Procurated operates a supplier ratings and reviews platform for the public sector, used by purchasing professionals in state and local government and education. Its vendor performance management software helps procurement organizations manage current suppliers using real-time data from internal customers. The platform hosts more than 33,000 reviews contributed by 8,000 verified government, university, and school district employees. Launched in 2019 by former Pennsylvania Chief Procurement Officer David Yarkin and based in Washington, DC, the company positions itself as a GovTech solution for SLED procurement. Procurated intends to use the new funding to continue expanding operations and broaden its business reach.

Total raised

$10M

Funding rounds

1

Latest round

Series A

Latest activity

Dec 2021