Procol: Funding, Investors & Team (Sep 2026)
It's the year 2020, and the world's largest spend taken place offline. We’re living in a world where we have Amazons. In contrast with the world of business purchases where 60% of the time is spent on cold calling, emailing, following-up, and even worse, a large number of transactional frauds happen on payments and deliveries. Resulting in ruined trust and suffered business relationships. In a market of trillion $ of business spend, Procol is building an all-in-one digital procurement platform — a single place for live auctions, collaboration, and intelligent insights. Backed by investors like Blume Ventures, Sequoia Surge, Beenext, and Rainmatter.
Procol has raised $4.0M across 1 funding round on record, the most recent an undisclosed round of $4.0M announced in Jul 2020.
That round is below the $7.5M median round size for Consumer Electronics companies tracked on FundedIQ over the last two years.
Procol Company Profile and Key Stats
Latest funding round on record: Jul 2020.
Procol Funding Rounds
Procol Founders and Leadership Team
Contact details for the Procol team: 1 of 1 has an email address on file.
Start 14-day free trial →Procol Funding Compared to Other Consumer Electronics Startups
Procol's latest round of $4.0M is below the median round in Consumer Electronics. Medians cover the last 24 months of disclosed rounds.
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Procol Funding FAQs
What does Procol do?
It's the year 2020, and the world's largest spend taken place offline. We’re living in a world where we have Amazons. In contrast with the world of business purchases where 60% of the time is spent on cold calling, emailing, following-up, and even worse, a large number of transactional frauds happen on payments and deliveries. Resulting in ruined trust and suffered business relationships. In a market of trillion $ of business spend, Procol is building an all-in-one digital procurement platform — a single place for live auctions, collaboration, and intelligent insights. Backed by investors like Blume Ventures, Sequoia Surge, Beenext, and Rainmatter.
How much funding has Procol raised?
Procol has raised $4.0M across 1 round on record. The most recent is an undisclosed round of $4.0M announced in Jul 2020.
When did Procol last raise funding?
Procol's most recent funding round on record is an undisclosed round of $4.0M, announced in Jul 2020.
Who is the CEO of Procol?
Gaurav Baheti is listed as CEO at Procol.
Where is Procol headquartered?
Procol is based in Gurgaon, Haryana, India.
How many employees does Procol have?
Procol is in the 11-50 employee band.
How does Procol's funding compare to other Consumer Electronics startups?
Procol's latest round of $4.0M is below the $7.5M median round size for Consumer Electronics companies on FundedIQ across 1,547 tracked companies over the last two years.
About FundedIQ's Procol 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 Procol is left off this page rather than filled in.
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