Accel

Accel is a venture capital firm founded in 1983 and based in Palo Alto, California, with additional offices in San Francisco, London, and Bangalore. It focuses on early and growth-stage technology startups, investing across software, cloud, data analytics, mobile technology, consumer services, fintech, security, healthcare, and information technologies. Accel seeks to partner with entrepreneurs to build world-class companies that define new categories and drive growth. Its portfolio includes notable technology companies such as Atlassian, Dropbox, Slack, Spotify, Etsy, Cloudera, DJI, Braintree, and Lookout Security, among others.

Casey Aylward

Partner

Nir Blumberger

Venture Partner

Luca Bocchio

Partner

Philippe Botteri

Partner

Andrew Braccia

Partner

Andrei Brasoveanu

Partner

Katie Brown

Investor

Miles Clements

Partner

Adrian Colyer

Venture Partner

Kevin Comolli

Partner

Anand Daniel

Partner

Sonali De Rycker

Partner

Ben Dooley

CFO

Peter Doyle

Investor

Kevin Efrusy

Partner

Christine Esserman

Partner

Ben Fletcher

Partner

Sameer Gandhi

Partner

Martin Gibson

Investor

Bruce Golden

Partner

Graham Hutson

Investor

Sara Ittelson

Partner

Myrel Iturrey

Investor

Siddarth Jain

Analyst

Dinesh Katiyar Ph.D

Partner

Richard Kotite

Vice President

Amit Kumar

Partner

Gagan Kumar

General Partner

Ping Li

Partner

John Locke

Partner

Zhenya Loginov

Partner

Steve Loughlin

Partner

Arun Mathew

Partner

Jonathan Mendelson

Investor

Subrata Mitra

Partner

Gonzalo Mocorrea

Investor

Vasant Natarajan

Partner

Vas Natarajan

Partner

Harry Nelis

Partner

Nate Niparko

Partner

Maya Noeth

Partner

Brian O'Malley

Partner

Rachit Parekh

Principal

Vijaysai Patnaik

Associate

Varun Purandare

Principal and Investor

Ben Quazzo

Partner

Rafael Quintanilla

Investor

Tim Rawlinson

Investor

Matt Robinson

Partner

Sagar Sanghvi

Partner

Tracy Sedlock

Chief Operating Partner

Jess Segal

Partner, Investor Relation

Ajay Sethi Ph.D

Venture Partner

Manasi Shah

Vice President and Investment Team Member

Karan Shah

Investor

Sarthak Singh

Investor

Robert Sternberg

Investor

Barath Shankar Subramanian

Principal

Diksha Sundarka

Investor

Prayank Swaroop

Partner

Ryan Sweeney

General Partner

Charles Tananbaum

Investor

Humza Tariq

Investor

Jonathan Turner

Partner

Cecilia Wang

Vice President

Matt Weigand

Partner

Eric Wolford

Venture Partner

Rich Wong

General Partner

Ivan Zhou

Partner

Candice du Fretay

Investor

Past deals in Procurement

Omnea

Series A in 2024
Omnea offers an AI-driven platform that automates and governs enterprise purchasing from vendor setup to order creation and final approval. The system functions as a centralized orchestration layer for B2B buying, enabling employees to submit requests and complete purchases in one place while streamlining approval workflows. Beyond procurement automation, Omnea provides essential payment services and positions itself as a FinTech advisor in Africa, supporting financial transactions tied to purchasing for individuals and businesses. The solution aims to improve purchasing efficiency, control, and visibility by integrating sourcing, approvals, and payments into a single, cohesive process.

Brik

Seed Round in 2023
Brik is a construction material aggregator that facilitates procurement for small and mid-sized contractors by connecting them with vendors through its platform.

Spendflo

Series A in 2023
Spendflo is a SaaS procurement solution that helps businesses automate and optimize the process of requesting, approving, and onboarding software-as-a-service (SaaS) tools. It enables customers to save time and money by leveraging Spendflo's expertise in pricing benchmarks to negotiate better bargains.

Venwiz

Series A in 2023
Venwiz is an online B2B platform designed to connect manufacturers with qualified service vendors, aiming to enhance the procurement process within the manufacturing industry. Recognizing the lack of digitization in the discovery and execution of B2B services in India, Venwiz provides comprehensive digital solutions that streamline the procurement lifecycle. Its platform features a database of vetted vendors, along with tools for vendor assessment and digital procurement, which help manufacturers save time and reduce costs. By digitizing post-purchase order milestone management, Venwiz ensures timely project completion, enabling manufacturers and service vendors to collaborate more effectively and drive mutual growth.

Spendflo

Seed Round in 2022
Spendflo is a SaaS procurement solution that helps businesses automate and optimize the process of requesting, approving, and onboarding software-as-a-service (SaaS) tools. It enables customers to save time and money by leveraging Spendflo's expertise in pricing benchmarks to negotiate better bargains.

Aavenir

Series A in 2022
Aavenir Software Pvt. Ltd is a provider of Software-as-a-Service solutions focused on source-to-pay processes, founded in 2019 and headquartered in Ahmedabad, India, with an additional office in San Francisco, California. The company's platform utilizes advanced machine learning and natural language processing technologies to enhance procurement and contract lifecycle management. By learning various invoice formats and payment terms, Aavenir's solution can automatically extract essential information such as invoice numbers, item codes, and amounts payable. It validates this data against purchase orders, goods receipt notes, and contracts to ensure accuracy within the ServiceNow platform. Aavenir aims to streamline traditional procurement processes, reduce cycle times, and offer data-driven insights to improve efficiency in sourcing, procurement, and contracting.

Infra.Market

Series C in 2021
Infra.Market is a construction solutions company that offers a wide range of building materials, including cement, steel, chemicals, and more. It leverages technology to simplify procurement and logistics within the construction industry.

Venwiz

Seed Round in 2021
Venwiz is an online B2B platform designed to connect manufacturers with qualified service vendors, aiming to enhance the procurement process within the manufacturing industry. Recognizing the lack of digitization in the discovery and execution of B2B services in India, Venwiz provides comprehensive digital solutions that streamline the procurement lifecycle. Its platform features a database of vetted vendors, along with tools for vendor assessment and digital procurement, which help manufacturers save time and reduce costs. By digitizing post-purchase order milestone management, Venwiz ensures timely project completion, enabling manufacturers and service vendors to collaborate more effectively and drive mutual growth.

Infra.Market

Series B in 2020
Infra.Market is a construction solutions company that offers a wide range of building materials, including cement, steel, chemicals, and more. It leverages technology to simplify procurement and logistics within the construction industry.

Infra.Market

Series B in 2020
Infra.Market is a construction solutions company that offers a wide range of building materials, including cement, steel, chemicals, and more. It leverages technology to simplify procurement and logistics within the construction industry.

Aavenir

Seed Round in 2020
Aavenir Software Pvt. Ltd is a provider of Software-as-a-Service solutions focused on source-to-pay processes, founded in 2019 and headquartered in Ahmedabad, India, with an additional office in San Francisco, California. The company's platform utilizes advanced machine learning and natural language processing technologies to enhance procurement and contract lifecycle management. By learning various invoice formats and payment terms, Aavenir's solution can automatically extract essential information such as invoice numbers, item codes, and amounts payable. It validates this data against purchase orders, goods receipt notes, and contracts to ensure accuracy within the ServiceNow platform. Aavenir aims to streamline traditional procurement processes, reduce cycle times, and offer data-driven insights to improve efficiency in sourcing, procurement, and contracting.

Infra.Market

Series A in 2019
Infra.Market is a construction solutions company that offers a wide range of building materials, including cement, steel, chemicals, and more. It leverages technology to simplify procurement and logistics within the construction industry.

Infra.Market

Seed Round in 2019
Infra.Market is a construction solutions company that offers a wide range of building materials, including cement, steel, chemicals, and more. It leverages technology to simplify procurement and logistics within the construction industry.

STOQO

Series A in 2018
STOQO Technology is an online marketplace based in Jakarta, Indonesia, established in 2016, designed specifically for small restaurant and hotel owners. The company offers a platform that allows culinary businesses to bulk source a wide range of raw materials directly from manufacturers and distributors at competitive wholesale prices. Its application streamlines back-end operations, enabling users to efficiently procure essential supplies, including food ingredients, beverages, and cleaning products, all in one place. By providing access to direct factory pricing, STOQO aims to help food industry players optimize their purchasing processes and focus more on customer engagement.

Power2SME

Series E in 2017
Power2SME operates an e-commerce platform dedicated to supplying commodities and industrial products to small and medium enterprises (SMEs) in India at competitive prices. The company aggregates SME demand for raw materials across categories such as chemicals, metals, and polymers, purchasing directly from manufacturers to sell to SMEs at optimal pricing. This process aims to enhance SME productivity and deliver measurable business value by reducing purchase costs.

ServiceChannel

Venture Round in 2017
ServiceChannel, established in 1999 and based in Pleasanton, California, specializes in a cloud-based platform that streamlines facility maintenance and operations for businesses. It offers a real-time, web-based solution for procuring, managing, and paying for services from commercial service providers, enabling companies to maintain brand equity and drive significant ROI without outsourcing control or investing in new infrastructure.

Power2SME

Series D in 2016
Power2SME operates an e-commerce platform dedicated to supplying commodities and industrial products to small and medium enterprises (SMEs) in India at competitive prices. The company aggregates SME demand for raw materials across categories such as chemicals, metals, and polymers, purchasing directly from manufacturers to sell to SMEs at optimal pricing. This process aims to enhance SME productivity and deliver measurable business value by reducing purchase costs.

Power2SME

Series C in 2014
Power2SME operates an e-commerce platform dedicated to supplying commodities and industrial products to small and medium enterprises (SMEs) in India at competitive prices. The company aggregates SME demand for raw materials across categories such as chemicals, metals, and polymers, purchasing directly from manufacturers to sell to SMEs at optimal pricing. This process aims to enhance SME productivity and deliver measurable business value by reducing purchase costs.

Power2SME

Series B in 2013
Power2SME operates an e-commerce platform dedicated to supplying commodities and industrial products to small and medium enterprises (SMEs) in India at competitive prices. The company aggregates SME demand for raw materials across categories such as chemicals, metals, and polymers, purchasing directly from manufacturers to sell to SMEs at optimal pricing. This process aims to enhance SME productivity and deliver measurable business value by reducing purchase costs.

Power2SME

Series A in 2012
Power2SME operates an e-commerce platform dedicated to supplying commodities and industrial products to small and medium enterprises (SMEs) in India at competitive prices. The company aggregates SME demand for raw materials across categories such as chemicals, metals, and polymers, purchasing directly from manufacturers to sell to SMEs at optimal pricing. This process aims to enhance SME productivity and deliver measurable business value by reducing purchase costs.

Noosh

Series C in 2009
Noosh is a provider of marketing and procurement software that specializes in managing print and related marketing expenditures. With over a decade of experience, Noosh offers a software-as-a-service solution designed to help enterprises and print outsourcers reduce print costs, enhance visibility and control, and maintain brand consistency. Headquartered in Silicon Valley, the company operates offices across North America and collaborates with leading print outsourcers globally. Its customer base includes large enterprises from various sectors, such as financial services, consumer products, and retail. Noosh's software streamlines critical processes, including the procurement and financial "source to pay" process and the marketing "design to delivery" process. This approach enables significant efficiency improvements and cost savings throughout the print supply chain. The platform facilitates seamless interaction among all stakeholders in the print procurement process, including marketing managers, agencies, print buyers, and suppliers, all within a user-friendly web interface.

Noosh

Series B in 2005
Noosh is a provider of marketing and procurement software that specializes in managing print and related marketing expenditures. With over a decade of experience, Noosh offers a software-as-a-service solution designed to help enterprises and print outsourcers reduce print costs, enhance visibility and control, and maintain brand consistency. Headquartered in Silicon Valley, the company operates offices across North America and collaborates with leading print outsourcers globally. Its customer base includes large enterprises from various sectors, such as financial services, consumer products, and retail. Noosh's software streamlines critical processes, including the procurement and financial "source to pay" process and the marketing "design to delivery" process. This approach enables significant efficiency improvements and cost savings throughout the print supply chain. The platform facilitates seamless interaction among all stakeholders in the print procurement process, including marketing managers, agencies, print buyers, and suppliers, all within a user-friendly web interface.

Noosh

Series A in 2003
Noosh is a provider of marketing and procurement software that specializes in managing print and related marketing expenditures. With over a decade of experience, Noosh offers a software-as-a-service solution designed to help enterprises and print outsourcers reduce print costs, enhance visibility and control, and maintain brand consistency. Headquartered in Silicon Valley, the company operates offices across North America and collaborates with leading print outsourcers globally. Its customer base includes large enterprises from various sectors, such as financial services, consumer products, and retail. Noosh's software streamlines critical processes, including the procurement and financial "source to pay" process and the marketing "design to delivery" process. This approach enables significant efficiency improvements and cost savings throughout the print supply chain. The platform facilitates seamless interaction among all stakeholders in the print procurement process, including marketing managers, agencies, print buyers, and suppliers, all within a user-friendly web interface.

Noosh

Venture Round in 1999
Noosh is a provider of marketing and procurement software that specializes in managing print and related marketing expenditures. With over a decade of experience, Noosh offers a software-as-a-service solution designed to help enterprises and print outsourcers reduce print costs, enhance visibility and control, and maintain brand consistency. Headquartered in Silicon Valley, the company operates offices across North America and collaborates with leading print outsourcers globally. Its customer base includes large enterprises from various sectors, such as financial services, consumer products, and retail. Noosh's software streamlines critical processes, including the procurement and financial "source to pay" process and the marketing "design to delivery" process. This approach enables significant efficiency improvements and cost savings throughout the print supply chain. The platform facilitates seamless interaction among all stakeholders in the print procurement process, including marketing managers, agencies, print buyers, and suppliers, all within a user-friendly web interface.

Brik

Brik is a construction material aggregator that facilitates procurement for small and mid-sized contractors by connecting them with vendors through its platform.

Axe

Axe is a software firm that develops procurement software for businesses.
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