Procol
PrivateLast Round
Series A
Sep 13, 2022
Est. Valuation
$75M
Total Funding Raised
$11.5M
Momentum
Top 1%
of companies Caplight tracks
Company Overview
Procol operates in Enterprise Software and is based in New Delhi, Delhi. Its latest recorded funding round was a Series A round in September 2022.
Procol is a procurement technology company that provides a software platform to help enterprises streamline manual procurement processes, manage vendors, and reduce costs.
Sector
Enterprise Software
Verticals
Supply Chain, Workflow Automation, Compliance & Risk, Accounting & Expense, Business Intelligence
Business Model
B2B
Customer Profile
Subscription SaaS, Services & Consulting
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Procol Comparables
Compare Procol with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Aerchain | 89% | |
| Arkestro | 85% | |
| Keelvar | 84% |
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Procol Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Sep 13, 2022 | ||||
| Seed | Jul 14, 2020 | ||||
| Seed | Jul 17, 2019 |
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Key People
Founding team and executive leadership
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Procol Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Surge | Series A, Seed |
| Peak XV Partners | Seed |
| FounderBank Capital | Series A |
| Rainmatter Capital Fund | Seed |
| ESAS Ventures | Series A |
| Blume Ventures | Seed, Series A |
| BEENEXT Capital Management | Seed, Series A |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Nov 5, 2026
Attending and presenting at Gartner IT Symposium/Xpo 2026 in Kochi, India.
- Nov 5, 2026
Clara 2.0, a multi-agent source-to-pay platform, will launch at Gartner IT Symposium/Xpo 2026.
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Recent news
Latest coverage and updates
- launchesNov 5, 2026
Procol Tech Inc. plans to launch Clara 2.0, a multi-agent source-to-pay platform that orchestrates procurement and finance workflows, at Gartner IT Symposium/Xpo 2026 at the Grand Hyatt Kochi Bolgatty in India on Nov 16th–18th '26.
- attends_eventNov 5, 2026
Procol Tech Inc. launches Clara 2.0, a multi-agent source-to-pay platform, at Gartner IT Symposium/Xpo 2026 in India from Nov 16th-18th '26.
- recognized_asOct 5, 2026
Everest Group has recognized Procol Tech Inc. as the only Indian vendor among 16 global providers in its Innovation Watch: AI-Powered Spend Intelligence 2026, positioning it as an “Influencer” in the assessment in India.
- launchesSep 23, 2026
At DPW Amsterdam 2026 in Netherlands, Procol Tech Inc. is set to unveil AI agents that enable procurement teams to trigger complete workflows through plain-language requests across SAP Ariba, Coupa, and Oracle without data migration.
- attends_eventSep 23, 2026
At DPW Amsterdam 2026 in Netherlands, Procol Tech Inc. plans to unveil its role-based command center, which executes multi-step procurement workflows across SAP Ariba, Coupa, and Oracle without IT migration.
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Procol Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Procol's valuation, stock price, and market status.
Is Procol a public or private company?
Procol is a private company.
What is the current stock price of Procol?
Procol is a private company, so its shares have no public market price. Caplight tracks Procol's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Procol worth (valuation)?
Procol's valuation is estimated at $75.0M based on funding round data.
Can I buy Procol stock?
Procol shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Procol's last funding round?
Procol's most recent funding round was Series A on September 13, 2022.
Who are the main investors in Procol?
Key investors in Procol include Surge, FounderBank Capital, Rainmatter Capital Fund, ESAS Ventures, Blume Ventures.
Will Procol IPO soon?
No public IPO plans have been announced for Procol.
How can I track Procol secondary market activity?
Caplight tracks bids, offers, and trades in Procol's shares on secondary markets.