Purchasing Platform Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Private

  • Employees
  • 41

Employees

  • 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

Formerly Known As
Purchasing Platform, LLC
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Primary Office
  • 444 North Wells Street
  • Suite 502
  • Chicago, IL 60654
  • United States
+1 (312) 000-0000

Purchasing Platform Timeline

2020202120222023
Financing RoundCaptured Employee CountEstimated Employee Growth

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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 000.00 0000 Completed Generating Revenue
6. Later Stage VC (Series A1) 04-May-2021 00.00 00.000 000.00 Completed Generating Revenue
5. Later Stage VC (Series A) 11-Oct-2019 00.000 00.000 000.00 Completed Generating Revenue
4. Angel (individual) 30-Dec-2016 00000 00.00 Completed Generating Revenue
3. Accelerator/Incubator 11-Jan-2016 00.000 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
To view Purchasing Platform’s complete valuation and funding history, request access »

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 00,000,000 00.000000 00 00.00 00.00 00 00.00 000
Series B-1 0,000,000 00.000000 00 00.0 00.0 00 00.0 0.000
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%
To view Purchasing Platform’s complete cap table history, request access »

Purchasing Platform Executive Team (9)

Name Title Board Seat Contact Info
David Bowen President, Chief Executive Officer & Chairman
Robert Weisberg Vice President of Finance and Strategy
You’re viewing 2 of 9 executive team members. Get the full list »

Purchasing Platform Board Members (7)

Name Representing Role Since
Alan Warms Self Board Member 000 0000
Charles Tollinche Self Board Member 000 0000
Chirag Shah Self Board Member 000 0000
David Bowen Purchasing Platform President, Chief Executive Officer & Chairman 000 0000
Justin Smollar Method Capital Board Member 000 0000
You’re viewing 5 of 7 board members. Get the full list »

Purchasing Platform Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Purchasing Platform Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
DNS Capital Venture Capital Minority 000 0000 000000 0
Method Capital Venture Capital Minority 000 0000 000000 0
Old Town Capital Venture Capital Minority 000 0000 000000 0
Moderne Ventures Venture Capital Minority 000 0000 000000 0
To view Purchasing Platform’s complete investors history, request access »