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Top 6 Purchasing Software Companies With $10M–$100M Revenue (August 2026)

As of August 2026, Latka tracks 6 purchasing software companies with $10M–$100M in annual revenue. They have combined revenues of $147.5M and employ 776 people. They have raised $98.6M and serve 15 customers combined.

Every company below sells purchasing 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 Purchasing Software Companies do

Purchasing software, often referred to as procurement software, is designed to streamline and enhance the process of acquiring goods and services for an organization. It facilitates the entire procure-to-pay cycle, allowing organizations to efficiently manage requisitions, purchase orders, and supplier relationships. Users typically include procurement professionals, finance teams, and operations managers who seek to improve operational efficiency and cost control. The software supports key features such as automated approval workflows, expense reporting, and supplier performance tracking, which are essential for making informed purchasing decisions. Additionally, it often incorporates analytics tools to assess spending patterns and vendor performance, thereby enabling better negotiation and selection of suppliers. Overall, purchasing software is crucial for firms aiming to optimize their procurement processes while ensuring compliance and risk management.

Companies
6
Revenue
$147.5M
Funding
$98.6M
Employees
776

Filters

Sorting: Highest -> Lowest

Filters

Top Purchasing Software Companies With $10M–$100M Revenue

Showing 6 of 6 companies ranked by annual revenue.

1Team Procure logo
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
2Supplynote logo
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
3SourceDay logo
SourceDay

Austin, Texas, United States

cloud-based procurement platform

Revenue
$18.9M
Year founded
2013
Funding
$54.8M
Team size
87
4SynergySuite logo
SynergySuite

Lehi, Utah, United States

restaurant management solutions

Revenue
$17.2M
Year founded
2011
Funding
$6M
Team size
86
5Vertice logo
Vertice

London, England, United Kingdom

Vertice is a tech-enabled SaaS purchasing solution that helps businesses save on their annual software expenditure.

Revenue
$12M
Year founded
2021
Funding
$26M
Team size
299
6Negotiatus logo
Negotiatus

New York, New York, United States

Purchasing software that helps business administrators and users place orders, control spend, and submit payment across their vendors.

Revenue
$12M
Year founded
2016
Funding
$10M
Team size
216

Frequently asked questions about Purchasing Software Companies With $10M–$100M Revenue

How many purchasing software companies with $10M–$100M in annual revenue are there?

Latka tracks 6 purchasing software companies with $10M–$100M in annual revenue. Together they generate $147.5M in annual revenue and employ 776 people.

Which purchasing software company with $10M–$100M in annual revenue is the largest?

Team Procure is the largest, with $50M in annual revenue, founded in 2016.

How much revenue does a typical purchasing software company with $10M–$100M in annual revenue make?

The average purchasing software company in this list makes $24.6M a year, across 6 companies with reported revenue. They serve 15 customers combined.

Who are the leading Purchasing software vendors with $10M–$100M in annual revenue?

Ranked by annual revenue, the leaders are Team Procure, Supplynote, SourceDay, SynergySuite and Vertice.

How much funding have purchasing software companies with $10M–$100M in annual revenue raised?

The 6 purchasing software companies with $10M–$100M in annual revenue tracked here have raised $98.6M in disclosed funding between them.

Related ERP Software categories

Inclusion Criteria

- Must automate procurement processes from requisition to payment - Should provide features for supplier management and performance tracking - Needs to offer reporting and analytics capabilities for data-driven decision making - Must include workflow automation for purchase order approvals - Not just focused on purchasing; must also integrate with inventory and spend management systems - Should enable budget tracking and compliance monitoring - Designed for use by procurement professionals, finance teams, and operations managers