When was ProcureTech founded?

ProcureTech was founded in 2021.

Where is ProcureTech located?

ProcureTech is headquartered in London, United Kingdom.

Is ProcureTech a funded company?

ProcureTech is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does ProcureTech rank among its competitors?

ProcureTech ranks 344th amongst 493 active competitors, of which 79 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Aerchain, which secured $13M in Mar, 2026.

Who are the top competitors of ProcureTech?

ProcureTech's top competitors include Taulia, Zip and Vayana. Among them, Aerchain secured the most recent funding round in March, 2026.

ProcureTech - 2026 Company Profile & Competitors

ProcureTech is an acquired company based in London (United Kingdom), founded in 2021. It operates as an Offers digital procurement management solutions. The company has 493 active competitors, including 79 funded and 46 that have exited. Its top competitors include companies like Taulia, Zip and Vayana.

Company Details

Offers digital procurement management solutions. It is a digital procurement solutions provider that offers a platform of digital procurement solutions, intelligence, approaches, and experts. It provides a platform for digital procurement stratergies.

Website: procuretech.ai
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Key Metrics

Founded Year

2021

Location

London, United Kingdom

Stage

Acquired

Ranked

344^th among 493 active competitors

Similar Companies

Omnea & 576 more

Exit Details

Acquired by Oro Labs (Mar 18, 2025)

View ProcureTech's full profile

ProcureTech got acquired by Oro Labs on Mar 18, 2025.

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

ProcureTech has not raised any funding rounds yet.

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Top competitors of ProcureTech include Taulia, Zip and Vayana. Here is the list of Top 10 competitors of ProcureTech, ranked by Tracxn score:

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	Trinity Ventures, Zouk Capital & 25 others	73/100
2nd	Zip 2020, San Francisco (United States), Series D	Provider of a platform for procurement orchestration, intake, and spend management	$358M	Y Combinator, Bond Capital & 10 others	65/100
3rd	Vayana 2009, Pune (India), Series D	Provider of a platform facilitating trade credit and supply chain finance	$91.9M	Jungle Ventures, Trifecta Capital & 27 others	64/100
4th	Omnea 2021, London (United Kingdom), Series B	Provider of web-enabled procurement orchestration solutions for the supply chain	$138M	Insight Partners, Accel & 16 others	63/100
5th	Aerchain 2016, Bengaluru (India), Series A	AI and cloud-enabled end-to-end procurement management solutions	$17M	Telama Investments, IndiaMART & 9 others	63/100
6th	PrimeRevenue 2003, Atlanta (United States), Series C	Provider of supply chain finance solutions optimizing cash flow for buyers and suppliers	$104M	Battery Ventures, RRE Ventures & 2 others	62/100
7th	Stotles 2019, London (United Kingdom), Series A	Cloud-based platform for procurement management	$21.6M	Speedinvest, Headline & 14 others	60/100
8th	CredAble 2017, Mumbai (India), Series B	Provider of working capital solutions and supply chain finance programs	$62M	OAKS, Axis Bank & 115 others	60/100
9th	KredX 2015, Bengaluru (India), Series B	Provider of supply chain finance and automation solutions for enterprises	$33M	Tiger Global Management, Peak XV Partners ... & 1 others	59/100
10th	Procol 2018, New York City (United States), Series A	Provider of AI procurement software for enterprise procurement management solutions	$11.2M	GMO Venture Partners, Blume Venture & 31 others	59/100
344th	ProcureTech 2021, London (United Kingdom), Acquired	Offers digital procurement management solutions	-	-	21/100