# Procurified

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

- Industry: Software
- Headquarters: Dubai, United Arab Emirates
- Website: www.procurified.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Aug 4, 2022)
- Investors on record: 3

## About

Based in Dubai, UAE, and founded in 2019 by co-founders Marc Lemmens and Rupert Tait, operates as a construction bid management platform that connects buyers and vendors to automate the manual excel and PDF-reliant process of project bidding. In August 2022, Procurified raised USD 1.1 million in seed funding led by Aditum Investment Management Limited, with participation from Signal Peak Ventures, Empede Capital, and individual investors.

Procurified provides a construction software-as-a-service (SaaS) platform that quotes for the seller, buyers, manufacturers, and suppliers to automate product sourcing. The platform has various features such as vendor management, auto bid follow-up, and excel bid upload. 

The company generates revenue through its software subscription packages available for contractors, suppliers, consultants, and manufacturers.

The company plans to use the seed funding to support its growth and development by acquiring new talent.

## Funding rounds

- Seed, Aug 4, 2022, $1.1M — Signal Peak Ventures, Aditum Investment Management, Empede Capital

## Investors

- Signal Peak Ventures (https://capitalatlas.ai/funds/signal-peak-ventures) — Seed
- Aditum Investment Management (https://capitalatlas.ai/funds/aditum-investment-management) — Seed
- Empede Capital (https://capitalatlas.ai/funds/empede-capital) — Seed