Beroe
Latest round
- Series A
Last raised
- Apr 2016
Total raised
- $10M
Investors
- 3
About Beroe
Founded in 2006, Beroe Inc.Beroe Inc. specializes in procurement intelligence solutions, having been founded in 2005 in Holly Springs, US. The company was founded by CEO Vel Dhinagaravel, who currently serves as the CEO. In September 2025, Beroe Inc. Beroe is a leading procurement intelligence platform that specializes in providing AI-driven insights and data to procurement professionals across various industries.ai, an advanced AI-powered digital analyst that integrates data and insights to deliver rapid responses to sourcing queries. The platform focuses on empowering users to navigate complex supply chain challenges, optimize supplier management, and drive cost savings through informed decision-making. Key features of Beroe's services include category intelligence across over 2,300 sourcing categories, supplier discovery tools, inflation guidance, and comprehensive market monitoring dashboards.Beroe's revenue model is primarily based on subscription services, where clients pay for access to its suite of procurement intelligence tools and analytics. Typical transactions involve clients subscribing to specific service modules tailored to their procurement needs, which may include category insights, supplier risk monitoring, and cost intelligence solutions. The company engages in B2B transactions, providing its services directly to corporate procurement departments across various sectors. While specific pricing plans for Beroe's flagship offerings are not disclosed, clients are likely offered tiered subscription options designed to accommodate different levels of service usage and data access, reflecting the varying needs of businesses in managing their procurement strategies.
Who invested in Beroe
3 investors across 1 round
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Funding rounds
Series A
Apr 1, 2016
Amount
$10M
Investors
Questions about Beroe
Who invested in Beroe?
Beroe has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Beroe raised?
Beroe has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Beroe last raise money?
Beroe's most recent round on record is a Series A, in Apr 2016.
What does Beroe do?
Beroe is a software company.
Where is Beroe headquartered?
Beroe is headquartered in Raleigh, US.
Which VCs invest in companies like Beroe?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Beroe's stage. Their profiles are linked below.
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