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Procure It Raises $4.8 Million In Initial Funding For Game-Changing It Procurement Platform

Jun 13, 2023over 2 years ago

Amount Raised

$4.8 Million

Round Type

seed

CarrolltonInformation Technology

Description

Procure IT, a game-changing data-driven IT procurement and management company, announced today that it raised $3.5 million in a new round of funding, bringing the total initial funding to $4.8 million. The company promises to combine people, processes and software to create an industry-first platform for IT procurement, spend, performance and risk management.

Company Information

Company

Procure IT

Location

Carrollton, Texas, United States

About

Procure IT, the AI-driven IT procurement and management company, simplifies IT sourcing and expense, performance and risk management for businesses of all sizes – from small and medium businesses (SMBs) to global enterprises. Procure IT leverages decades of expertise in technology sourcing, relationships with more than 350 IT suppliers, proven processes and a proprietary CX software platform to help business clients save time and money while ensuring they have the technology they need to succeed in a competitive marketplace. Procure IT advises more than 3,000 businesses nationwide, speeding sourcing by 5X and reducing spending by 25 percent.

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