Market Leadership Procurated is a prominent player in the public sector procurement space, serving over 90,000 verified government and education users. Its recent partnership with NASPO ValuePoint further enhances its market credibility and expands its reach within state and local government markets, presenting growth opportunities in public procurement.
Growth and Funding With a recent $10 million Series A funding round and a revenue range of 25 to 50 million dollars, Procurated demonstrates strong financial backing and a solid growth trajectory. This financial stability indicates readiness for strategic investments in technology and customer acquisition initiatives.
Technology Stack Utilizing advanced technologies such as PostgreSQL, Elasticsearch, and Ruby, Procurated maintains a robust and scalable platform that can support expanding user bases and enhanced analytics capabilities. This presents opportunities for selling complementary software solutions or integrations.
Customer Focus Procurated’s core audience includes government and education procurement professionals seeking reliable supplier reviews. Offering tailored solutions to further improve procurement transparency and decision-making could be valuable for potential clients aiming to strengthen compliance and efficiency.
Competitive Positioning Compared to similar platforms like TrustRadius and G2, Procurated’s specialization in the public sector creates a niche position. Emphasizing customization for government needs and expanding review capabilities could enhance its competitive edge and create cross-selling or upselling opportunities.