Precoro is a SaaS startup founded in 2014, based in the United States. The company's slogan "Spend smarter. Approve faster. Make better purchasing decisions. Everything is within one platform." encapsulates its mission to provide a comprehensive solution for procurement and AP automation. Operating in more than 80 countries, including the USA, UK, Europe, and Asia, Precoro aims to streamline purchasing processes, enhance business efficiency, and simplify day-to-day operations through digitization. Precoro's cloud-based platform enables procurement and finance managers to streamline their operations, centralize purchasing, and improve spending visibility, ultimately minimizing human error. The company challenges the notion that purchasing software is expensive and difficult to implement. Instead, they aim to provide a user-friendly solution that makes procurement easy for businesses of all sizes and industries. In its latest funding round on 28 March 2022, Precoro secured a Non Equity Assistance investment from Google for Startups. This partnership signifies a vote of confidence in Precoro's potential for growth and its innovative approach to transforming the procurement landscape.
Funding Stage | Amount | No. Investors | Investors | Date |
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Non Equity Assistance | Unknown | 1 | Google for Startups | 28 Mar 2022 |
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