Where is Promium located?

Promium is headquartered in Bothell, United States.

How many employees does Promium have?

As of Jul 01, 2024, the latest employee count at Promium is 31.

Is Promium a funded company?

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

Where does Promium rank among its competitors?

Promium ranks 97th amongst 669 active competitors, of which 58 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Scispot, which secured $8M in Jun, 2026.

Who are the top competitors of Promium?

Promium's top competitors include Ovation, Automata and Tecan. Among them, Scispot secured the most recent funding round in June, 2026.

Promium - 2026 Company Profile, Team & Competitors

Company Details

Developer of cloud-based software for managing and analyzing business spend. The software provides tools for spend visibility, analysis, and optimization. It enables organizations to gain insights into their spending patterns. The platform offers features for budgeting, forecasting, and reporting. It helps businesses make informed decisions about resource allocation.

Website: promium.com
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Key Metrics

Founded Year

1998

Location

Bothell, United States

Stage

Acquired

Ranked

97^th among 669 active competitors

Employee Count

31 as on Jul 01, 2024

Similar Companies

Ovation & 827 more

Exit Details

Acquired by Clinisys (May 09, 2023)

View Promium's full profile

Promium got acquired by Clinisys on May 09, 2023.

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

Promium has not raised any funding rounds yet.

The founders of Promium are Buddy Wilson and Scot Cocanour.

Here are the details of Promium's key team members:

Buddy Wilson: Former Co-Founder of Promium.
Scot Cocanour: Former Co-Founder & CEO of Promium.

View details of Promium's Founder profiles and Board Members

Promium's employee count trend

Promium has 31 employees as of Jul 24. Here is Promium's employee count trend over the years:

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Top competitors of Promium include Ovation, Automata and Tecan. Here is the list of Top 10 competitors of Promium, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ovation 2009, Cambridge (United States), Series B	Provider of a cloud-based laboratory information and data management platform for researchers and clinicians	$33.3M	SignalFire, Madrona & 8 others	70/100
2nd	Automata 2015, London (United Kingdom), Series C	Developer of modular lab automation platforms for biological research workflows	$177M	Dimension, Hummingbird Ventures & 26 others	67/100
3rd	Tecan 1980, Mannedorf (Switzerland), Public	Provider of a automated laboratory instruments and solutions	-	Defense.gov, HHS & 2 others	66/100
4th	Deciphex 2017, Dublin (Ireland), Series C	Network of pathologists providing digital diagnostic services for medical testing	$56.6M	Seroba Life Sciences, Molten Ventures & 13 others	65/100
5th	Elemental Machines 2015, Cambridge (United States), Series B	Provider of data driven drug discovery and development platform for various industries	$52.3M	Omega Venture Partners, Founders Fund & 22 others	64/100
6th	Quartzy 2009, Hayward (United States), Series C	Provider of web-based platform for labs management	$56.9M	Eminence Capital, Orthogonal Thinker & 20 others	64/100
7th	Uncountable Data 2016, San Francisco (United States), Series A	Developer of a unified platform for research and development data management	$27M	Sageview Capital, MK Capital & 4 others	61/100
8th	Labforward 2013, Berlin (Germany), Acquired	Laboratory data, devices, and researchers collaboration platform	$10.2M	IBB Ventures, Vogel Communications Group ... & 13 others	61/100
9th	Synthace 2011, London (United Kingdom), Series C	Developer of software for automating biological experiments and data analysis	$80.3M	Sofinnova Partners, Horizons Ventures & 56 others	59/100
10th	Scispot 2020, Kitchener (Canada), Series A	Provider of a lab automation & data platform for life science and biotech laboratories	$8.12M	Avenue Growth Partners, Y Combinator & 4 others	58/100
97th	Promium 1998, Bothell (United States), Acquired	Developer of cloud-based software for managing and analyzing business spend	-	-	31/100