Procuros raises nine million US dollars

Janina Gerhardt Janina Gerhardt | 12.04.2022

The start-up wants to network supplier companies and trading partners on a platform. Now the company is receiving new funding.

The start-up Procuros raises nine million US dollars in its seed financing round. Early-stage investors Point Nine and Creandum lead the round. Paua Ventures and existing investor Btov also participate. Business angels Denise Persson, David Clarke and Thijn Lamers are also investing in the startup.

The start-up's founders, Patrick Thelen and Benjamin Wulff, have developed software to simplify data exchange between retail companies and their partners. All data relating to transactions such as orders, delivery bills and invoices is to be exchanged via a single platform. The start-up, founded in 2021, says it has its first well-known customers such as Bosch, Flaschenpost and Ankerkraut.

"Digital B2B transactions are just the beginning and we see a great need for a simpler infrastructure across all industries and company sizes," Wulff said. With the new capital, Procuros plans to expand its technical and sales team and accelerate the platform's product development.


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