# Focal Point

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/focal-point

- Industry: Software
- Headquarters: Atlanta, US
- Website: www.getfocalpoint.com
- Total disclosed funding: $2.9M
- Latest round: Seed (Apr 15, 2022)
- Investors on record: 6

## About

Founded in 2020 and based in Georgia, the US, Focal Point Procurement Solutions Inc., dba Focal Point, operates as a provider of an end-to-end enterprise procurement management platform that helps chief procurement officers fully modernize and optimize its operations. In April 2022, Focal Point Procurement Solutions Inc. raised USD 3 million in venture funding from Amplo, Bungalow Capital, MangoPoint, Operator Partners, and Susa Ventures. Anders Lillevik is the founder and CEO of the company and employs 21 people. 

The company provides procurement’s smartest suite that contains features such as monitoring, planning, reporting, and execution. The firm assists users in navigating complex procurement processes by streamlining the user experience across all applications required to complete the procurement journey. 

The organization plans to use the April 2022 funding to further accelerate its platform, build enhanced software functionality and capabilities, add industry executives to its leadership team, and modernize corporate procurement departments and operations at the enterprise level.

## Funding rounds

- Seed, Apr 15, 2022, $2.9M — Susa Ventures, Alumni Ventures Group, Amplo, Operator Partners, Bungalow Capital, GoPoint Ventures

## Investors

- Susa Ventures (https://capitalatlas.ai/funds/susa-ventures) — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- Amplo (https://capitalatlas.ai/funds/amplo) — Seed
- Operator Partners — Seed
- Bungalow Capital (https://capitalatlas.ai/funds/bungalow-capital) — Seed
- GoPoint Ventures (https://capitalatlas.ai/funds/gopoint-ventures) — Seed