Procure IT Raises $4.8m for IT Procurement Platform

Procure IT, a data-driven IT procurement and management company, has raised $3.5 million in a new round of funding, bringing the total initial funding to $4.8 million.

The company promises to combine people, processes and software to create a platform for IT procurement, spend, performance and risk management.

This funding round includes investments from digital marketing and technology leaders Paul Filsinger and Giancarlo Maniaci, who also will serve as advisors to Procure IT’s leadership team.

Procure IT’s managing partners, along with investors, plan to raise additional capital before seeking private equity funding within the next two years.

To learn more about leveraging the Procure IT platform to simplify and optimize the IT environment, visit www.procureit.com. To speak to a Procure IT sourcing expert, visit  www.procureit.com/contact or contactus@procureit.com.

Suppliers interested in becoming part of the Procure IT platform can connect with the supplier management team by emailing suppliers@procureit.com.