When was SmartProcure founded?

SmartProcure was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Where is SmartProcure located?

SmartProcure is headquartered in Deerfield Beach, United States. It is registered at Deerfield Beach, Florida.

Who is the current CEO of SmartProcure?

Jeff Rubenstein of SmartProcure.

How many employees does SmartProcure have?

As of Jul 31, 2026, the latest employee count at SmartProcure is 45.

Is SmartProcure a funded company?

SmartProcure is a funded company, having raised a total of $7.9M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 01, 2012.

When was the latest funding round of SmartProcure?

SmartProcure's latest funding was a $***** Series A round on Dec 17, 2014, with participation from 0 investor. Its primary sector is Data as a Service. In United States, the Data as a Service sector has seen $732M in funding in 2026 to date.

Where does SmartProcure rank among its competitors?

SmartProcure ranks 77th amongst 783 active competitors, of which 94 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Beroe, which secured $34M in Sep, 2025.

Who are the top competitors of SmartProcure?

SmartProcure's top competitors include Coupa, Concur and Beroe. Among them, Beroe secured the most recent funding round in September, 2025.

SmartProcure - 2026 Company Profile, Team, Funding & Competitors

Company Details

SmartProcure collects government purchasing data and share it among other government agencies and government vendors. The data is gathered through Freedom of Information Act requests. The company aggregates purchasing order from schools, local, state and federal agencies. Government vendors uses this system to see who buys their products, how much they pay and who they purchase them from. Government agencies uses this system to identify prospective vendors, evaluate pricing parameters for each procurement, confirm vendor performance, and share lessons-learned. For vendors it offers SmartSearch and SmartExport. For government agencies it offers SmartSearch, SmartAgency and SmartPortal. The database is free for government but government vendors have to pay a subscription fee.

Website: smartprocure.us
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Registered Address: Deerfield Beach, Florida

Key Metrics

Founded Year

2011

Location

Deerfield Beach, United States

Stage

Series A

Total Funding

$7.9M in 4 rounds

Latest Funding Round

Series A, Dec 17, 2014, $*****

Investors

Govtech Fund & 1 more

Ranked

77^th among 783 active competitors

Employee Count

45 as on Jul 31, 2026

Similar Companies

Coupa & 443 more

View SmartProcure's full profile

SmartProcure is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SMARTPROCURE, INC. CIN: 472337189 , United States, Active	Dec 26, 999	$1M - $5M (As on Oct 11, 2016)	149 (As on Dec 31, 2024)	-

SmartProcure has raised a total funding of $7.9M over 4 rounds. Its first funding round was on May 01, 2012. SmartProcure has 2 institutional investors.

Here is the list of recent funding rounds of SmartProcure:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 17, 2014	7518491	Series A	4231287	5043761	6972893	6186137
Sep 15, 2014	3703529	Series A	3626033	9416145	4812373	6573397
Aug 12, 2013	2797189	Seed	1454469	9404191	4467659	8355025

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View details of SmartProcure's funding rounds and investors

The founders of SmartProcure is Jeff Rubenstein.

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

Jeff Rubenstein: Founder & CEO of SmartProcure.

View details of SmartProcure's Founder profiles and Board Members

SmartProcure's employee count trend

SmartProcure has 45 employees as of Jul 26. Here is SmartProcure's employee count trend over the years:

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Top competitors of SmartProcure include Coupa, Concur and Beroe. Here is the list of Top 10 competitors of SmartProcure, 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	Meritech, T. Rowe Price & 18 others	86/100
2nd	Concur 1988, Bellevue (United States), Acquired	Provider of travel, expense, and invoice management solutions for businesses	-	Redpoint Ventures, RRE Ventures & 8 others	75/100
3rd	Beroe 2005, Raleigh (United States), Series B	Provider of procurement intelligence platform with AI-driven insights and data	$45.2M	Alyssum Investments, Access Asset Managers ... & 41 others	74/100
4th	Tipalti 2010, Foster City (United States), Series F	Cloud-based procurement and invoice management solutions for businesses	$553M	Zeev Ventures, Durable Capital Partners & 24 others	73/100
5th	Procurify 2012, Vancouver (Canada), Series C	Developer of procurement software for managing organizational spend and workflows	$82.5M	Information Venture Partners, Nexus Venture Partners ... & 22 others	73/100
6th	GEP 1999, Clark (United States), Unfunded	Cloud-based procurement-to-pay solutions	-	-	69/100
7th	Vertice 2021, London (United Kingdom), Series C	AI-powered platform for modern finance and procurement teams	$101M	83NORTH, Bessemer Venture Partners & 10 others	68/100
8th	Zylo 2015, Indianapolis (United States), Series C	Platform offering SaaS applications management solutions	$72.5M	High Alpha, MassMutual Ventures & 16 others	68/100
9th	SAP Ariba 1996, Palo Alto (United States), Acquired	E-procurement, invoicing, and B2B collaboration software for businesses	-	Intel, TCV & 5 others	65/100
10th	PayEm 2019, San Francisco (United States), Series A	SaaS-based expense management solutions for corporate organisations	$47M	NFX, Pitango & 6 others	64/100
77th	SmartProcure 2011, Deerfield Beach (United States), Series A	Cloud based repository of government purchase data	$7.9M	Govtech Fund, New Ground Ventures	39/100