Procurified, UAE’s construction tech startup, raised $ 1.1m in a seed round led by Aditum Investment Management, with participation from US-based Signal Peak Ventures, Al Hathboor Group, Empede Capital, and strategic angel investors.
“We are delighted to have closed our seed round with really great Investors. Our priority now is to establish an awesome team so we are hiring for key roles in product, engineering and sales. We are excited about our ambitious growth trajectory, with our Series A Round in the next 12-18 months,” Rupert Tait, co-founder of Procurified, said.
The platform connects buyers to their vendors to automate a very manual excel and PDF reliant process of project bidding.The platform is aimed at helping automate quoting for sellers, reviews for buyers, and insights for makers.
The startup will use the funds to further its growth and building their team.
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