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Procol competitors & alternatives
The 12 closest competitors and alternatives to Procol among software companies — ranked by similarity to what Procol actually does, not by market-cap band.
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About Procol
Procol operates an agentic AI enterprise platform that helps major brands and businesses manage enterprise spend and procurement across multiple countries, with headquarters in New York, NY.
Procol at a glance
Procol is a software company headquartered in United States. It has raised at least $12.9M across the 3 funding rounds on record. Its most recent funding round, Series A, raised $6.4M in September 2022. Xcout tracks 1 named person at Procol, including Gaurav Baheti (Founder and CEO).
Procol leadership
- Gaurav BahetiFounder and CEO
Procol funding rounds
At least $12.9M raised across the 3 rounds on record. Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Series A | $6.4M | 2 named | |
| Series A | $5.5M | — | |
| — | $1M | 6 named |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Top 12 Procol competitors
Ranked by semantic similarity — how close each company is to Procol by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Similar software company
Arcol is a software development company headquartered in New York, NY, that provides an authoring platform for designing buildings. It integrates construction intelligence, enabling AI agents and teams to collaborate directly on architectural design.
SaaS
Mercanis is a Berlin-based technology company building an Agentic AI Procurement Suite designed to make enterprise procurement digital, transparent, and intelligent.
SaaS
Levelpath provides an AI-native procurement orchestration platform for enterprises. It helps organizations manage procurement intake, purchasing workflows, supplier interactions, and related processes through a unified system.
SaaS
Ajaia is an enterprise AI consulting and implementation firm headquartered in New York, helping organizations define AI strategies, train workforces, and optimize workflows.
Enterprise Software
Fairmarkit is a software development company headquartered in Boston, Massachusetts. The enterprise provides an AI-powered autonomous sourcing platform that utilizes specialized agents to automate procurement lifecycles and accelerate business cycle times.
SaaS
Cirql One provides a business context platform designed for SAP-heavy enterprises to make their data AI-ready. The company's software extracts and formalizes business logic, rules, and semantics from SAP and other enterprise systems to help organizations govern, explain, and scale their AI applications.
Enterprise Software
VCola is an AI-native enterprise application platform company headquartered in Dublin, Ireland. It partners with Concho AI to combine automated architecture discovery and agentic application development for transforming legacy codebases.
SaaS
akirolabs is a Germany-based SaaS company that provides an AI-powered strategic procurement and category-management platform. It serves enterprise procurement teams by supporting collaborative sourcing, spend analysis, and procurement planning and execution.
SaaS
Arkestro Inc. provides a predictive procurement platform utilizing predictive science and integrations, and is headquartered in San Francisco, California.
Consulting
Newcode.ai is an AI system designed for forward-thinking firms, including leading law firms, Fortune 500 companies, and in-house legal teams. It offers strategic partnerships to provide direct access to its AI capabilities, and is headquartered in New York, NY.
Procurement Software
Precoro provides a cloud-based procurement and spend management software platform designed to help businesses automate purchasing and accounts payable processes.
Similar software company
Simpli operates an AI-powered tool and supply platform designed to connect charities, government entities, and other organizations. Headquartered in New York, New York, the for-profit company provides technological solutions aimed at fostering social impact.
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