About
Procurement Sciences AI, founded in 2022 in Washington, D.C., USA, develops AI tools to help companies more effectively respond to RFPs and other bid documents.
Full tier & rationale — an SVTR Intelligence benefit
Capital graph
Funding history
- 2025-11Series B$30M
Investors · Battery Ventures, Blu Ventures, Catalyst Investors, Bosch Ventures, Citi, Tower Research Ventures, K Street CapitalSource · SVTR Weekly #130 ↗
- 2024-04Series A$10M
Investors · Battery Ventures, Tower Research Ventures, K Street Capital, Blu VenturesSource · SVTR Weekly #048
Comparable companies· by market
This company
BusinessLatest roundTotal raisedDate- Procurement Sciences AI
AI tools that help companies respond more efficiently to RFPs (requests for proposal) and other bid documents
Series B · $40M · 2025-11
$40M
United States
BusinessLatest roundTotal raisedDate- DraftWise
Technology to help lawyers draft legal documents more efficiently
Series A · $20M · 2024-03
$20M - Patlytics
AI-based platform that helps companies and law firms automate tasks such as drafting patent applications, detecting potential infringement and creating detailed claim charts
Series B · $65M · 2026-04
$65M - Paxton AI
Generative AI services helping lawyers with legal research, document drafting and policy development
Series A · $28M · 2025-02
$28M
Europe
BusinessLatest roundTotal raisedDate- Lexroom.ai
AI that helps legal professionals research and draft legal documents efficiently
Series B · $71M · 2026-05
$71M - Definely
AI legal software that helps lawyers draft and review documents efficiently
Series B · $30M · 2025-06
$30M - Formality
Contract management platform that helps companies organize, track and automate legal documents
Undisclosed · $9M · 2024-10
$9M
Confirmed rounds only. Matched on subsector, sector, stage and funding scale — each verifiable on the company profiles.
Investors that may fit
Y Combinator
15 Legal deals in the last 24 months · 6 at a nearby stage · 9 in United States
Request intro →Sequoia Capital
11 Legal deals in the last 24 months · 3 at a nearby stage · 9 in United States
Request intro →General Catalyst
9 Legal deals in the last 24 months · 5 at a nearby stage · 3 in United States
Request intro →Lightspeed
7 Legal deals in the last 24 months · 3 at a nearby stage · 7 in United States
Request intro →Bessemer Venture Partners
6 Legal deals in the last 24 months · 2 at a nearby stage · 2 in United States
Request intro →Alumni Ventures
6 Legal deals in the last 24 months · 4 at a nearby stage · 4 in United States
Request intro →Ranked by each firm’s deals in this sector over the last 24 months, weighted by nearby stage and shared geography. Indicative only — no rating judgment.