Top 7 Procurement management startups

Updated: January 07, 2024 | Editor: Fernando Lopez

Procurement management startups have emerged as integral players in transforming traditional supply chain processes. Leveraging innovative technologies such as artificial intelligence, machine learning, and blockchain, these startups aim to streamline and optimize the end-to-end procurement lifecycle.
1
Zip
Country: USA | Funding: $181.3M
Zip is an Intake-to-Pay platform for any employee to initiate a purchase or vendor request.
2
Candex
Country: USA | Funding: $82M
Candex is streamlines tail spend management by facilitating easy vendor engagement, payment tracking, and financial compliance.
3
Fairmarkit
Country: USA | Funding: $77.5M
Fairmarkit is an automated sourcing platform that gives procurement teams what they need to be more efficient with every purchase.
4
Oro Labs
Country: USA | Funding: $59M
Oro Labs is the supplier engagement platform for modern companies.
5
Levelpath
Country: USA | Funding: $44.5M
Levelpath is a procurement platform designed to simplify workflows and approvals across all business sizes.
6
Keelvar
Country: Ireland | Funding: €39.8M
Supply chain analytics platform that weighs different sourcing scenarios to guide customers to decisions for their supply chains.
7
Focal Point
Country: USA | Funding: $3.7M
Focal Point Procurement Solutions is a B2B SaaS application for procurement organizations.
Editor: Fernando Lopez
Fernando Lopez is a senior editor for SaaStartups. He joined the company after having previously spent over three years at ReadWriteWeb. Prior to his work as a reporter, Fernando worked in I.T. across a number of industries, including banking, retail and software. Fernando graduated from the University of Buenos Aires (Computer Science). He is more-than-averagely interested in photography and can often be found with a camera slung over his shoulder. He wrote a book about pitching startups to investors. You can contact Fernando at fernandolopez(at)saastartups(dot)com