When was Procurian founded?

Procurian was founded in 1996 and raised its 1st funding round 4 years after it was founded.

Where is Procurian located?

Procurian is headquartered in King Of Prussia, United States.

How many employees does Procurian have?

As of Mar 31, 2026, the latest employee count at Procurian is 674698.

Is Procurian a funded company?

Procurian is a funded company, having raised a total of $***** in its 1st and only funding round, a Angel round on Jul 31, 2000.

When was the latest funding round of Procurian?

Procurian's latest funding was a $***** Angel round on Jul 31, 2000, with participation from 3 investors.

Where does Procurian rank among its competitors?

Procurian ranks 36th amongst 200 active competitors, of which 40 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Bizongo, which secured $4.5M in Mar, 2025.

Who are the top competitors of Procurian?

Procurian's top competitors include Coupa, Bizongo and Airbase. Among them, Bizongo secured the most recent funding round in March, 2025.

Procurian - 2026 Company Profile, Funding & Competitors

Q: Is Procurian an acquired company?

Procurian got acquired by Accenture on Oct 03, 2013.

Company Details

Procurian (formerly ICG Commerce) specialises in providing procurement services (including BPO, market intelligence, etc). It offers source-to-pay procurement solutions for various functional business needs, such as category strategy and planning, sourcing, implementation, contracting and contract management, P2P management, and supplier relationship management. The company also provides procurement outsourcing solutions. It serves clients in various industries, such as consumer products, manufacturing, high tech, pharmaceuticals, and service firms.

Website: procurian.com
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Key Metrics

Founded Year

1996

Location

King Of Prussia, United States

Stage

Acquired

Total Funding

$117M in 1 round

Latest Funding Round

Angel, Jul 31, 2000, $*****

Investors

Cross Atlantic Capital Partners & 2 more

Ranked

36^th among 200 active competitors

Employee Count

674,698 as on Mar 31, 2026

Investment & Acquisitions

Utilities Analyses & 1 more

Similar Companies

Coupa & 251 more

Exit Details

Acquired by Accenture (Oct 03, 2013)

View Procurian's full profile

Procurian got acquired by Accenture on Oct 03, 2013 at an acquisition amount of $*****.

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

Procurian has raised a total funding of $117M over 1 round. Its latest funding round was a Angel round on Jul 31, 2000 for $*****. 3 investors participated in its latest round. Procurian has 3 institutional investors.

Here is the list of recent funding rounds of Procurian:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 31, 2000	9492569	Angel	7118838	4220045	5916042	5990622

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View details of Procurian's funding rounds and investors

Procurian's employee count trend

Procurian has 674,698 employees as of Mar 26. Here is Procurian's employee count trend over the years:

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Top competitors of Procurian include Coupa, Bizongo and Airbase. Here is the list of Top 10 competitors of Procurian, 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	T. Rowe Price, Meritech & 18 others	87/100
2nd	Bizongo 2015, Mumbai (India), Series E	Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions	$307M	Schroders Capital, Accel & 30 others	77/100
3rd	Airbase 2017, San Francisco (United States), Acquired	Provider of a platform integrating human resources, finance, and information technology	$91M	Bain Capital Ventures, Menlo Ventures & 21 others	73/100
4th	Procurify 2012, Vancouver (Canada), Series C	SaaS-enabled end-to-end spend management software	$82.5M	Information Venture Partners, Ten Coves Capital ... & 22 others	68/100
5th	Dice 2018, Pune (India), Acquired	Provider of spend management and digital commerce platform for enterprises	$6.55M	IIT Mandi Catalyst, Dallas Venture Capital ... & 13 others	67/100
6th	GEP 1999, Clark (United States), Unfunded	Cloud-based procurement-to-pay solutions	-	-	67/100
7th	Ivalua 2000, Redwood City (United States), Series B	Provider of cloud-based platform for spend, procurement, and supplier management	$134M	Ardian, Tiger Global Management & 7 others	62/100
8th	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
9th	LogicSource 2009, Norwalk (United States), Series C	Offers cloud-based sourcing and procurement solution	$206M	FTV Capital, Saints Capital & 4 others	62/100
10th	Esker 1985, Middleton (United States), Public	Provider of an AI-driven document automation and business process solutions	-	Herald Investment Management, Galileo Partners ... & 5 others	58/100
36th	Procurian 1996, King Of Prussia (United States), Acquired	Procurement, accounts payable, supplier relationship management solution	$117M	Cross Atlantic Capital Partners, Aries Capital Partners ... & 1 others	45/100