Purchaser - About the company
Purchaser is an unfunded company based in Lexington (United States), founded in 2024 by Justin Burnette and Saifu Muhammad. It operates as an A cloud-based procurement software that utilizes AI technology to streamline purchasing processes for industrial supply chain management. Purchaser has not raised any funding yet. The company has 452 active competitors, including 59 funded and 41 that have exited. Its top competitors include companies like Omnea, Stotles and Arkestro.
Company Details
A cloud-based procurement software that utilizes AI technology to streamline purchasing processes for industrial supply chain management. The company provides sourcing tools to augment purchasing teams, enabling them to manage operational costs and efficiency. Its AI-powered solution helps retailers, restaurateurs, and business owners automate purchase order generation, inventory management, and procurement processes.
- Website
- purchaser.ai
- Email ID
- *****@purchaser.ai, *****@purchaser.ai
Key Metrics
Founded Year
2024
Location
Lexington, United States
Stage
Unfunded
Ranked
180th among 452 active competitors
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Purchaser's funding and investors
Purchaser has not raised any funding rounds yet.
Purchaser's founders and board of directors
Founder? Claim ProfileThe founders of Purchaser are Justin Burnette and Saifu Muhammad. Saifu Muhammad is the CEO of Purchaser.
Here are the details of Purchaser's key team members:
- Justin Burnette: Co-Founder & CTO of Purchaser. Contact Info: 1 email address
- Saifu Muhammad: Co-Founder & CEO of Purchaser. Contact Info: 1 email address
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Purchaser's Competitors and alternates
Top competitors of Purchaser include Omnea, Stotles and Arkestro. Here is the list of Top 10 competitors of Purchaser, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Omnea 2021, London (United Kingdom), Series B | Provider of web-enabled procurement orchestration solutions for the supply chain | $138M | 64/100 | |
2nd | Stotles 2019, London (United Kingdom), Series A | Cloud-based platform for procurement management | $21.6M | 60/100 | |
3rd | Arkestro 2017, San Francisco (United States), Series A | AI-powered procurement platform to optimize buying decisions for enterprises | $78M | 58/100 | |
4th | Concertiv 2014, New York (United States), Series A | Provider of web-enabled end-to-end procurement management solutions | $6.62M | 58/100 | |
5th | PayEm 2019, San Francisco (United States), Series A | SaaS-based expense management solutions for corporate organisations | $47M | 56/100 | |
6th | CobbleStone Software 1995, Princeton (United States), Unfunded | Provider of contract lifecycle management, vendor management, and e-procurement software | - | - | 54/100 |
7th | BirchStreet Systems 2002, Newport Beach (United States), Series B | Developer of cloud-based procure-to-pay software for hospitality and food service | $2.04M | 54/100 | |
8th | Fintary 2021, San Francisco (United States), Series A | Automated payout solutions for revenue operations | $10M | 52/100 | |
9th | Periscope Holdings 2001, Austin (United States), Acquired | Offers web-based e-Procurement solutions | $4.5M | 52/100 | |
10th | AI and cloud-enabled end-to-end procurement management solutions | $3.99M | 50/100 | ||
180th | Purchaser 2024, Lexington (United States), Unfunded | A cloud-based procurement software that utilizes AI technology to streamline purchasing processes for industrial supply chain management | - | - | 24/100 |
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Purchaser's Investments and acquisitions
Purchaser has made no investments or acquisitions yet.
Reports related to Purchaser
Here is the latest report on Purchaser's sector:
News related to Purchaser
•
Introducing the Vendor Discovery Tool – Simplifying Sourcing for BusinessesPurchaser•Jan 03, 2025•Purchaser
•
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