LUPR Inc.

Summary

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. LUPR is disrupting the current "All-in-One Suite” model prevalent in Enterprise Procurement with our LUPR+Force.com ecosystem approach.  Buyers get real-time supplier performance data, savings pipeline visibility, and risk management automation. 

Product

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

2017

Industry

Technology - Software

Business Model

Enterprise SaaS 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

Supplier relationship management built on Salesforce that enables a secure, reliable and scalable solution 

  • Company-wide analytics, of suppliers in real-time 

  • Supplier & stakeholder collaboration

  • Seamless integration with legacy systems

Market Size

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

Target Customer

CFO’s & Procurement leaders at medium to large size manufacturing 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

Sales and marketing acceleration, product expansion and enrichment