Procuri

Acquired

Procurience – Breakthrough Supplier Management

Atlanta, United States · Founded 2000 · $10.0M raised

Headquarters
Atlanta, Georgia
Employees
51–200
Founded
2000
Business Model
B2B
Total Funding
$10.0M
Last Round
$10.0M Series AJun 2003
Rounds
1

About

Procuri was an Atlanta-based on-demand supply management software provider offering strategic sourcing, contract management, and spend analysis delivered as SaaS. Founded around 1999-2000, the company acquired CMSI in 2005 to expand contract management capabilities. Ariba agreed to acquire Procuri in September 2007 for $93 million in cash and stock, completing the acquisition in December 2007.

Summary

Procuri is a Supply Chain Management company based in Atlanta, United States, founded in 2000. It has raised $10.0M in total across 1 round, most recently a $10.0M Series A round in Jun 2003. Investors include Insight Partners and Advent International.

Tech & App Stack

3 technologies & apps tracked

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Funding History

AcquisitionSep 2007
$93.0M

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Investors

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