Prolo has secured fresh funding to expand its AI-powered procurement platform, helping smaller construction firms streamline sourcing, access better pricing, and improve cash flow through a more efficient purchasing process.
Prolo, an AI-powered procurement platform helping
small and medium-sized construction firms source materials, equipment and
labour at competitive market rates, has secured £4.2 million in seed funding. The
oversubscribed round was led by Triple Point Ventures, with participation from
a16z Scout Fund, Anamcara Capital, Concrete VC, Foundation Ventures, Haatch, Koro Capital, Love Ventures, and Portfolio Ventures.
Prolo raises £4.2m from Triple Point Ventures to transform construction procurement with AI-powered sourcing and 90-day credit…
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The fund will be utilised to strengthen research and advisory capabilities, expand team across functions, and support market…
The funding will strengthen its core research and advisory capabilities, expand its internal teams across various business…
