Procol is an intelligent and the most user-friendly procurement software ever made.
Founded in 2018, Procol's solutions have been securely deployed at many $1B+ global companies helping procurement teams reduce costs, digitize procurements, improve compliance by replacing emails and excel workflows with the world's most easy-to-use and secure e-sourcing platform. Procol is rated 4.9/5 ⭐️ by leading enterprises on G2 and has been featured by Forbes.
We're a team of ex-Google New York, Zomato, OYO engineers and product folks who've worked at high-impact, growth companies and believe that we're on the journey of building one.
Backed by investors like Blume Ventures, Sequoia Surge, Beenext, and Rainmatter.
Location: India, Haryana, Gurugram
Member count: 51-200
Total raised: $6.440714M
Founded date: 2018
Investors 2
| Date | Name | Website |
| 02.05.2023 | Alarko Ven... | alarkovent... |
| - | Blume Vent... | blume.vc |
Funding Rounds 1
| Date | Series | Amount | Investors | Deal News |
| 13.09.2022 | Series A | $6.440714M | - | indianstar... |
Mentions in press and media 7
| Date | Title | Description | Source |
| 13.09.2022 | Procurement management software startup Procol raises Rs 51C... | Advertisment The platform claims to have a supplier network of over 25,000 and has managed more tha... | indianstar... |
| 13.09.2022 | Sequoia’s Surge, Beenext join $6.4m round of Indian procurem... | InvestmentsNewsStartups Aditya Hadi Pratama · 13 Sep 2022 · 1 min readSequoia’s Surge, Beenext join... | techinasia... |
| 13.09.2022 | Procurement management platform Procol raises Rs 51 crore in... | ETtech(From left) Procol founders Gaurav Baheti & Sumit Mendiratta Procurement management softw... | economicti... |
| 13.09.2022 | Procurement Management Software Startup Procol Raises Rs 51 ... | Procol, a procurement management software startup, has raised Rs 51 crore in funding from GMO Ventur... | thestartup... |
| 13.09.2022 | Procurement management platform Procol raises ₹51 crore in f... | Procurement management software Procol has raised ₹51 crore in funding from GMO Venture Partners, Al... | thehindubu... |
| 13.09.2022 | Procurement management software startup Procol raises Rs 51 ... | Procurement management software startup Procol has raised Rs 51 crore funding from GMO Venture Par... | yourstory.... |
| 02.02.2022 | Data Snapshot: Seed stage deals more than doubled for India ... | Data Snapshot is a regular AFN feature in which we analyze agrifoodtech market investment data provi... | agfunderne... |