Procuri
AcquiredProcurience – Breakthrough Supplier Management
Atlanta, United States · Founded 2000 · $22.5M raised
- Headquarters
- Atlanta, Georgia
- Employees
- 51–200
- Founded
- 2000
- Business Model
- B2B
- Website
- procurience.com
- Total Funding
- $22.5M
- Last Round
- $12.5M Series BMar 2005
- Rounds
- 2
- Acquired by
- AribaSep 2007 · $93.0M
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
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 company based in Atlanta, United States, founded in 2000. It has raised $22.5M in total across 2 rounds, most recently a $12.5M Series B round in Mar 2005. Investors include Insight Partners and Advent International.
Tech & App Stack
3 technologies & apps tracked
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Funding & Exit History
Sep 2007
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Funding: Series A through Series B. Amounts, valuations, and investors where available.
Investors
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