When was ProcurePro founded?

ProcurePro was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is ProcurePro located?

ProcurePro is headquartered in Brisbane, Australia.

How many employees does ProcurePro have?

As of Aug 31, 2026, the latest employee count at ProcurePro is 114.

Is ProcurePro a funded company?

ProcurePro is a funded company, having raised a total of $19.8M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 04, 2021.

When was the latest funding round of ProcurePro?

ProcurePro's latest funding was a $***** Series B round on May 11, 2026, with participation from 4 investors.

Where does ProcurePro rank among its competitors?

ProcurePro ranks 5th amongst 93 active competitors, of which 32 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was ProcurePro, which secured $11M in May, 2026.

Who are the top competitors of ProcurePro?

ProcurePro's top competitors include Infra.Market, OfBusiness and Kojo. Among them, ProcurePro secured the most recent funding round in May, 2026.

ProcurePro - 2026 Company Profile, Funding & Competitors

ProcurePro is a series B company based in Brisbane (Australia), founded in 2019. It operates as a Procurement management software solutions for construction professionals. ProcurePro has raised $19.8M in funding from investors like QIC, AirTree and Saniel Ventures. The company has 93 active competitors, including 32 funded and 2 that have exited. Its top competitors include companies like Infra.Market, OfBusiness and Kojo.

Company Details

Procurement management software solutions for construction professionals. Features include project visibility management, centralized work libraries management, subcontractor comparisons, and approvals management, contract creation, esignature management, digital trade comparisons, and more.

Website: procurepro.co
Email ID: *****@procurepro.co

Key Metrics

Founded Year

2019

Location

Brisbane, Australia

Stage

Series B

Total Funding

$19.8M in 3 rounds

Latest Funding Round

Series B, May 11, 2026, $*****

Investors

QIC & 4 more

Ranked

5^th among 93 active competitors

Employee Count

114 as on Aug 31, 2026

Similar Companies

Infra.Market & 105 more

View ProcurePro's full profile

ProcurePro is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BLENKTECH PTY LTD CIN: 620650553 , Australia, Active	Jul 23, 2017	-	-

ProcurePro has raised a total funding of $19.8M over 3 rounds. Its first funding round was on Oct 04, 2021. Its latest funding round was a Series B round on May 11, 2026 for $*****. 4 investors participated in its latest round. ProcurePro has 5 institutional investors.

Here is the list of recent funding rounds of ProcurePro:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 11, 2026	9508161	Series B	2684109	9724560	8299333	7685612
Jan 29, 2024	6265774	Series A	3033778	8904748	3843928	9920697
Oct 04, 2021	8702158	Seed	7763028	7670836	9354116	3067242

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View details of ProcurePro's funding rounds and investors

ProcurePro's employee count trend

ProcurePro has 114 employees as of Aug 26. Here is ProcurePro's employee count trend over the years:

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Top competitors of ProcurePro include Infra.Market, OfBusiness and Kojo. Here is the list of Top 10 competitors of ProcurePro, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Infra.Market 2016, Thane (India), Series G	Manufacturer of building materials for construction and infrastructure project requirements	$804M	Tiger Global Management, Accel & 280 others	70/100
2nd	OfBusiness 2015, Gurugram (India), Series G	B2B commerce platform specializing in metals, chemicals, fashion, and food-processing	$776M	Alpha Wave Global, Tiger Global Management ... & 65 others	64/100
3rd	Kojo 2018, San Francisco (United States), Series C	Provider of materials procurement platform for the construction contractors	$85.6M	8VC, Tiger Global Management & 21 others	64/100
4th	ZippMat 2021, Bengaluru (India), Series A	One-stop shop for infrastructure and construction material supply	$14.4M	Zephyr Peacock, Shimshon Advisory & 43 others	58/100
5th	ProcurePro 2019, Brisbane (Australia), Series B	Procurement management software solutions for construction professionals	$19.8M	QIC, AirTree & 3 others	56/100
6th	Field Materials 2022, San Jose (United States), Series A	Developer of software for construction material procurement and inventory management	$19M	Navitas Capital, Blumberg Capital & 8 others	54/100
7th	Cosuno 2019, Berlin (Germany), Series B	Provider of SaaS-driven subcontractor management software for the construction industry	$45M	Avenir Growth Capital, Spark Capital & 14 others	51/100
8th	ProcureYard 2023, Gurugram (India), Seed	AI-powered material procurement management solutions for the construction sector	$1.93M	Powerhouse Ventures, The Indian Dream & 20 others	50/100
9th	Vendor Infra 2019, Gurugram (India), Seed	B2B platform for digital collaboration and supply chain community platform	$265K	AngelBay, Turnaround Ventures & 25 others	47/100
10th	wherEX 2016, Puerto Varas (Chile), Series A	Provider of an AI-powered cloud-based quoting and bidding software for the construction industry	$7M	Kayyak Ventures, Asenza Capital & 7 others	42/100