Strong Public Sector Focus Procurated specializes in serving government and education sectors, with a verified user base of over 90,000 public procurement professionals. This indicates a deep market penetration and potential for expanding product adoption within various public sector entities.
Recent Strategic Partnerships The partnership with NASPO ValuePoint, the largest cooperative purchasing organization for state and local governments, demonstrates Procurated’s growing influence and credibility in the public procurement space, opening opportunities for collaborative expansion and joint initiatives.
Secured Funding for Growth With a recent $10 million Series A funding round and multiple key executive hires, Procurated is positioned for scalable growth, enabling targeted outreach to expand its supplier review platform and explore new markets.
Market Leadership & Revenue Generating between $25 million and $50 million in revenue with a relatively modest team, Procurated presents a strong market presence in the procurement review technology niche, making it an attractive prospect for partners looking to boost procurement transparency and efficiency.
Technology-Driven Platform Utilizing a robust tech stack, including PostgreSQL, Elasticsearch, and Ruby, Procurated’s platform is optimized for reliability and scalability—pointing to opportunities for technology integrations, custom solutions, or enterprise-level collaborations in public procurement systems.