# CoProcure

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

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.coprocure.us
- Total disclosed funding: $24M
- Latest round: Series A (Dec 9, 2021)
- Investors on record: 3

## About

Founded in 2018 and based in California, US, CoProcure, Inc. is a developer of an online platform that serves as a cooperative contract bidding marketplace for various products and services for government agencies. Mariel Reed (CEO) and Alicia Chen (CTO) are the co-founders of the company. In February 2022, CoProcure, Inc. raised USD 22 million in Series A funding led by Forerunner Ventures including Leadout Capital, Neo Fund, and other individual investors.

The company provides a marketplace for government contracts by aggregating public data into a single online tool, CoProcure, which offers a free technical infrastructure to power the spirit of collaboration in public procurement. CoProcure assists public procurement professionals in locating cooperative and piggybackable contracts from a variety of sources, including national purchasing cooperatives such as OMNIA Partners, Sourcewell, NASPO ValuePoint, states, and local governments.

## Funding rounds

- Series A, Dec 9, 2021, $22M — Forerunner Ventures, Neo Ventures, Leadout Capital
- Seed, May 6, 2020, $2.4M — Neo Ventures, Leadout Capital

## Investors

- Neo Ventures — Seed, Series A
- Leadout Capital (https://capitalatlas.ai/funds/leadout-capital) — Seed, Series A
- Forerunner Ventures (https://capitalatlas.ai/funds/forerunner-ventures) — Series A