Procol
PrivateLast Round
Series A
Sep 13, 2022
Est. Valuation
$75M
Total Funding Raised
$11.5M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Procol is a procurement technology company that provides a software platform to help enterprises streamline manual procurement processes, manage vendors, and reduce costs.
Sector
Enterprise Software
Verticals
Supply Chain, Workflow Automation, Compliance & Risk, Accounting & Expense, Business Intelligence
Business Model
B2B
Customer Profile
Subscription SaaS, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Procol Comparables
Compare Procol with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Aerchain | 91% | |
| Lio | 84% | |
| Fairmarkit | 83% |
Procol Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Sep 13, 2022 | ||||
| Seed | Jul 14, 2020 | ||||
| Seed | Jul 17, 2019 |
Key People
Founding team and executive leadership
Procol Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Surge | Series A, Seed |
| FounderBank Capital | Series A |
| Rainmatter Capital Fund | Seed |
| ESAS Ventures | Series A |
| Blume Ventures | Seed, Series A |
| BEENEXT Capital Management | Seed, Series A |
| Mars Shot Ventures | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jul 29, 2026
Monthly visitors increased 60% MoM.
- Sep 13, 2022
$6.4M round led by Alarko Ventures and GMO VenturePartners.
Recent news
Latest coverage and updates
- recognized_asOct 5, 2026
Procol Tech Inc. has been recognized as the only Indian vendor among 16 global providers in Everest Group’s Innovation Watch: AI-Powered Spend Intelligence 2026 in India
- launchesSep 23, 2026
Procol Tech Inc. launched AI agents at DPW Amsterdam 2026 on Jul 1st '26.
- attends_eventSep 23, 2026
Procol Tech Inc. attends event DPW Amsterdam 2026.
- launchesAug 10, 2026
Procol Tech Inc. launched Control Tower 2.0 on Aug 13th '26.
- hiresJul 22, 2026
Procol Tech Inc. hired Shaivya Gupta as chief marketing officer on Jul 22nd '26.
Procol Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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