When was ProcureTech founded?

ProcureTech was founded in 2021.

Where is ProcureTech located?

ProcureTech is headquartered in London, United Kingdom.

How many employees does ProcureTech have?

As of Aug 31, 2026, the latest employee count at ProcureTech is 1.

Where does ProcureTech rank among its competitors?

ProcureTech ranks 352nd amongst 501 active competitors, of which 75 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Aerchain, which secured an undisclosed amount in Aug, 2026.

Who are the top competitors of ProcureTech?

ProcureTech's top competitors include Taulia, Omnea and Mynd Fintech. Among them, Aerchain secured the most recent funding round in August, 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 501 active competitors, including 75 funded and 43 that have exited. Its top competitors include companies like Taulia, Omnea and Mynd Fintech.

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

352^nd among 501 active competitors

Employee Count

1 as on Aug 31, 2026

Similar Companies

Omnea & 569 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.

ProcureTech's employee count trend

ProcureTech has 1 employees as of Aug 26. Here is ProcureTech's employee count trend over the years:

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Top competitors of ProcureTech include Taulia, Omnea and Mynd Fintech. 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 & 26 others	69/100
2nd	Omnea 2022, London (United Kingdom), Series B	Provider of web-enabled procurement orchestration solutions for the supply chain	$98.6M	Khosla Ventures, Accel & 16 others	65/100
3rd	Mynd Fintech 2002, Gurugram (India), Series A	Online marketplace for supply chain financing	$16.3M	SIDBI Venture Capital, Mayfield & 3 others	64/100
4th	Isometric Technologies 2014, San Francisco (United States), Series A	Provider of a SaaS-based collaborative performance management platform	$18M	Kindred Ventures, Blackhorn Ventures & 16 others	63/100
5th	PayEm 2019, San Francisco (United States), Series A	SaaS-based expense management solutions for corporate organisations	$47M	NFX, Pitango & 7 others	62/100
6th	Aerchain 2016, Bengaluru (India), Series A	AI and cloud-enabled end-to-end procurement management solutions	$17M	Telama Investments, IndiaMART & 10 others	61/100
7th	Arkestro 2017, San Francisco (United States), Series A	AI-powered procurement platform to optimize buying decisions for enterprises	$78M	Koch Disruptive Technologies, Cervin Ventures ... & 19 others	60/100
8th	CredAble 2017, Mumbai (India), Series B	Provider of working capital solutions and supply chain finance programs	$49.2M	Equentia Natural Resources, Axis Bank & 139 others	59/100
9th	Olea 2003, Singapore (Singapore), Series A	Provider of digital trade finance platform connecting businesses with investors	$30M	BBVA, SC Ventures & 2 others	59/100
10th	Procol 2018, New York (United States), Series A	Provider of AI procurement software for enterprise procurement management solutions	$11.2M	Blume Venture, GMO Venture Partners & 32 others	58/100
352nd	ProcureTech 2021, London (United Kingdom), Acquired	Offers digital procurement management solutions	-	-	19/100