# Procurement Partners: Information technology & services, Champaign, United States

> Procurement Partners: Procurement Partners is a provider of healthcare procurement and supply chain management services, focusing on spend management and...

Source: https://millionrounds.com/startup/procurement-partners (Millionrounds; every figure on the page links to its filing or article)

United States · [Information technology & services startup](https://millionrounds.com/companies)

# Procurement Partners

Procurement Partners is a provider of healthcare procurement and supply chain management services, focusing on spend management and procure-to-pay (P2P) technologies.

Funding reported Last round: Private Equity

Information technology & services Champaign, United States

Company summary

- **Founded:** 2010 16 years old
- **Team:** 140 51 to 200 people
- **Funding reported:** - none reported
- **Last round:** Private Equity Dec 2020

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Procurement Partners has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Procurement Partners

Procurement Partners is a provider of healthcare procurement and supply chain management services, focusing on spend management and procure-to-pay (P2P) technologies.

Founded in 2010 and based in Brookfield, Wisconsin, the company aims to streamline procurement processes for healthcare organizations, enhancing operational efficiency. The company offers a range of services, including spend management, inventory operations technology, accounts payable automation, and invoice auditing. Its platform connects over 10,000 locations and hundreds of integrated providers and vendors, automating tasks related to contracting, purchasing, and payments. Procurement Partners processes over $4 billion in transactions annually, helping clients reduce off-contract spending and improve efficiency. The core product is a cloud-based P2P solution that automates the entire procurement process. Key features include automated budget management, invoice management, and vendor management. The platform serves over 1,000 healthcare providers, including hospitals and various care organizations, supporting their transition to automated workflows while prioritizing patient care.

## What company datasets say Procurement Partners raised

Funding, as reported

The last round reported **Private Equity** Dec 2020

Last round date **Dec 2020**

## Founders and team

From Procurement Partners's own website: 7 on the team.

- **Adam Laskey** Chief Executive Officer
- **Andrea Schwartz** Senior Vice President of Operations
- **Bill Dorn** Chief Product Officer
- **Jim Olsen** Chief Technology Officer
- **Marjorie Adair** Chief Financial Officer
- **Nicole Logue** Chief People
- **Spencer Calvert** Chief Commercial Officer

## The company, in detail

What they build

Known for

health care skilled nursing inventory management transaction processing assisted living invoice processing information technology & services spend management financial services accounts payable automation eprocurement hospital & health care invoice automation health saas procurement automation

Built with from their website

Pendo. Salesforce Service Cloud Atlassian QuickBooks CloudFlare WP Engine Hubspot Atlassian Confluence.NET AWS Analytics

+8 more

AI NetSuite Vector CloudFlare CDN Microsoft Exchange Salesforce MySQL Microsoft 365 Apps & Services

- **Sector:** Information technology & services
- **Industry code:** NAICS 513210, 541512, SIC 7372, 7373
- **Region:** Illinois
- **Revenue:** $5.0M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/procurement-partners)

## Information technology & services in United States

Startups like it

- [**Databricks** San Francisco · founded 2013 *Raised*](https://millionrounds.com/company/databricks)
- [**Waymo** Mountain View · founded 2009 *Raised*](https://millionrounds.com/company/waymo)
- [**Crusoe** Denver · founded 2018 *Raised*](https://millionrounds.com/company/crusoe)
- [**Cursor** San Francisco · founded 2017 *Raised*](https://millionrounds.com/company/cursor)
- [**Thinking Machines Lab** San Francisco *Raised*](https://millionrounds.com/company/thinking-machines-lab)
- [**Cognition** San Francisco *Raised*](https://millionrounds.com/company/cognition)
- [**Polymarket** New York · founded 2020 *Raised*](https://millionrounds.com/company/polymarket)
- [**Harvey** San Francisco · founded 2022 *Raised*](https://millionrounds.com/company/harvey)

## Is this your company?

Add your raise, your deck and your story, and put Procurement Partners in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)