WASHINGTON, DC, Procurement Sciences AI announced that it has raised $10 million in Series A funding.
Procurement Sciences AI (PSci.AI), the next-generation bidding-intelligence platform for government contractors, announced that it has raised $10 million in Series A funding. The round was led by global, technology-focused investment firm Battery Ventures, with follow-on investment from Tower Research Capital and new funding from K Street Capital and Blu Ventures. Brandon Gleklen from Battery Ventures and Jared Young from Tower Research will join the Procurement Sciences board of directors.
Founded in late 2022, Procurement Sciences AI develops workflow automation software that uses artificial intelligence to help government contractors to search for bids and create proposals more effectively.
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