From TechCrunch
By Kyle Wiggers
November 1, 2023
Grants are the lifeblood of many organizations. But procuring them often turns out to be a time-consuming, labor-intensive process. Writing a proposal can take hundreds of hours, require the services of a specialized grant writer and cost thousands of dollars — narrowing the pool of potential applicants. Sean Carroll, the former chief of staff and […]
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Procurement management software startup Oro Labs lands $34M investment
Companies are increasingly struggling with procurement — the strategic process of acquiring goods and services to execute tasks across the organization. According to a recent survey from procurement network Procurious and Ivalua, a provider of spend management solutions, 32% of procurement teams admit to having “cut corners” under executive pressure to respond to challenges “more […]
Nov 1, 2023
Lightyear is on a mission to modernize network procurement
Dennis Thankachan isn’t someone you’d expect would launch a digital procurement startup. After college, Thankachan went to work for Goldman Sachs as an investment banker. Two years later, he left for a hedge fund, PointState Capital, where he helped to manage equity investing. At PointState, which specializes in telecommunications, Thankachan said he encountered an unexpected challenge: having to make multiple phone calls and wait weeks to procure networking technology. Inspired to try modern
Nov 19, 2024
How startups could be affected by a prolonged government shutdown
Slow or stopped permitting and a frozen visa process are existential threats for some startups.
Oct 2, 2025
Procurement management platform Levelpath raises $30M
Back in 2014, Stan Garber and Alex Yakubovich set out to reinvent the request for proposals (RFP) process with the launch of Scout RFP, which provides a cloud-based sourcing solution designed to help organizations source faster — and, ideally, easier. Scout RFP was acquired by Workday in 2019, and Garber and Yakubovich decided to stay […]
Sep 18, 2023