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ProcurePro Raises $15.0M

Recently funded · $15.0M UnknownConstructionAUView source

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Construction's pre-contract phase, a critical juncture where up to 80% of margin risk is locked in, is getting a digital overhaul thanks to ProcurePro, which has just secured $15.0M in new funding. The investment round saw participation from QIC Ventures, Airtree, ISAI, and Glitch Capital.

ProcurePro aims to restore control for commercial leaders by providing structured visibility and "Procurement Intelligence" before capital is committed and contracts are signed. Its platform helps align procurement, commercial, and project teams, surfacing real-time data on scope gaps, pricing variance, and supply chain exposure. The company, which already supports over $38 billion in construction value across Australia, the United Kingdom, and the Middle East, helps protect margin and commercial certainty in a low-margin industry.

From the source

Portage · May 5, 2026

ProcurePro, the end-to-end construction procurement platform, has secured $15 million (US$11 million) in funding led by QIC Ventures. The round values the company at more than $100 million, with backing fromAirtree, ISAI (the VC arm ofBouygues Construction Group), andGlitch Capital.

The capital will be used to accelerate ProcurePro's construction-focused AI product suite and to support continued expansion across the United Kingdom, the Middle East, and North America.By the time procurement closes, 80% of a project's cost is already committed and the supply chain risk profile is locked in. Across the industry, that decision window is still being managed through fragmented spre

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