Procurri - About the company
Procurri is an acquired company based in Singapore. It operates as a Provider of IT lifecycle services, hardware, maintenance, and asset disposition. Procurri has raised an undisclosed amount in funding. The company has 1641 active competitors, including 6 funded and 121 that have exited. Its top competitors include companies like CDW Corporation, Insight and Ample.
Company Details
Provider of IT lifecycle services, hardware, maintenance, and asset disposition. The company offers solutions for hardware, IT asset disposition, distribution services, and e-commerce. Lifecycle services include professional services, modern workplace solutions, contract manufacturing, and hyperscale options. Independent IT maintenance is available for enterprise servers, storage, and networking.
- Website
- www.procurri.com/
- Email ID
- *****@procurri.com
- Phone Number
- +65 **********
- Registered Address
- TAI SENG AVENUE Pincode : 534119
Key Metrics
Location
Stage
Acquired
Latest Funding Round
Investors
Ranked
85th among 1641 active competitors
Annual Revenue
250M SGD as on Dec 31, 2022
Employee Count
373 as on Apr 30, 2026
Similar Companies
Exit Details
Acquired by Novo Tellus (Mar 15, 2021)
Legal entities associated with Procurri
Procurri is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PROCURRI INDIA PRIVATE LIMITED CIN: U74999KA2017FTC102059 , India, Active | Apr 07, 2017 | $2.44M (As on Dec 31, 2023) | - | |
PROCURRI CORPORATION LIMITED CIN: 201306969W , Singapore, Active | Mar 15, 2013 | $181M (As on Dec 31, 2022) | - |
Procurri's acquisition details
Procurri got acquired by Novo Tellus on Mar 15, 2021.
Click here to take a look at Procurri's acquisition in detail
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Procurri's funding and investors
Procurri has raised funding over 1 round. Its latest funding round was a Post IPO round on Feb 18, 2019 for $*****. 1 investor participated in its latest round. Procurri has 3 institutional investors.
Here is the list of recent funding rounds of Procurri:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 18, 2019 | 1323240 | Post IPO | 7359050 | 2496763 | 9029808 | 5696262 |
View details of Procurri's funding rounds and investors
Procurri's founders and board of directors
Founder? Claim ProfileHere are the details of Procurri's key team members:
- Sean Murphy: CEO of Procurri. They serve on the board of 1 company.
Procurri's Board of Directors
Procurri's board has 4 active members. Mat Jordan, Sean Murphy and Joo Kwang are part of team and Edward Flachbarth is independent board member.Here is the list of Procurri's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
ampinbd | Team | - | Current | 9y 8m |
efbdvsh | Team | - | Current | 4y 6m |
{o{flxo | Team | - | Current | 9y 2m |
Independent board member | - | Current | 9y 8m | |
mtkwwxm | Independent board member | - | Past | 1y 7m |
eixiaqa | Independent board member | - | Past | 3y 8m |
cfwvdev | Independent board member | - | Past | 7y 3m |
jzoloon | Independent board member | - | Past | 5y 6m |
cxlcovm | Independent board member | - | Past | 2y 4m |
isacpir | Independent board member | - | Past | 2y 7m |
dwywpek | Independent board member | - | Past | 6y 1m |
qvdytrt | Independent board member | - | Past | 5y 8m |
mqzvknc | Independent board member | - | Past | 2y 6m |
wewwolv | Independent board member | - | Past | 6y 1m |
View details of Procurri's Founder profiles and Board Members
Procurri's employee count trend
Procurri has 373 employees as of Apr 26. Here is Procurri's employee count trend over the years:
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Procurri's Competitors and alternates
Top competitors of Procurri include CDW Corporation, Insight and Ample. Here is the list of Top 10 competitors of Procurri, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | CDW Corporation 1984, Vernon Hills (United States), Acquired | Provider of IT service suite solutions | $1M | 64/100 | |
2nd | Insight 1988, Chandler (United States), Public | Provider of mobile application development, data analytics, cloud computing, and other services | - | 62/100 | |
3rd | Provider of IT suite services | - | - | 58/100 | |
4th | SHI 1994, Alhambra (United States), Early Stage | SHI – Computer Software, Hardware and Managed IT Solutions - Home | $670K | - | 58/100 |
5th | Ingram Micro 1979, Irvine (United States), Public | Company offers software & hardware products reselling and business intelligence services | - | 57/100 | |
6th | TechJockey 2017, Gurugram (India), Seed | Software discovery and selling portal | $986K | 54/100 | |
7th | Zones 1986, Auburn (United States), Funding Raised | IT hardware, software and services provider | - | 52/100 | |
8th | Dustin Group 1984, Nacka (Sweden), Public | Reseller of IT products and additional services | - | - | 52/100 |
9th | Distributor of hardware and software products | - | - | 52/100 | |
10th | Provider of IT suite services | - | - | 51/100 | |
85th | Provider of IT lifecycle services, hardware, maintenance, and asset disposition | - | 35/100 |
Looking for more details on Procurri's competitors? Click here to see the top ones
Procurri's Investments and acquisitions
Procurri has made no investments or acquisitions yet.
News related to Procurri
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Procurri makes board changes, announces cessation of director Loke Wai SanThe Business Times•Jun 16, 2022•Procurri, Novo Tellus Capital Partners
•
DeClout's offer for Procurri secures 42.1% acceptances, bringing stake to 92.53%The Business Times•Jun 13, 2022•Procurri, DeClout
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DeClout makes mandatory offer for Procurri after married deal raises stake past 30%The Straits Times•May 20, 2022•DeClout, Procurri
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Procurri reviewing non-binding indications of interest for its assetsThe Business Times•May 12, 2022•Procurri
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Procurri files suit against Congruity360 and its execs for contract breachesThe Business Times•Oct 18, 2021•Procurri, Congruity360
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Another Procurri shareholder to vote against Novo Tellus' partial offerThe Business Times•Apr 22, 2021•Procurri, GEM, Novo Tellus Capital Partners
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Novo Tellus unit makes partial offer to buy additional 28% in Singapore IT firm ProcurriDeal Street Asia•Mar 15, 2021•Procurri, Novo Tellus Capital Partners
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