LUPR Inc.

Summary

Product

Key supplier data is siloed in procurement suite modules, spreadsheets, and email inboxes making it impossible for Buyers to respond nimbly to today's supply chain challenges. We're disrupting the current "All-in-One" Suite model prevalent in Enterprise Procurement with our LUPR+Force.com Ecosystem approach. Buyers get real-time performance data needed to make critical buying decisions and access to AppExchange apps that make assessing risk and contracting easier.

Salesforce platform adapted for the Buyer, and enhanced with processes and objects to manage supplier performance, risk, and savings in real-time.

Contact 

Sean Harley, CEO and Co-founder

sean.harley@lupr.com

+1 ‭(201) 870-0667‬

Locations

East Rutherford, NJ, Palo Alto, CA, Tel Aviv, Israel

Headquarter: East Rutherford NJ

Year Founded

U.S. and Europe (as of Q4, 2021)

Industry

Technology - Software

Business Model

SaaS buyer-paid subscription model

Management Team

Founders pioneered eSourcing software while at FreeMarkets-Ariba and have over 15 years of Salesforce CRM consulting experience.

Employees

9

Geographic Focus

North America and Europe (as of Q4, 2021)

Competitive Advantage

Ecosystem approach built on Salesforce's Force.com platform enables customers to improve the effectiveness of supplier performance, risk and savings management with less effort.

Market Size

Procurement software market is valued at $6 billion and growing at 9.5% annually

Target Customer

Procurement leaders (CPOs, Procurement executives, CFOs) at large and medium industrial companies

Competitors

SAP/Ariba, Oracle, Jaggaer, iValua, Coupa, and Zycus

Customers

CF Industries, Holcim

Revenue (MRR)

$15,000 MRR (projected Q1, 2022)

Funding Sought

$3.0M Series A

Previous Financing

No

Funding Purpose

Fund sales and software development