ProcurementFlow.com is a procurement collaboration and automation platform founded in 2018 and headquartered in Estonia. The platform aims to streamline the buying process of goods and services by connecting stakeholders and automating entire S2P (Source-to-Pay) operations to ensure on-time, on-quality, and on-cost deliveries. It offers features such as organising the entire procurement workflow, managing requests for products and services (indirect and direct), Kanban for teamwork management, collaborative purchasing for procurement early involvement, supplier relationships management (SRM), and contract management.
In its last investment round in November 2019, ProcurementFlow.com secured a significant €600.00K investment from Lemonade Stand, Bellone Invest, Thomas Padovani, Martin Villig, Taavi Madiberk, Oliver Ahlberg, Martin Henk, and Kristjan Vilosius. The platform operates in the Information Technology and SaaS industries, offering a promising prospect for investors looking into the procurement technology sector.