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Procurated Nabs $10M Series A Funding

2021-12-02
WASHINGTON, DC, Procurated today announced that it has closed a $10 million Series A financing round.
Procurated, the nation's largest supplier ratings and review platform trusted by purchasing professionals in the state and local government and education (SLED) market, today announced that it has closed a $10M Series A financing round. This brings its total funding to $15M. The financing was led by Greycroft, with participation by Tribeca Venture Partners, TDF Ventures and Limerick Hill, LLC, the latter of which previously led Procurated's seed funding round.

Procurated is the largest supplier ratings and reviews platform for the public sector. Eight thousand verified employees of state and local governments, universities and school districts have written more than 33,000 reviews on the platform, helping their peers make informed purchasing decisions. Procurated's vendor performance management software helps procurement organizations manage their current suppliers through real time data provided by internal customers. Headquartered in Washington, DC, the firm was launched in 2019 by the former Chief Procurement Officer of Pennsylvania, David Yarkin. Learn more at https://www.procurated.com/.
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