How Much Did ProcureIT USA Raise?
Funding & Key Investors

ProcureIT USA has secured $130K in total capital, with a recent major strategic investment amounting to $130K. This significant backing underscores the company's established position in the IT procurement sector and its trajectory towards further expansion.

What is ProcureIT USA?

ProcureIT USA
Business ServicesProject Management

ProcureIT USA operates as a specialized outsourced IT procurement firm, catering to IT consultants and managed service providers (MSPs) across the United States. By forging strategic partnerships with a diverse array of IT distributors, suppliers, and cloud vendors, ProcureIT USA streamlines the complex procurement process. This allows their clients to dedicate more resources to core business functions such as sales and billable client work. The company's comprehensive service offering encompasses quoting, order fulfillment, vendor management, and return processing, all while ensuring adherence to necessary partner certifications. ProcureIT USA's mission is to simplify procurement operations, elevate customer experiences, and drive revenue growth for IT businesses.

How much funding has ProcureIT USA raised?

ProcureIT USA has raised a total of $130K across 1 funding round:

2021

Debt

$130K

Debt (2021): $130K with participation from PPP

Key Investors in ProcureIT USA

PPP

Public-Private Partnership

What's next for ProcureIT USA?

The substantial capital infusion, particularly the recent strategic investment, positions ProcureIT USA for accelerated growth and enhanced service capabilities. As a late-stage company, this financing is likely to be deployed towards expanding market reach, deepening vendor relationships, and potentially integrating advanced technologies to further optimize the procurement workflow for MSPs and IT consultants. The company's focus on simplifying complex processes suggests a strategic direction towards becoming an indispensable partner in the IT service ecosystem, enabling greater efficiency and profitability for its clientele.

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Frequently Asked Questions Regarding ProcureIT USA Financial Insights

What are the most recent funding rounds that ProcureIT USA has completed, and what were the funding rounds?
ProcureIT USA has recently completed 1 funding rounds: Debt on Mar 20, 2021.
What is the total amount of funding ProcureIT USA has raised to date?
ProcureIT USA has raised a total of $130K in funding to date.
How many funding rounds has ProcureIT USA completed?
ProcureIT USA has completed 1 funding rounds.
How much funding did ProcureIT USA raise in its most recent funding round?
ProcureIT USA raised $130K in its most recent funding round.
Who are the lead investors in ProcureIT USA's latest funding round?
The lead investor in ProcureIT USA's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in ProcureIT USA's history?
The largest funding round in ProcureIT USA's history was $130K.
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