Fundz

Prolo secures £4.2M in seed funding to modernise construction procurement, led by Triple Point Ventures with participation from various investors.

PRIVATEJul 14, 2026

Amount Raised

£4.2 Million

Round Type

Seed

Artificial IntelligenceConstruction

Investors

Love VenturesKoro CapitalHaatchFoundation VenturesA16z Scout FundAnamcara CapitalConcrete VCPortfolio VenturesTriple Point Ventures

Description

Prolo, an AI-powered procurement platform, has raised £4.2 million in seed funding to modernise construction procurement. The oversubscribed round was led by Triple Point Ventures and included participation from notable investors like a16z Scout Fund and Concrete VC. Prolo aims to address procurement inefficiencies faced by small and medium-sized construction firms. The new funding will support the company's go-to-market strategy and expand its sales and marketing efforts.

Quick answer

Prolo raised £4.2 Million in a Seed round, dated July 14, 2026. Investors: Love Ventures, Koro Capital, Haatch, Foundation Ventures, A16z Scout Fund, Anamcara Capital, Concrete VC and Portfolio Ventures.

How much did Prolo raise?
Prolo raised £4.2 Million in a Seed round on July 14, 2026.
Who invested in Prolo?
Love Ventures, Koro Capital, Haatch, Foundation Ventures, A16z Scout Fund, Anamcara Capital, Concrete VC and Portfolio Ventures are named as investors in this round.
What does Prolo do?
Prolo is an AI-powered procurement platform that assists small and medium-sized construction firms in sourcing materials, equipment, and labour at competitive rates.
Where is Prolo based and how big is it?
Fundz records about 21 employees.
Who are the decision-makers at Prolo?
Fundz holds 2 contacts at Prolo, including the Vice President Operations & HR. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Construction and Artificial Intelligence around the same time

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

  • Volve raised $3M (Seed) on August 25, 2026.
  • Genba Hub raised $440K (Seed) on August 24, 2026.
  • Gravis Robotics raised $200M (Series A) on August 17, 2026.
  • Cascade raised $3.5M (Seed) on July 21, 2026.
  • Build raised $8.5M (Seed) on June 30, 2026.
  • Structured AI raised $4.2M (Seed) on June 10, 2026.

Who to call at Prolo, and when

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

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  • Who you already know at Prolo, from your own LinkedIn network

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Company Information

Company

Prolo

About

Prolo is an AI-powered procurement platform that assists small and medium-sized construction firms in sourcing materials, equipment, and labour at competitive rates. Founded by James Morris-Manuel, the company aims to modernise procurement in the construction industry by tackling inefficiencies faced by smaller contractors. Prolo provides a seamless experience, allowing contractors to place orders via WhatsApp, email, or phone, and combines AI with human specialists for sourcing. The platform also offers access to trade rates and flexible credit terms to support cash flow management.

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Related People

2 contacts
Verified contactsDavid, Vice President Operations & HR hidden hiddenSee plans and pricing
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Prolo 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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