Amazing achievement!
Procural is a Bahraini B2B tendering platform, that has secured $1.2 million in seed funding from Flagship Holding and BenchMatrix from Canada. The investment will support Procural in expanding its platform, also, allowing businesses of all sizes to manage their procurement processes and stimulate growth and product development.
In addition, Procural’s algorithmic and AI-driven procurement platform matches vendors with buyers through a cloud-based infrastructure, customizable approval workflows, automated purchase orders, and real-time budget tracking. The company plans to utilize the funding to expand its team, enhance its platform’s capabilities, and further develop its presence in the B2B procurement market.
The startup’s founders believe that Procural’s platform’s credibility and potential have been validated by the investment, and they are excited to collaborate with Flagship Holding and BenchMatrix to take their company to the next level.
Super proud!
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