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Procol

Procol

Private
New Delhi, DelhiEnterprise Softwarehttps://www.procol.ai/

Last Round

Series A

Sep 13, 2022

Est. Valuation

$75M

Total Funding Raised

$11.5M

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

Workflow Automation, Supply Chain, Accounting & Expense, Business Intelligence, Compliance & Risk

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

procurement platformsource-to-pay platformprocurement automationprocuretechAI agentsautonomous sourcingS2Pprocure to payP2Pspend analyticsB2B SaaScontract lifecycle managementvendor onboardingeAuctionreverse auctions

Historical Pricing

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Caplight Momentum Score

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Procol Comparables

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Procol comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Aerchain
91%
Lio
84%
Fairmarkit
83%

Procol Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series ASep 13, 2022
SeedJul 14, 2020
SeedJul 17, 2019

Key People

Founding team and executive leadership

Sumit Mendiratta

Co-founder CTO

Founding Team

Gaurav Baheti

Founder CEO

Founding Team

Procol Investors

Notable investors and investment history

Procol investors
InvestorRounds
SurgeSeries A, Seed
FounderBank CapitalSeries A
Rainmatter Capital FundSeed
ESAS VenturesSeries A
Blume VenturesSeed, Series A
BEENEXT Capital ManagementSeed, Series A
Mars Shot VenturesSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Sep 13, 2022

    $6.4M round led by Alarko Ventures and GMO VenturePartners.

  • Jul 14, 2020

    $4M round led by Surge

Procol Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Procol Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Procol's valuation, stock price, and market status.

Firmographic Details

HeadquartersNew Delhi, Delhi
Employee Range201
Year Founded2018
Last FundingSep 13, 2022

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