# Beroe

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beroe

- Industry: Software
- Headquarters: Raleigh, US
- Website: www.beroeinc.com/
- Total disclosed funding: $10M
- Latest round: Series A (Apr 1, 2016)
- Investors on record: 3

## About

Founded in 2006, Beroe Inc. is a procurement intelligence platform that provides AI-driven insights and data to support procurement professionals, helping them optimize supplier management and address supply chain complexities.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. raised USD 34 million in series B funding co-led by investors Relativity Investment Advisors, and Alchemy Investment Management. Beroe is a leading procurement intelligence platform that specializes in providing AI-driven insights and data to procurement professionals across various industries. Its core offerings include Beroe Live.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 serves a diverse clientele, ranging from manufacturing and retail to technology, with a global reach in markets such as North America, Europe, and Asia-Pacific.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. The company plans to utilize the September 2025 funding to support global scaling and accelerated development of enhanced vehicle capabilities.

## Funding rounds

- Series A, Apr 1, 2016, $10M — Access Asset Managers, SRI Capital, ALYSSUM INVESTMENT LIMITED

## Investors

- Access Asset Managers (https://capitalatlas.ai/funds/access-asset-managers) — Series A
- SRI Capital (https://capitalatlas.ai/funds/sri-capital) — Series A
- ALYSSUM INVESTMENT LIMITED — Series A