
ProcureYard
AI-driven platform optimizing B2B raw materials procurement for construction, enhancing efficiency and transparency.
Date | Investors | Amount | Round |
---|---|---|---|
* | $1.7m | Seed | |
Total Funding | 000k |
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ProcureYard is a transformative platform in the B2B raw materials procurement sector, specifically targeting the construction industry. By leveraging advanced AI technology, ProcureYard modernizes traditional procurement processes, creating a transparent and reliable marketplace. This approach not only reduces costs but also simplifies sourcing for businesses, making it an invaluable partner for companies looking to optimize their procurement cycles. The platform's customer-centric approach and deep industry understanding have led to significant reductions in procurement cycle times, ensuring seamless operations and reliable performance. ProcureYard operates primarily in India, aiming to become the go-to platform for solving sourcing challenges and fostering sustainable growth in the construction materials market. The business model revolves around providing a digital ecosystem that connects suppliers and buyers, facilitating efficient transactions and generating revenue through service fees and partnerships. Keywords: AI, procurement, B2B, construction, marketplace, sourcing, efficiency, transparency, India, materials.