Company profile: ProcureNow
1.1 - Company Overview
Company description
- Provider of an intuitive, collaborative public procurement solution for modern government, helping local governments and vendors make intelligent decisions, move faster, and simplify the procurement process. Features include a customizable workflow that guides users through creating and publishing solicitation documents.
Products and services
- ProcureNow Procurement System: An intuitive, modern, government-grade system that helps local governments and vendors make intelligent decisions, move faster, and simplify the procurement process
- Customizable Solicitation Workflow: A modular workflow that walks users through creating and publishing solicitation documents in a guided, step-by-step manner to help governments move faster
- OpenGov Procurement: A collaborative, custom-engineered public procurement suite designed for modern government that helps users make intelligent decisions, move faster, and simplify the procurement process
Key contacts
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Financial details
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1.2 - Competitors and similar companies to ProcureNow
iVeridis
HQ: United Kingdom
Website
- Description: Provider of U.K.-based SaaS sales and business development software that helps companies find and evaluate innovative clean technologies, accelerates sales by aligning products and services to customer needs, and uses patented algorithms to rate thousands of companies on their need for green products and services and match them accordingly.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Determine
HQ: United States
Website
- Description: Provider of leading, analyst-recognized global SaaS solutions for Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM), formed from the merger of Selectica, Iasta, and b-pack.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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QAD DynaSys
HQ: France
Website
- Description: Provider of demand and supply chain planning solutions and expert business decision-making software for market leaders of all sizes, focused on forecasting, planning, optimizing, and performance; one of the leading European providers.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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- Acquisitions: ●●
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Cloud Inventory
HQ: United States
Website
- Description: Provider of cloud-based, mobile-first supply chain solutions to digitize and optimize inventories, including Field Inventory for off-premises control, Warehouse Operations for accuracy and visibility, Manufacturing Materials for shop-floor productivity, and a Mobile Enterprise Platform and No-Code Studio to configure apps, automate workflows, set business rules, and create reports.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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- Acquisitions: ●●
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SAF
HQ: Switzerland
Website
- Description: Provider of automated ordering and forecasting software, and related distribution and maintenance services, for retailers and the trade, logistics, and industrial sectors, primarily in Europe and North America; also offers services to automate and optimize replenishment.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for ProcureNow
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to ProcureNow
2.2 - Growth funds investing in similar companies to ProcureNow
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4 - Top valuation comps for ProcureNow
4.2 - Public trading comparable groups for ProcureNow
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