Participating investors include Susa Ventures, Amplo, GoPoint Ventures, Bungalow Capital and Operator Partners. The investment will enable Focal Point to accelerate adoption of its platform, build enhanced software functionality and capabilities, add industry executives to its leadership team and modernize and optimize corporate procurement departments and operations at the enterprise level.

Focal Point empowers enterprise Chief Procurement Officers to fully modernize and optimize their operations. With its end-to-end procurement management platform, procurement teams can maximize the value of every dollar spent, ensure the safety and security of all transactions, and ultimately enhance the customer experience. Focal Point's platform integrates seamlessly with legacy procurement infrastructure, ensuring maximum ROI on existing investments. Global brands manage their procurement with Focal Point.