Procuros raises €20M to scale AI-native supply chain platform
What's the deal? Hamburg-based Procuros has raised €20 million in a Series A round led by Franco-German investor XAnge. W23Dealroom has a profile for this one. Try Dealroom → joined as a new backer, while existing investors Point Nine, Creandum, and b2venture returned.
What does it do? Procuros runs an AI-native platform that connects supply chains, replacing fragmented integrations with a single interface. Companies connect once and exchange orders, invoices, and shipping notices with many trading partners, regardless of their systems or data formats.
Why it matters? B2B commerce still leans on fragmented EDI systems, PDFs, and spreadsheets, forcing staff to transfer data and fix errors by hand. Connecting each new partner can tie up IT resources; Procuros aims to remove that work with centralized infrastructure.
By the numbers: More than 300 companies use Procuros, including BreuningerDealroom has a profile for this one. Try Dealroom →, KoRo, and flaconiDealroom has a profile for this one. Try Dealroom →. The platform now processes an annual order volume of more than €3 billion, and that network is central to the business model.
What's the endgame? Procuros plans to use the capital to further develop its platform and drive expansion in Europe and the US.
The signal: The round sits in the top 10% of all-time Series A deals for enterprise software startups in Germany, underscoring investor appetite for infrastructure that untangles B2B supply chains.
Read more: startbase.com
Image credit: Procuros
