BuyerQuest

BuyerQuest

BuyerQuest eProcurement and Procure-to-Pay Solutions. Learn more
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DateInvestorsAmountRound
N/A

$1.0m

Seed
N/A

$4.0m

Angel

$7.0m

Early VC

$4.0m

Early VC

N/A

Acquisition
Total Funding$16.0m

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BuyerQuest is a leading enterprise eProcurement platform designed to streamline and enhance procurement processes for large organizations. Operating in the B2B market, BuyerQuest serves clients across various industries, including manufacturing, healthcare, and education. The platform offers a comprehensive suite of tools for procure-to-pay (P2P) processes, including integrated catalogs, automated invoice processing, and supplier management. BuyerQuest's business model revolves around subscription-based software-as-a-service (SaaS), generating revenue through licensing fees and value-added services. The company aims to improve procurement efficiency, reduce costs, and increase transparency in the procurement lifecycle. Key features include cognitive buying, vendor identification, and spend management, making it a valuable asset for procurement executives looking to optimize their operations.

Keywords: eProcurement, P2P, SaaS, procurement efficiency, integrated catalogs, automated invoices, supplier management, cognitive buying, spend management, B2B.

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