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Procurement Sciences AI raised $10M in Series A funding led by Battery Ventures, with follow-on investment from Tower Research Capital and new funding from K Street Capital and Blu Ventures.

PRIVATEApr 09, 2024

Amount Raised

$10 Million

Round Type

Series A

WashingtonInformation TechnologySoftwareArtificial Intelligenceinformation technology & services

Investors

Blu VenturesK Street CapitalTower Research CapitalBattery Ventures

Description

Procurement Sciences AI has raised $10M in Series A funding to revolutionize the government contracting business-development process. The company's generative AI-powered automation tools are designed to help streamline the procurement workflow for government contractors.

Quick answer

Procurement Sciences raised $10 Million in a Series A round, dated April 9, 2024. Investors: Blu Ventures, K Street Capital, Tower Research Capital and Battery Ventures. Procurement Sciences is based in Washington, District Of Columbia, United States.

How much did Procurement Sciences raise?
Procurement Sciences raised $10 Million in a Series A round on April 9, 2024.
Who invested in Procurement Sciences?
Blu Ventures, K Street Capital, Tower Research Capital and Battery Ventures are named as investors in this round.
What does Procurement Sciences do?
Procurement Sciences has created the world's first AI-native operating system purpose-built for businesses selling to the government.
Where is Procurement Sciences based and how big is it?
Procurement Sciences is based in Washington, District Of Columbia, United States. Fundz records about 66 employees.
Who are the decision-makers at Procurement Sciences?
Fundz holds 2 contacts at Procurement Sciences, including the Founder & CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in information technology & services and Software around the same time

Companies in the same sectors as Procurement Sciences that raised within 45 days of this round, from Fundz verified event records.

  • Recall.ai raised $10M (Series A) on May 16, 2024.
  • Intangible Technology raised $300K on May 1, 2024.
  • Scavenger AI raised $1.2M (Pre-Seed) on April 11, 2024.
  • Fireworks AI raised $25M (Funding Round) on March 26, 2024.
  • Tennr raised $18M (Funding Round) on March 26, 2024.
  • Databricks raised $500M (Series G+) on March 14, 2024.

Who to call at Procurement Sciences, and when

A new round usually means Procurement Sciences is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Procurement Sciences raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Procurement Sciences, from your own LinkedIn network

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Company Information

Company

Procurement Sciences

Location

362 RIVER STREET

Washington, District Of Columbia, United States

About

Procurement Sciences has created the world's first AI-native operating system purpose-built for businesses selling to the government. Trusted by industry leaders and emerging contractors alike, the platform unifies opportunity discovery, proposal automation, compliance management and delivery execution in a single, intelligent solution – helping companies automatically find opportunities, respond and win, and deliver with speed and confidence. Founded in 2022 by military and industry veteran Christian Ferreira, Procurement Sciences is backed by leading investors including Catalyst Investors, Battery Ventures, Tower Research Ventures, K-Street Capital, Blu Ventures, Bosch Ventures and Citi.

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Fundz sees it the moment Procurement Sciences raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsChristian F., Founder & CEOSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Procurement Sciences raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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