# ProcurePro funding: rounds and investors

> ProcurePro has raised $17M across 2 rounds since 2024. Investors include Airtree Ventures, QIC Ventures and Isai. Every round with its source.

Source: https://millionrounds.com/company/procurepro (Millionrounds; every figure on the page links to its filing or article)

Australia · [Undisclosed round startup](https://millionrounds.com/companies)

# Who invested in *ProcurePro*

2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI B2B Construction Supply Chain

Raised 6 months ago

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Funding summary Updated 5 Nov 2026

**$17M** raised across 2 rounds since 2024, from 4 sources

**$6.2M** Seed **$11M** Round

- **Latest round:** Round, $11M May 2026
- **Led by:** QIC Ventures
- **Step-up i:** 1.8×
- **Investors:** 5 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2024 2025 2026

**$6.2M** Seed

**$11M** Round

- **First round:** Seed, $6.2M
- **Biggest round:** $11M
- **Between rounds:** 2.3 years

## The rounds

- **May 2026** Round **$11M** *4 new* *1 returning* [QIC Ventures](https://millionrounds.com/fund/qic-ventures) Lead [Airtree Ventures](https://millionrounds.com/fund/airtree) [Isai](https://millionrounds.com/fund/isai) [Glitch Capital](https://millionrounds.com/fund/glitch-capital) [Bouygues](https://millionrounds.com/fund/bouygues) Reported by Ventureburn and 2 others
- **Jan 2024** Seed **$6.2M** *1 new* [Airtree Ventures](https://millionrounds.com/fund/airtree) Source recorded

## Founders and team

From ProcurePro's own website: 5 founders, 11 on the team.

**Alastair Blenkin** Founder & CEO

**Jesse Dymond** Co-Founder & Head

**Nathan Denchman** Co-Founder & Head

**Tim Rogers** Co-Founder & Head

**Tom Newby** Co-Founder & Head

- **Adam Brown** Global Head of Marketing
- **Gary Evans** Head of Customer
- **Nathan Seldon** VP of Global Sales
- **Phil Murray** Head of Procurement - ANZ
- **Shilpa Mohan** VP of Operations
- **Tammy Bennett** Head of Procurement - IRE
- **Tegan Lopeman** Head of Customer
- **James Metcalfe** Regional Director
- **John Henderson** Board Member
- **Nick Capell** Board Member
- **Paul Perrett** Board Member

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2024 **Round** 2026 [Airtree Ventures](https://millionrounds.com/fund/airtree) [QIC Ventures](https://millionrounds.com/fund/qic-ventures) L [Isai](https://millionrounds.com/fund/isai) [Glitch Capital](https://millionrounds.com/fund/glitch-capital) [Bouygues](https://millionrounds.com/fund/bouygues)

## Everyone who backed them

[Airtree Ventures](https://millionrounds.com/fund/airtree) VC firm **2** rounds

[QIC Ventures](https://millionrounds.com/fund/qic-ventures) VC firm **1** round, led 1

[Isai](https://millionrounds.com/fund/isai) VC firm **1** round

[Glitch Capital](https://millionrounds.com/fund/glitch-capital) VC firm **1** round

[Bouygues](https://millionrounds.com/fund/bouygues) Corporate VC **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=procurepro).

## Quick answers about ProcurePro

### Who invested in ProcurePro?

ProcurePro's investors include Airtree Ventures, QIC Ventures, Isai, Glitch Capital and Bouygues. QIC Ventures led its latest round.

### How much has ProcurePro raised?

ProcurePro has raised $17M across 2 rounds since 2024.

### When did ProcurePro last raise?

ProcurePro's most recent round was an Undisclosed round of $11M in May 2026, led by QIC Ventures.

### What was ProcurePro's biggest round?

Its most recent round, $11M in May 2026, is also its largest on record.

### Who backed ProcurePro first?

ProcurePro's first round on record, in Jan 2024, was backed by Airtree Ventures.

### What stage is ProcurePro at?

ProcurePro's latest named round is an Undisclosed round, in May 2026.

### Where is ProcurePro based?

ProcurePro is based in Australia.

### Who led ProcurePro's rounds?

QIC Ventures led the Undisclosed round in 2026.

## Companies like ProcurePro

In the same sector, and raised in the last eighteen months.

[**Athena** $115M · Nov 2026](https://millionrounds.com/company/athena)[**Metacognition** $5.0M · Oct 2026](https://millionrounds.com/company/metacognition)[**Bizcap** $175M · Oct 2026](https://millionrounds.com/company/bizcap)[**HEX** $101M · Oct 2026](https://millionrounds.com/company/hex)[**Cuttable** $29M · Oct 2026](https://millionrounds.com/company/cuttable)[**OpenDebt** $2.0M · Sept 2026](https://millionrounds.com/company/opendebt)

## Find investors like these

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