Purchasing Platform Overview
- Year Founded
-
2012
- Status
-
Private
- Employees
-
33
- Latest Deal Type
-
Series B2
- Latest Deal Amount
-
$7.5M
- Investors
-
4
Purchasing Platform General Information
Description
Operator of an automated procurement management platform intended to connect property management companies with vendors by revolutionizing and simplifying their buying process. The company's platform helps to reduce the time spent offsite at stores, drives compliance to portfolio-driven standardized products, and eliminates wasted effort around order fulfillment, enabling clients to enjoy the benefits of increased productivity and support services.
Contact Information
Website
home.purchasingplatform.comCorporate Office
- 444 North Wells Street
- Suite 502
- Chicago, IL 60654
- United States
Corporate Office
- 444 North Wells Street
- Suite 502
- Chicago, IL 60654
- United States
Purchasing Platform Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC (Series B2) | 04-Nov-2022 | $7.5M | Completed | Generating Revenue | ||
| 6. Later Stage VC (Series A1) | 04-May-2021 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series A) | 11-Oct-2019 | Completed | Generating Revenue | |||
| 4. Angel (individual) | 30-Dec-2016 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 11-Jan-2016 | Completed | Generating Revenue | |||
| 2. Angel (individual) | 18-Mar-2013 | $1.12M | $1.38M | Completed | Generating Revenue | |
| 1. Angel (individual) | 22-Apr-2012 | $250K | $250K | Completed | Startup |
Purchasing Platform Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B-2 | ||||||||
| Series B-1 | ||||||||
| Series A1 | 17,000,000 | $0.001000 | 8% | $0.25 | $0.25 | 1x | $0.25 | 11.97% |
| Series A | 16,130,417 | $0.001000 | 8% | $0.22 | $0.22 | 1x | $0.22 | 11.36% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Purchasing Platform Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Purchasing Platform Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Purchasing Platform Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| DNS Capital | Family Office | Minority | ||
| Method Capital | Venture Capital | Minority | ||
| Old Town Capital | Venture Capital | Minority | ||
| Moderne Ventures | Venture Capital | Minority |
Purchasing Platform FAQs
-
When was Purchasing Platform founded?
Purchasing Platform was founded in 2012.
-
Where is Purchasing Platform headquartered?
Purchasing Platform is headquartered in Chicago, IL.
-
What is the size of Purchasing Platform?
Purchasing Platform has 33 total employees.
-
What industry is Purchasing Platform in?
Purchasing Platform’s primary industry is Business/Productivity Software.
-
Is Purchasing Platform a private or public company?
Purchasing Platform is a Private company.
-
What is the current valuation of Purchasing Platform?
The current valuation of Purchasing Platform is .
-
What is Purchasing Platform’s current revenue?
The current revenue for Purchasing Platform is .
-
How much funding has Purchasing Platform raised over time?
Purchasing Platform has raised $15.6M.
-
Who are Purchasing Platform’s investors?
DNS Capital, Method Capital, Old Town Capital, and Moderne Ventures have invested in Purchasing Platform.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
