BlueBean: A Rising Star in Procure to Pay Solutions
March 5, 2024, 2:32 am
BlueBean
Total raised: $1.3M
BlueBean, a Boston-based company, recently secured $1.3 million in funding led by Tola Capital. The company, founded by procurement expert Fabrice Saporito, offers an all-in-one procure to pay solution designed to help businesses manage expenses and increase profitability. With discount codes, negotiated prices, and a focus on streamlining the purchasing process, BlueBean aims to empower organizations without procurement teams to make cost-effective purchases. The funding will be used to further develop the product and support resources, with CEO Fabrice Saporito expressing excitement about the partnership with Tola Capital. BlueBean's launch with $1.3 million in capital marks the beginning of a promising journey for this innovative solution in the procurement industry.