ProcurityAI

Technology, Information and Internet • 108 W Iowa Dr, Harker Heights, United States • 1-10 Employees

Company overview

Headquarters	108 W Iowa Dr, Harker Heights, Texas 76548, US
Phone number	+17378991501
Website	procurityai.net
Keywords	Saas, Microsoft Azure, Acquistions, Govtech, Procurement Software, Goverment Contracting, Ai Agents, Azure Openai, Federal Acqusitions, Texas Acquistions
Founded	2023
Employees	1-10

Key Contact at ProcurityAI

Randolph Medina

Chief Operations Officer | Chief Product Officer | Co-Founder

About ProcurityAI

Company Overview: Founded in 2023 in Austin, TX, Procurity.AI, a majority veteran-owned enterprise based in Austin, TX, specializes in Artificial Intelligence (AI) -powered solutions for government procurement. Our flagship product, the A.I. Powered RFP Evaluation System, is designed to meet the specific needs of federal, state, and local government agencies. Problem and Solution: Government procurement is often hampered by complex regulatory requirements and intensely data-driven processing, with a high dependency on specialized skills. The advent of AI-enabled Vendor Proposal systems has geometrically amplified this pain with a deluge of proposals against each solicitation. Procurity.AI addresses these challenges with ProcurityIQ, a Generative AI-powered RFP Evaluation SaaS System that is the “brain” of the procurement process, powering the Solicit to Award (S2A) lifecycle in the overall Procurement process. Our decision-support software empowers government purchasers with data-driven insights and compliance verifications to make informed decisions rapidly. Our API-driven approach enables seamless integration with critical data sources and Procurement ERPs to power the Procurement ecosystem. Technology Differentiators: We use an LLM model-driven, multi-agent framework-based core architecture with reinforcement learning models, user-centric design, and flexible workflow automation. ProcurityIQ is in the Solicitation-to-Award solution space, a “white space” in the procurement lifecycle. With the advanced predictive analytics and intuitive 4D visualization that ProcurityIQ provides, our product’s AI offers unparalleled temporal-spatial analysis capabilities, positioning us for a competitive edge in the rapidly growing Procurement GovTech market. Our Value Proposition: Powered by ProcurityIQ, we aim to reduce procurement spending by 10- 15% and assist in 40-50% faster, data-driven procurement award decisions. We are a Microsoft ISV partner.

ProcurityAI revenue & valuation

Annual revenue	$513,330
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Technology, Information and Internet industry and current estimated revenues	$1,700,000
Total funding	No funding

Employees by Management Level

Total employees: 1-10

Seniority

Employees

C-Suite

Founder/Owner

Employees by Department

ProcurityAI has 2 employees across 2 departments.

Departments

Number of employees

Funding Data

ProcurityAI has never raised funding before.

Frequently asked questions

ProcurityAI is located in 108 W Iowa Dr, Harker Heights, US.

You can reach ProcurityAI at +17378991501.

ProcurityAI was founded in 2023, making it 3 years old. The company has established itself as a significant player in its industry over this time.

ProcurityAI has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.

Key Contact at ProcurityAI

Randolph Medina

Chief Operations Officer | Chief Product Officer | Co-Founder

4.8

40,000 users