Buzzing into action...
ProcurePro, headquartered in Brisbane, Australia, has successfully secured $6.15 million in funding to bolster its platform, which empowers construction companies to optimize their supply chain operations.
The funding round was spearheaded by AirTree Ventures and Saniel Ventures, marking a significant milestone for ProcurePro’s growth trajectory.
With this infusion of capital, ProcurePro aims to expedite its expansion efforts in the UK, positioning it as a pivotal market for growth, while simultaneously fortifying its presence in Australia and New Zealand.
Under the leadership of Alastair Blenkin, the company’s Founder and CEO, ProcurePro offers a sophisticated software solution designed to streamline procurement processes within the construction industry. By centralizing and digitizing traditionally fragmented workflows, ProcurePro’s platform provides builders with enhanced visibility, consistency, and control over their supply chain operations.
Commenting on the news, Alastair Blenkin said: “We’re on a mission to save one billion hours in unnecessary construction administration and are proud to have redefined how the industry works. To date we’ve automated 200,000+ hours of procurement tasks, a figure which grows exponentially each day.”
——————-
If you are a proptech company and want to promote your products, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.
Explore more Proptech news at media.proptechbuzz.com, for news tips and promotions, reach out to marketing@proptechbuzz.com
By Proptechbuzz
By Ravi Kumar
