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Procurement Sciences secures $10M in Series A funding

Procurement Sciences secures $10M in Series A funding
Procurement Sciences secures $10M in Series A funding

Procurement Sciences AI, a Washington, DC-based AI-driven platform for government contractors, raised $10M in Series A funding.

Battery Ventures led the round, with Tower Research Capital, K Street Capital, and Blu Ventures participating. Brandon Gleklen from Battery Ventures and Jared Young from Tower Research joined the board.

The company plans to use the capital to expand operations and enhance its AI-powered bidding-intelligence software.

Led by CEO Christian Ferreira, Procurement Sciences AI specializes in automating government procurement workflows, serving top defense firms and numerous SMEs.

Ferreira noted, "Our tools reallocate time and energy towards more effectively delivering goods and services."

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