Procurement Sciences AI Secures $10M to Revolutionize Government Contracting with AI
Procurement Sciences AI offers workflow automation software to help government contractors search for bids and create proposals more efficiently.
Company Name: Procurement Sciences AI
Location: Washington, DC
Sector: Government Contracting/Technology
Funding Details: Raised $10M in Series A funding led by Battery Ventures, with participation from Tower Research Capital, K Street Capital, and Blu Ventures.
Purpose of Investment: To expand operations and development efforts.
Leadership: CEO and Founder Christian Ferreira.
“Government procurement is notably competitive and often seems out of reach for many small to medium-sized businesses that lack the necessary expertise and time to identify suitable bids, let alone prepare a compelling proposal. With our AI-powered tools, government contractors can now reallocate their time and energy towards more effectively delivering goods and services.” - Christian Ferreira
Product: A bidding-intelligence platform that uses AI to streamline the procurement workflow for government contractors.
About Company: Procurement Sciences AI offers workflow automation software to help government contractors search for bids and create proposals more efficiently.
