Procuros raises €1m pre-seed for supplier integration
The September 2021 round was led by btov Partners, now b2venture, with a group of angel investors.
The Hamburg startup planned to recruit in product development and sales. Founded earlier in 2021 by Patrick Thelen and Benjamin Wulff, it was initially targeting suppliers in manufacturing and food retail.
Procuros offered a single integration between a supplier’s ERP and multiple customers’ procurement portals. That approach let staff handle orders and invoices through their existing systems rather than re-entering information in each buyer’s portal.
Use of funds
Develop supplier integration platform
Recruit product and sales staff