CoProcure: Funding, Investors & Team (Oct 2026)
CoProcure aims to solve the information gap in public purchasing. Local U.S. governments spend $1.5T / year (7% of U.S. GDP) buying goods and services. Government buyers must purchase from contracts created through formal competitive bidding, a 4-24 month-long process. As an alternative to creating a new contract, buyers may purchase from contracts that other governments have created. Today, about 20% of government purchasing flows through shareable contracts, which government buyers discover via phone calls and emails to colleagues. CoProcure’s marketplace of competitively bid contracts can be reused by government buyers, saving government employees time, taxpayers money, and reducing the cost of selling to governments for suppliers. CoProcure does not sell to governments, so we avoid going through procurement ourselves.
CoProcure has raised $24.4M across 2 funding rounds on record, the most recent a Series A of $22.0M announced in Mar 2022.
That round is above the $3.6M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
CoProcure Company Profile and Key Stats
Latest funding round on record: Mar 2022.
CoProcure Funding Rounds
CoProcure raised $2.4M in an undisclosed round announced in May 2020.
1.8 years later, a Series A of $22.0M was announced in Mar 2022.
CoProcure Founders and Leadership Team
Contact details for the CoProcure team: 1 of 1 has an email address on file.
Start 14-day free trial →CoProcure Funding Compared to Other Commerce and Shopping Startups
CoProcure's latest round of $22.0M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like CoProcure in Commerce and Shopping and San Francisco
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CoProcure Funding FAQs
What does CoProcure do?
CoProcure aims to solve the information gap in public purchasing. Local U.S. governments spend $1.5T / year (7% of U.S. GDP) buying goods and services. Government buyers must purchase from contracts created through formal competitive bidding, a 4-24 month-long process. As an alternative to creating a new contract, buyers may purchase from contracts that other governments have created. Today, about 20% of government purchasing flows through shareable contracts, which government buyers discover via phone calls and emails to colleagues. CoProcure’s marketplace of competitively bid contracts can be reused by government buyers, saving government employees time, taxpayers money, and reducing the cost of selling to governments for suppliers. CoProcure does not sell to governments, so we avoid going through procurement ourselves.
How much funding has CoProcure raised?
CoProcure has raised $24.4M across 2 rounds on record. The most recent is a Series A of $22.0M announced in Mar 2022.
When did CoProcure last raise funding?
CoProcure's most recent funding round on record is a Series A of $22.0M, announced in Mar 2022.
Who is the CEO of CoProcure?
Mariel Reed is listed as CEO at CoProcure.
Where is CoProcure headquartered?
CoProcure is based in San Francisco, California, United States.
How many employees does CoProcure have?
CoProcure is in the 11-50 employee band.
How does CoProcure's funding compare to other Commerce and Shopping startups?
CoProcure's latest round of $22.0M is above the $3.6M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's CoProcure Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for CoProcure is left off this page rather than filled in.
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