ProcurePro

ProcurePro is construction’s #1 procurement software for head contractors,
setting a new standard of innovation for the built world.

Learn more > https://procurepro.co

15/05/2026

ProcurePro has raised $15M to bring AI procurement control to construction.

The round is led by QIC Ventures, one of Australia's largest sovereign wealth funds, with existing investors Airtree and Glitch Capital and global construction group Bouygues (via ISAI) joining in. It values ProcurePro at over $100 million.

Construction is an $18 trillion industry running on margins of just 1–4%. By the time procurement closes, 80% of a project's cost is already locked in.

Yet most main contractors still manage that critical window through fragmented spreadsheets and email chains.

ProcurePro changes that. One platform. The full procurement lifecycle. Real visibility and control before contracts are signed.

The capital accelerates our AI product roadmap - including BidLevel, our AI bid comparison tool - and supports continued expansion across the UK, Middle East, North America, and ANZ.

Huge thanks to our customers, team, and investors. The work continues.

📰 Read the full announcement: https://hubs.li/Q04gNJvW0

30/04/2026

Ian Fleming sat in this building and invented James Bond.

Churchill made world-altering decisions in these rooms. Spies plotted in these corridors.

Today, construction's finest are gathered under the same roof at the Procore Innovation Summit. Engineering complex projects, running billion-pound programmes, and shaping skylines across the UK.

The construction industry's greatest villain isn't delays, or disputes, or rising material costs.

It's a spreadsheet called FINAL_v2_ACTUAL_FINAL(3)_USE_THIS_ONE.xls,
and nobody knowing where procurement is actually up to.

The mission, should they choose to accept it: full visibility and full control. From first budget to final account.

That's what we're here for. Come find us 👷

22/04/2026

"Are you the same as Procore?"
No.

"Are you sure?"
Yes.

"But you both do construction software?"
Yes.

"And you both start with Pro?"..yes.

"So basically the same thing?"

Procore manages your projects. ProcurePro controls how you procure them.

Different problems. Different tools. Very similar names.

We'll be at the Procore Innovation Summit next week - come find us and we'll clear up any remaining confusion in person.

20/04/2026

This is what procurement looks like when it has a home.

Every step connected. Estimating handover flows into the procurement schedule. Scope of works feeds the tender. Quotes come back into a single comparison. Approval happens in the same place. Contract gets signed. Vendor performance tracked. Analytics close the loop.

No handoffs lost in email. No version sitting in someone's personal drive. No chasing a QS for an update they have to dig out of a spreadsheet.

When the process is connected end-to-end, something changes. It's not just faster - it's controllable. You can see where every package sits, who's accountable, and what needs to happen next.

That's the difference between managing procurement and being in control of it.

15/04/2026

What a night.

A big thank you again to everyone who came out to our 2026 Top Out Party. Great people, great conversations, and a very good reminder that this industry is built by people who know how to show up.

Here’s a look back at the night.

Now for the important question: where should we go next, and who’s coming?

14/04/2026

Count the tools in this image.

Word. Excel. PDF. Hard copies. Post. Phone calls. Scan docs. Share drive. Finance system. WhatsApp. Email. RFI register. Project folder. MS Teams. SharePoint. WeTransfer. Bluebeam. Outlook. Phone book.

That's one package.

Most contractors are running 50+ packages per project across that exact stack. No single source of truth. No audit trail. No way of knowing, at any given moment, whether you're on top of it or about to get caught out.

The late nights aren't because procurement is hard. They're because the tools weren't built for it.

Procurement deserves a home - not a workaround.

08/04/2026

Construction is a $12.3 trillion industry. By 2045, it'll be $24 trillion.
And most of it is still being procured on spreadsheets.

That's not a dig at the people running procurement - they're working with what they've got. It's a reflection of how little the tools have kept up with the scale of the industry.

The buildings are getting bigger. The contracts are getting more complex. The margins are getting thinner. But the process hasn't changed.

The industry that builds the world deserves better than a spreadsheet.

07/04/2026

The best commercial directors don't just react. They see what's coming.
That's what AI does for your procurement team.

When your data is structured and connected, AI can act as a co-pilot - flagging a subbie who's quoting 30% above benchmark, surfacing a package that's been sitting without a response for two weeks, telling your QS exactly what needs attention today and what can wait.

It's not replacing your people. It's giving every member of your team the visibility and instinct of your most experienced commercial leader.

That matters because control in procurement isn't a single moment - it's hundreds of small decisions made consistently across every project, every package, every day. When one person misses a risk flag or chases the wrong thing, margin erodes quietly. By the time it shows up, it's too late.

02/04/2026

No two quotes come back the same.

Different assumptions, different exclusions, different formats. Your QS spends days building a spreadsheet just to get them onto the same footing before anyone can make a sensible call.

It's the most time-consuming part of the process - and the most error-prone. Miss a qualification buried in a subbie's submission and you're absorbing the gap after award.

BidLevel, our AI bid comparison tool, does it in seconds.

Upload the quotes. It extracts the data, spots the gaps and inconsistencies, and presents a clean, levelled comparison - so your team can see exactly where each subbie stands against the same scope baseline.

Same rigour. A fraction of the time.

31/03/2026

Your pricing data is already there. You're just not using it.

Every tender you run, every quote you receive, every package you award - that's live pricing intelligence. Most of it disappears into an inbox or a spreadsheet and is never seen again.

AI changes that.

ProcurePro aggregates your historical tender data into a searchable, always-current benchmark library. So the next time your QS is pricing a concrete package or your commercial director is negotiating with a subbie, they're working from real numbers - not gut feel, not whoever had the strongest opinion in the room.

That's where control starts. Not at award - at the moment you're forming a view on price.
When your whole team is anchored to the same benchmarks, you get consistent decisions across every project. Fewer surprises at final account. Less margin left on the table because one person estimated conservatively and another didn't.

The data was always yours. Now it gives you control over how you buy.

Address

Brisbane, QLD
4000

Website

http://procurepro.co/

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