Fundz

ProcureYard raised $1.72 million in a seed round led by Powerhouse Ventures to enhance product development and manage working capital.

PRIVATEJan 20, 2025

Amount Raised

$1.72 Million

Round Type

Seed

GurugramE CommerceSupply Chain ManagementLogisticsB2B

Investors

Rajesh SawhneyAbhishek GoyalJava Capital2am VCPowerhouse Ventures

Description

ProcureYard, a B2B commerce platform for raw materials, has secured $1.72 million in a seed round. The funding will support product development and working capital management, as the company aims to expand its market presence with innovative supply chain solutions.

Quick answer

ProcureYard raised $1.72 Million in a Seed round, dated January 20, 2025. Investors: Rajesh Sawhney, Abhishek Goyal, Java Capital, 2am VC and Powerhouse Ventures. ProcureYard is based in Gurugram, Haryana, India.

How much did ProcureYard raise?
ProcureYard raised $1.72 Million in a Seed round on January 20, 2025.
Who invested in ProcureYard?
Rajesh Sawhney, Abhishek Goyal, Java Capital, 2am VC and Powerhouse Ventures are named as investors in this round.
What does ProcureYard do?
ProcureYard is a B2B commerce platform focused on raw materials, offering solutions for procurement, sale, inventory liquidation, and logistics management.
Where is ProcureYard based and how big is it?
ProcureYard is based in Gurugram, Haryana, India. Fundz records about 5 employees.
Who are the decision-makers at ProcureYard?
Fundz holds 1 contact at ProcureYard. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Supply Chain Management around the same time

Companies in the same sectors as ProcureYard that raised within 45 days of this round, from Fundz verified event records.

  • Shadowfax raised $3.9M (Series F) on February 3, 2025.
  • Package.ai raised $14M (Series A) on January 21, 2025.
  • Highstock raised $5.5M (Seed) on March 3, 2025.
  • Leta raised $8.2M on February 27, 2025.
  • EasyPost raised $20M on January 31, 2025.
  • Emiza raised $12M (Series C) on January 27, 2025.

Who to call at ProcureYard, and when

A new round usually means ProcureYard is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

ProcureYard

Location

Gurugram, Haryana, India

About

ProcureYard is a B2B commerce platform focused on raw materials, offering solutions for procurement, sale, inventory liquidation, and logistics management. Founded in 2023, it aims to enhance market presence using a custom-built conversational AI platform and supply chain solutions. The company has established a vast network of over 200 suppliers, serving more than 200 SMEs in India. ProcureYard claims to have achieved an annualized revenue run rate of Rs 300 crore and aims to reach Rs 3,000 crore in the next 12 to 18 months.

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ProcureYard raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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