Prolo secured £4.2 million in seed funding in an oversubscribed round led by Triple Point Ventures, with participation from a16z Scout Fund, Anamcara Capital, Concrete VC, Foundation Ventures, Haatch, Koro Capital, Love Ventures, and Portfolio Ventures. The company provides an AI-powered procurement platform for SME construction firms to source materials, equipment and labour at competitive rates. The funding will support go-to-market efforts, expand sales and marketing, and accelerate new technology and product feature rollout.
About Prolo
Prolo is an AI-powered procurement platform helping small and medium-sized construction firms source materials, equipment and labour at competitive market rates. It combines AI with human procurement specialists to source competitive pricing from a nationwide supplier network and offers flexible credit terms to help customers manage cash flow.
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Read Company ProfileFrequently Asked Questions
What type of funding round did Prolo raise?
Prolo raised a seed round.
How much did Prolo raise in its seed?
Prolo raised $4,200,000 GBP in its seed.
When did Prolo raise its seed?
Prolo raised its seed on 2026-07-14.
Who invested in Prolo's seed?
The investors in Prolo's seed are: Triple Point Ventures, a16z Scout Fund, Anamcara Capital, Concrete VC, Foundation Ventures, Haatch, Koro Capital, Love Ventures, Portfolio Ventures.
What type of investment was Prolo's seed?
Prolo's seed was a equity investment.
How will Prolo use the funds from its seed?
Prolo plans to use the funds for: support go-to-market strategy, expand sales and marketing capabilities, accelerate rollout of new technology and product features.