ProQsmart
ProQsmart is a digital platform that enhances procurement efficiency through AI-powered solutions, streamlining processes like supplier relationship management, e-sourcing, and spend analysis. It offers customizable features tailored to industries such as construction and hospitality, enabling clients to achieve significant cost savings and faster project deliveries. With a focus on collaboration and transparency, ProQsmart positions itself as a leader in the procurement software market, helping businesses optimize their capital expenditure management.
ProQsmart
ProQsmart is a digital platform that enhances procurement efficiency through AI-powered solutions, streamlining processes like supplier relationship management, e-sourcing, and spend analysis. It offers customizable features tailored to industries such as construction and hospitality, enabling clients to achieve significant cost savings and faster project deliveries. With a focus on collaboration and transparency, ProQsmart positions itself as a leader in the procurement software market, helping businesses optimize their capital expenditure management.
TL;DR
What they do: AI-powered e-sourcing and CAPEX procurement SaaS (e-tendering, e-auctions, RFx, SRM, spend analytics)
Target industries: Project-based sectors such as construction, manufacturing, hospitality, and F&B
Headquarters / US office: Middletown, Delaware (US office listed)
Team size (approx.): 8 employees
Funding stage: Pre-Seed
Company Overview
Problem Domain
Inefficient, manual, and opaque procurement processes for capital expenditure and project sourcing in project-based industries.
Industry
Procurement software / SaaS
Funding Track Record
130000.00
Investor Signal
“Upekkha Vertical AI Accelerator led the reported Pre-Seed round”