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Top 50 Procurement Software Companies With $1M–$5M Revenue (August 2026)

As of August 2026, Latka tracks 142 procurement software companies with $1M–$5M in annual revenue. They have combined revenues of $326.3M and employ 6.6K people. They have raised $380.5M and serve 64.3K customers combined.

Every company below sells procurement software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Procurement Software Companies do

Procurement software is a category of digital tools designed to facilitate the management and automation of purchasing processes within organizations. These software solutions help streamline workflows, enhancing efficiency and transparency in procurement activities. Common functionalities include supplier management, requisition and purchase order (PO) creation, contract management, and spend analytics, which collectively support effective vendor selection and cost control. These platforms are used across various sectors, involving roles in finance, operations, and supply chain management. By integrating procurement activities, such software allows organizations to manage budgets effectively, ensure compliance with purchasing policies, and track expenditures more clearly. Ultimately, procurement software serves to minimize manual errors, expedite approval processes, and provide valuable insights into purchasing patterns.

Companies
142
Revenue
$326.3M
Funding
$380.5M
Employees
6.6K

Filters

Sorting: Highest -> Lowest

Filters

Top Procurement Software Companies With $1M–$5M Revenue

Showing 10 of 142 companies ranked by annual revenue.

1ReMatter logo
ReMatter

Los Angeles, California, United States

ReMatter creates modern software for scrap recyclers. The product is cloud-hosted and easy to use for scrap yards of all sizes. ReMatter supports scale purchasing, inventory management, sales document generation, bin tracking, dispatching, and everything else needed to run a scrap recycling business. ReMatter also includes an iPhone/Android mobile app for Drivers and Operators. We are also a proud member of the Recycled Materials Association (ReMA). ReMatter is the leading operating system for the scrap recyclers and was recognized in the Forbes 30 under 30 Manufacturing & Industry category.

Revenue
$4.8M
Year founded
2020
Team size
44
2Gynger logo
Gynger

New York City, New York, United States

Gynger is the first B2B payments and embedded financing solution purpose-built for buyers and sellers of technology.

Revenue
$4.5M
Year founded
2021
Funding
$31.7M
Team size
41
3Stave logo
Stave

La Jolla, California, United States

Stave develops Business Apps to Simplify Work on the ServiceNow platform. We enable customers to go faster, further, and deliver more value on your ServiceNow platform, Let us help you drive organizational capability and maturity through rapid implementation and adoption with platform apps for Procurement, Asset Management and Maintenance, Fleet Management, Operations, Legal, Retail, Facility, Cyber Security, and more.

Revenue
$4.5M
Team size
41
4MESPAS logo
MESPAS

United States

MESPAS is an independent Swiss IT and engineering company, with subsidiaries and partners throughout the world. Our technical ship management software enables our customers in the maritime industry to run their ships safely and efficiently, resulting in better performance, decreased costs and lower emissions. Our e-trading platform connect.mespas.com allows ships, management offices and suppliers to digitally place and receive offers, orders and invoices. MESPAS is the only company in the maritime industry whose products are provided on cloud-based software, with a unique library of millions of machine types, spare parts and documents, all instantly available to our customers to improve their business processes.

Revenue
$4.5M
Year founded
2004
Team size
41
5Lapasar.com logo
Lapasar.com

Seksyen, Selangor, Malaysia

Developer and provider of a procurement solution intended for vendor management, order management, user management, product management, etc. The company's solution integrates workflow management, transaction management & document management, enabling clients to reduce buy time and increase their sales.

Revenue
$4.3M
Year founded
2016
Funding
$2.5M
Team size
128
6CargoFL logo
CargoFL

Pune, Maharashtra, India

CargoFL is a cloud-based B2B technology ecosystem for logistics. We are amongst the fastest growing logistics tech SaaS companies in the world. CargoFL is digitising the complete logistics-ecosystem for business-value and efficiency. For End Customers i.e. Shippers, it's a platform that automates dispatches, consolidates truckers, provides supply chain visibility, vehicle tracking and integrates with their existing ERP for a seamless logistics delivery experience. For Truckers, it's an ERP-CRM platform that's digitizing their business and operations. CargoFL e-enables all aspects of their business right from booking to accounting to invoicing and reporting. We have been awarded as one of the fastest-growing startups in Pune by Startup Master Class (SMC) program in Sept 2019. The Masterclass was held at the Indian Institute for Science Education and Research (IISER) on Sunday. The event was attended by at least 500 local startups, 100 venture capitalists, investors and experts who came together to discuss the best practices for growing local startups. CargoFL has also been selected as the top 11 startups by the Microsoft Incubation program in Maharashtra out of 140 startups. In Feb 2021, CargoFL was showcased in "Innovative Product Showcase" by AGNII a Govt of India Initiative promoting innovative technologies in India. Our Clientele includes premiere Fortune 500 companies, they use the CargoFL technology platform to manage indents, consolidate vendors, e-invoicing, supply chain visibility and digital transformation of their logistics functions. The CargoFL technology ecosystem helps our customers manage their logistics business functions with ease.

Revenue
$4.2M
Year founded
2017
Team size
38
7virtualstock.com logo
virtualstock.com

United States

Virtualstock enables organisations to thrive using our innovative supply chain and procurement solutions. Comprising three platforms—Virtualstock, Framespan, and Edge4Health—our market-leading technology solutions are employed by renowned retailers and the UK's public sector alike. We take pride in our boutique approach, our ability to design and implement bespoke solutions, and our commitment to continuously improving our platforms to better serve our clients. Trusted by: John Lewis, Robert Dyas, Toolstation, Bradfords Building Merchants, the Crown Commercial Service, NHS England and more.

Revenue
$4.2M
Year founded
2004
Team size
38
8Procuzy logo
Procuzy

Bengaluru, Karnataka, India

SaaS for mid-sized enterprise manufacturers.

Revenue
$4.1M
Year founded
2021
Team size
37
9SupplierGateway logo
SupplierGateway

Santa Ana, California, United States

SupplierGateway has been a leader in supply chain management software for over 20 years. Our software solutions make it easier for suppliers and vendors to do business. Our software and tools are instant-on, and can be deployed individually or in any combination. Our supply chain management software easily integrates with existing AP/ERP infrastructure. Our specialties include: • Supplier Registration and Enablement • P2P Sourcing & Procurement • Supplier and Supply Chain Management • Financial Risk Monitoring • Supplier Compliance Management • Corporate Social Responsibility • Supplier Diversity Management • Vendor Credentialing

Revenue
$4.1M
Team size
37
10KanbanBOX logo
KanbanBOX

Vicenza, Vicenza, Italy

The Supply Chain Collaboration Platform for the management of Purchasing, Production, Logistics. Ask for a demo on www.kanbanbox.com #KanbanBOX

Revenue
$4.1M
Year founded
2012
Team size
37

Frequently asked questions about Procurement Software Companies With $1M–$5M Revenue

How many procurement software companies with $1M–$5M in annual revenue are there?

Latka tracks 142 procurement software companies with $1M–$5M in annual revenue. Together they generate $326.3M in annual revenue and employ 6.6K people.

Which procurement software company with $1M–$5M in annual revenue is the largest?

ReMatter is the largest, with $4.8M in annual revenue, founded in 2020.

How much revenue does a typical procurement software company with $1M–$5M in annual revenue make?

The average procurement software company in this list makes $2.3M a year, across 142 companies with reported revenue. They serve 64.3K customers combined.

Who are the leading Procurement software vendors with $1M–$5M in annual revenue?

Ranked by annual revenue, the leaders are ReMatter, Gynger, Stave, MESPAS and Lapasar.com.

How much funding have procurement software companies with $1M–$5M in annual revenue raised?

The 142 procurement software companies with $1M–$5M in annual revenue tracked here have raised $380.5M in disclosed funding between them.

Related ERP Software categories

Inclusion Criteria

- Must support the entire procurement lifecycle, including requisitioning, order management, and invoicing. - Must provide features for supplier management, including onboarding and performance tracking. - Must include budgeting tools for tracking spending and enforcing financial controls. - Must enable automation of approval workflows to reduce manual processing. - Not just focused on invoicing; must also facilitate vendor selection and contract management. - Must offer analytics features for real-time spend visibility and reporting.