- Revenue
- $60M
- Year founded
- 2020
- Funding
- $363.5M
- Team size
- 582
- Growth
- 33.67%
Top 48 Procurement Software Companies With $10M–$100M Revenue (October 2026)
As of October 2026, Latka tracks 48 procurement software companies with $10M–$100M in annual revenue. They have combined revenues of $1.1B and employ 8.7K people. They have raised $1.3B and serve 36.5M 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
- 48
- Revenue
- $1.1B
- Funding
- $1.3B
- Employees
- 8.7K
Filters
Sorting: Highest -> Lowest
Top Procurement Software Companies With $10M–$100M Revenue
Showing 10 of 48 companies ranked by annual revenue.
- Revenue
- $59.3M
- Customers
- 1.2M
- Year founded
- 2011
- Funding
- $453M
- Team size
- 1K
3
Certa
Saratoga, California, United States
Certa is an operational management platform that provides a fully integrated suite of products for third-party lifecycle management.
- Revenue
- $57.8M
- Year founded
- 2013
- Funding
- $15.1M
- Team size
- 198
4
Procurify
Vancouver, British Columbia, Canada
Procurify is a cloud-based procurement and spend management platform that helps businesses streamline their purchasing process, track their spending, and gain visibility into their company's finances. The platform offers features such as purchase order creation and approval workflows, invoice management, and real-time spending insights. Procurify aims to empower businesses to make informed purchasing decisions and optimize their procurement processes to save time and money.
- Revenue
- $55M
- Year founded
- 2013
- Funding
- $83M
- Team size
- 180
5
Team Procure
Boise, Idaho, United States
Team Procure is a cloud-based procurement platform that simplifies the management of all your purchasing processes and inventory through a unified application. Manage purchase requests, purchase orders, suppliers, and inventory across multiple warehouses – all in a single platform. We cater to both SMB and Enterprise customers across a broad spectrum of industries, from manufacturing and construction to healthcare and more.
- Revenue
- $50M
- Customers
- 15
- Year founded
- 2016
- Team size
- 31
6
Logiwa
Chicago, Illinois, United States
Provider of a cloud-based warehouse and inventory management software designed to focus on inventory management. The company's warehouse and inventory management software offers international supply chain management, warehouse management, order fulfillment, enabling online retailers, 3PL Warehouses and wholesalers to improve consumer satisfaction.
- Revenue
- $46.4M
- Customers
- 1K
- Year founded
- 2004
- Funding
- $12.5M
- Team size
- 139
7
Baxter Planning
Austin, Texas, United States
Baxter Planning provides solutions built for the service supply chain. Our software is developed based on proven best practices, industry expertise, and partnerships with our customers to automate inventory planning. We replace spreadsheets and manual processes with a Total Cost Optimization methodology to deliver the best service level at the lowest possible cost. Global clients deploying our software include: Avaya, Ciena, Extreme Networks, NetApp, Bio-Rad, and more.
- Revenue
- $41.9M
- Year founded
- 1993
- Team size
- 381
8
Supplynote
India
Supplynote is India's leading procurement platform with a unique stack of SAAS and E-commerce to solve the procurement problem
- Revenue
- $37.4M
- Year founded
- 2015
- Funding
- $1.8M
- Team size
- 57
9
FreeD Group
Hong Kong, Hong Kong
FreeD Group, operating its core product at joinharmonycvm.com, is a travel and lifestyle SaaS marketplace founded in 2016 and headquartered with operations across Greater China, Korea, the Middle East, and Europe. The company connects sellers including product owners, distributors, and content providers with large enterprise buyers such as telecommunications companies, governments, and airlines, earning revenue through a combination of SaaS subscription fees, one-time implementation fees, and GMV-based commissions. The company reported $35 million in total revenue for 2022, comprising $15 million in recurring SaaS and transaction fees and $20 million in one-time implementation and project fees. GMV processed through the platform reached approximately $80 million to $100 million in 2022, with $20 million processed in the fourth quarter alone. The company is fully bootstrapped with no outside capital raised. In late 2022 and early 2023, FreeD Group acquired two companies, including the largest travel management company in the Greater China market, which processed HK$2 billion (approximately $300 million USD) in GMV at its 2019 peak and served over 1,000 enterprise customers. Abel Zhao, CEO and co-founder, told Latka the company is targeting $100 million in revenue for 2023 and is aiming for an IPO in 2024 at a minimum valuation of $250 million.
- Revenue
- $35M
- Customers
- 80
- Year founded
- 2016
- Team size
- 250
10
SelectHub
Denver, Colorado, United States
Provider of a cloud-based software selection management platform intended to facilitate better purchase decisions. The company's software selection management platform supports a comprehensive set of evaluation stages from requirements gathering to vendor shortlisting, demos and user trials, RFI/RFPs and contract negotiation, enabling stakeholders within information technology, procurement, finance and end-user business units evaluate, select and purchase software products best suited for their needs.
- Revenue
- $32.7M
- Customers
- 125.9K
- Year founded
- 1996
- Funding
- $1.7M
- Team size
- 93
Frequently asked questions about Procurement Software Companies With $10M–$100M Revenue
How many procurement software companies with $10M–$100M in annual revenue are there?
Latka tracks 48 procurement software companies with $10M–$100M in annual revenue. Together they generate $1.1B in annual revenue and employ 8.7K people.
Which procurement software company with $10M–$100M in annual revenue is the largest?
Clara is the largest, with $60M in annual revenue, founded in 2020.
How much revenue does a typical procurement software company with $10M–$100M in annual revenue make?
The average procurement software company in this list makes $24M a year, across 48 companies with reported revenue. They serve 36.5M customers combined.
Who are the leading Procurement software vendors with $10M–$100M in annual revenue?
Ranked by annual revenue, the leaders are Clara, Wangdiantong, Certa, Procurify and Team Procure.
How much funding have procurement software companies with $10M–$100M in annual revenue raised?
The 48 procurement software companies with $10M–$100M in annual revenue tracked here have raised $1.3B 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.