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Valuation

$826.9K

2024 Revenue

$5M

Funding

$0

Team

2

Founded

2014

How ProcureNetworks CEO Scott Bundgaard grew to $5M revenue with a 2 person team in 2024.

Provider of an online procurement marketplace. The company offers a web-based procurement platform which allows a buyer to create a project for the purchase of goods and services and the seller to bid.

Last updated

ProcureNetworks Revenue

In 2024, ProcureNetworks's revenue reached $5M. The company previously reported $275.6K in 2024. Since its launch in 2014, ProcureNetworks has shown consistent revenue growth.

ProcureNetworks Revenue GrowthReported revenue / ARR over time$0$1.3M$2.5M$3.8M$5M$6.3M201420162018202020222024$0$271K$5MSource: GetLatka.com
YearMilestoneSource
2024ProcureNetworks Hit $5m revenue in November 2024
2023ProcureNetworks Hit $217.9k revenue in December 2023Estimated
2021ProcureNetworks Hit $271k revenue in April 2021
2014Launched with $0 revenue

ProcureNetworks Valuation, Funding Rounds

ProcureNetworks's most recent disclosed valuation is $826.9K.

ProcureNetworks Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12014Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Scott Bundgaard

CEO

Scott Bundgaard is listed as CEO at ProcureNetworks.

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Customers

We do not have customer count information for ProcureNetworks yet.

ProcureNetworks Employees & Team Size

ProcureNetworks employs approximately 2 people as of 2026.

ProcureNetworks Team GrowthReported headcount over time0123452014201620182020202220240022Source: GetLatka.com
YearMilestoneSource
2024Reached 2 employees (October 2024)
2023Reached 2 employees (December 2023)
2022Reached 3 employees (December 2022)
2021Reached 3 employees (December 2021)
2021Reached 4 employees (April 2021)

Frequently Asked Questions about ProcureNetworks

What is ProcureNetworks's revenue?

ProcureNetworks generates $5M in revenue.

Who founded ProcureNetworks?

ProcureNetworks was founded by Scott Bundgaard.

Who is the CEO of ProcureNetworks?

The CEO of ProcureNetworks is Scott Bundgaard.

How much funding does ProcureNetworks have?

ProcureNetworks raised $0.

How many employees does ProcureNetworks have?

ProcureNetworks has 2 employees.

Where is ProcureNetworks headquarters?

ProcureNetworks is headquartered in Phoenix, Arizona, United States.

Compare ProcureNetworks to the industry

ProcureNetworks operates across multiple industries. Browse revenue, funding, and growth data for ProcureNetworks in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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ProcureNetworks Revenue 2024: $5M ARR, $826.9K Valuation