Insights

Enterprise AI spend Procol aims to digitise over $1T of enterprise procurement spend, signaling a large addressable market and strong potential for upsell to large procurement teams seeking AI-driven savings and automation.

AI driven ops Recent launch of Control Tower 2.0 and Clara 2.0 highlights a focus on predictive AI and autonomous procurement agents, presenting opportunities to position Procol as the core automation layer for CFOs, procurement leaders, and finance teams.

Strategic partnerships Ongoing collaborations with Zuari FarmHub, Kearney, and Gopal Snacks demonstrate effectiveness in digitising sourcing and procurement workflows; leverage these case studies to approach similar mid to large enterprise customers in manufacturing and consumer goods.

Executive leadership Hiring a new chief marketing officer and a track record of founder-level talent from Google, Zomato, and OYO suggest strengthened market engagement and demand generation; target enterprise buyers through thought leadership, events, and strategic content.

Funding and growth Series A backing and revenue in the tens of millions position Procol as a scalable solution for mid-market to enterprise buyers; sales motions can emphasize rapid ROI, integration with SAP Ariba and other ERP/ procurement ecosystems.

Similar companies to Procol

Procol Tech Stack

Procol uses 8 technology products and services including Microsoft Clarity, Adobe Creative Cloud, Figma, and more. Explore Procol's tech stack below.

Media & News

Procol's Email Address Formats

Procol uses at least 4 email formats:
Procol Email FormatsExamplePercentage
First.Last@procol.inJohn.Doe@procol.in
88%
First@procol.inJohn@procol.in
12%
First.Last@procol.aiJohn.Doe@procol.ai
80%
First.Middle@procol.aiJohn.Michael@procol.ai
20%

Frequently Asked Questions

What is Procol's official website and social media links?

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Procol's official website is procol.ai and has social profiles on LinkedIn and Crunchbase.

How much revenue does Procol generate?

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As of October 2026, Procol's annual revenue is estimated to be $50M - $100M.

What is Procol's NAICS code?

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Procol's NAICS code is 5112 - Software Publishers.

How many employees does Procol have currently?

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As of October 2026, Procol has approximately 242 employees across 6 continents, including Asia, North America and Europe. Key team members include Chief Marketing Officer: S. G., Chief Technology Officer: A. C. and Vice President : Enterprise Ai & Digital Transformation: N. K. Explore Procol's employee directory with LeadIQ.

What industry does Procol belong to?

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Procol operates in the Software Development industry.

What technology does Procol use?

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Procol's tech stack includes Microsoft Clarity, Adobe Creative Cloud, Figma, Google Workspace, Atlassian Jira, Intercom, Office 365 and SAP Ariba.

What is Procol's email format?

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Procol's email format typically follows the pattern of First.Last@procol.in. Find more Procol email formats with LeadIQ.

How much funding has Procol raised to date?

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As of October 2026, Procol has raised $17M in funding. The last funding round occurred on Sep 13, 2022.

When was Procol founded?

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Procol was founded in 2022.
Procol logo

Procol

Software DevelopmentNew York, United States201-500 Employees

Procol offers an AI-native procurement platform designed to automate and digitize enterprise procurement processes. It targets large organizations looking to streamline purchasing, governance, and related finance operations through AI-enhanced workflows. The company is based in New York City and has a sizable software development team. Its flagship concept includes Clara, a system of AI agents intended to autonomously manage procurement and finance tasks for enterprises.

In its operating field, Procol seeks to digitize more than $1 trillion of enterprise procurement spend as part of its mission. Recent developments include Clara 2.0 unveiled at DPW New York 2026, signaling ongoing product evolution, and a collaboration with Kearney to explore governance and ROI in agentic AI procurement.

Section iconCompany Overview

Website
procol.ai
NAICS Code
5112 - Software Publishers
Founded
2022
Employees
201-500

Section iconFunding & Financials

  • $17M

    Procol has raised a total of $17M of funding over 5 rounds. Their latest funding round was raised on Sep 13, 2022 as a Series A.

  • $50M - $100M

    Procol's revenue is estimated to be in the range of $50M - $100M

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