1
Zip
San Francisco, California, United States
Zip is the world's leading intake-to-procure solution: one place for employees to initiate a purchase or vendor requests.
- Revenue
- $193M
- Year founded
- 2020
- Funding
- $358M
- Team size
- 1K
Top 4 Procurement Software Companies $100M+ Revenue (October 2026)
As of October 2026, Latka tracks 4 procurement software companies with $100M+ in annual revenue. They have combined revenues of $625.8M and employ 3.1K people. They have raised $1.4B and serve 5.6K 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
- 4
- Revenue
- $625.8M
- Funding
- $1.4B
- Employees
- 3.1K
Filters
Sorting: Highest -> Lowest
Top Procurement Software Companies $100M+ Revenue
Showing 4 of 4 companies ranked by annual revenue.
2
Tradeshift
San Francisco, California, United States
Tradeshift is a cloud-based business network and platform for supply chain management, procurement, and invoicing. It was founded in 2009 and is headquartered in San Francisco, California. The platform connects buyers, suppliers, and financial institutions in one place to digitize and streamline business processes. Tradeshift's goal is to make global trade easier for all companies by simplifying supply chain management and automating manual tasks. They offer a range of solutions including e-invoicing, procurement, supplier management, and payment services.
- Revenue
- $161.5M
- Customers
- 150
- Year founded
- 2009
- Funding
- $861M
- Team size
- 363
- Revenue
- $153M
- Customers
- 3K
- Year founded
- 2000
- Funding
- $133.6M
- Team size
- 1.1K
4
HashMicro
Singapore, Singapore
HashMicro is a leading Singapore-based enterprise software provider offering cloud-based ERP solutions for large enterprises and scaling SMEs. Initially designed for complex operations, it has grown into a modular platform trusted across industries and company sizes. With operations in 25+ countries and a strong presence in Southeast Asia, HashMicro delivers a full suite of ERP applications—including Finance, Inventory, Manufacturing, Procurement, CRM, and HRM—tailored to local compliance needs. It integrates advanced AI capabilities like automation, business intelligence, machine learning, and predictive analytics to boost insight and efficiency. A standout feature is Hashy, the AI assistant that allows users to manage ERP tasks directly through messaging platforms for faster, more intuitive control. Implementation timelines are flexible, with subscription or one-time licensing models. Serving sectors from Manufacturing and Retail to Education and Healthcare, HashMicro offers scalable, enterprise-ready solutions aligned with operational and regional needs.
- Revenue
- $118.3M
- Customers
- 2.5K
- Year founded
- 2015
- Team size
- 525
- Growth
- 25.94%
Frequently asked questions about Procurement Software Companies $100M+ Revenue
How many procurement software companies with $100M+ in annual revenue are there?
Latka tracks 4 procurement software companies with $100M+ in annual revenue. Together they generate $625.8M in annual revenue and employ 3.1K people.
Which procurement software company with $100M+ in annual revenue is the largest?
Zip is the largest, with $193M in annual revenue, founded in 2020.
How much revenue does a typical procurement software company with $100M+ in annual revenue make?
The average procurement software company in this list makes $156.5M a year, across 4 companies with reported revenue. They serve 5.6K customers combined.
Who are the leading Procurement software vendors with $100M+ in annual revenue?
Ranked by annual revenue, the leaders are Zip, Tradeshift, Ivalua and HashMicro.
How much funding have procurement software companies with $100M+ in annual revenue raised?
The 4 procurement software companies with $100M+ in annual revenue tracked here have raised $1.4B 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.