-based procurement management solutions. It offers solutions for invoice management, vendor management, order management, budget management, API integration, vendor management, and more.

Website: procurementpartners.com
Social

Key Metrics

Founded Year

2010

Location

Brookfield, United States

Stage

Late Stage

Latest Funding Round

PE, Dec 03, 2020, $*****

Investors

Serent Capital & 1 more

Ranked

81^st among 474 active competitors

Employee Count

160 as on Mar 31, 2026

Similar Companies

Zaggle & 594 more

View Procurement Partners' full profile

Procurement Partners is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PROCUREMENT PARTNERS, LLC CIN: 272381979 , United States, Active	Dec 31, 1999	-	81 (As on Dec 31, 2024)	-

Procurement Partners has raised funding over 1 round. Its latest funding round was a PE round on Dec 03, 2020 for $*****. 1 investor participated in its latest round. Procurement Partners has 2 institutional investors.

Here is the list of recent funding rounds of Procurement Partners:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 03, 2020	6121530	PE	1403547	3673333	8129866	7988584

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View details of Procurement Partners's funding rounds and investors

The founders of Procurement Partners is Harold Richards. Harmeet Singh is the CEO of Procurement Partners.

Here are the details of Procurement Partners' key team members:

Harold Richards: Co-Founder of Procurement Partners and founder of 1 other company.

View details of Procurement Partners's Founder profiles and Board Members

Procurement Partners' employee count trend

Procurement Partners has 160 employees as of Mar 26. Here is Procurement Partners's employee count trend over the years:

Employee count trend for Procurement Partners

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Top competitors of Procurement Partners include Zaggle, Globality and Zycus. Here is the list of Top 10 competitors of Procurement Partners, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Zaggle 2011, Hyderabad (India), Public	Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows	$13.7M	Bengal Finance and Investment, Ventureast ... & 36 others	83/100
2nd	Globality 2015, Palo Alto (United States), Series E	Provider of AI-driven platform for sourcing and procurement process automation	$368M	SoftBank Vision Fund, Al Gore & 16 others	68/100
3rd	Zycus 2001, Princeton (United States), Unfunded	Provider of AI-powered source-to-pay procurement software solutions	-	-	66/100
4th	Omnea 2021, London (United Kingdom), Series B	Provider of web-enabled procurement orchestration solutions for the supply chain	$138M	Khosla Ventures, Insight Partners & 16 others	63/100
5th	Tropic 2020, New York City (United States), Series B	Provider of cloud-based procurement management solutions	$67.1M	Insight Partners, Founder Collective & 12 others	62/100
6th	Stotles 2019, London (United Kingdom), Series A	Cloud-based platform for procurement management	$21.6M	Headline, Speedinvest & 14 others	60/100
7th	Arkestro 2017, San Francisco (United States), Series A	AI-powered procurement platform to optimize buying decisions for enterprises	$78M	New Enterprise Associates, Aramco Ventures ... & 20 others	58/100
8th	Keelvar Tech 2012, Ireland, Series B	Provider of AI-native software for strategic sourcing and procurement processes	$43M	Act Venture Capital, Mosaic Ventures & 12 others	57/100
9th	Mercanis 2020, Berlin (Germany), Series A	Provider of an AI procurement platform with autonomous agent deployment	$29.9M	Speedinvest, Partech Partners & 19 others	57/100
10th	PayEm 2019, San Francisco (United States), Series A	SaaS-based expense management solutions for corporate organisations	$47M	NFX, Pitango & 6 others	56/100
81st	Procurement Partners 2010, Brookfield (United States), Late Stage	Provider of cloud-based procurement management solutions	-	Saratoga Investment, Serent Capital	39/100