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Procureship

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Smart City & ClimateMarine Tech
2016
Year Founded
2021
Year Selected
Amaroúsion, greece
Location(s)
21-50
Team Size

THE MISSION

Procureship, a Scale Up Cohort 2 member,  is a digital platform that streamlines the maritime procurement cycle, connecting shipping companies, ship suppliers, and service providers. With end-to-end cycle optimization, Procureship enhances the entire procurement process, offering a flexible workflow that integrates directly with vendors and supports add-on modules for existing systems.

Their cloud-based platform provides speed, flexibility, and effortless data access, equipped with tools like a supplier recommendation engine, analytics, and machine learning capabilities. Procureship fosters long-lasting partnerships between shipping companies and suppliers, improving efficiency and collaboration across the industry.

Procureship is trusted by over 85 shipping companies and thousands of suppliers worldwide, including RMS Group, Sinwa, Wilhelmsen, and Neptune Lines. They are currently used on more than 2,000 vessels, with over 8,000 suppliers and 200 integrated suppliers, contributing to a $400 million turnover. Procureship has also signed an agreement with SpecTec Group to further enhance its platform.

Procureship in Three: What problem is Procureship solving? Procureship addresses inefficiencies in maritime procurement by streamlining the connection between buyers and sellers, optimizing processes, and reducing costs.

What’s innovative about Procureship? Procureship leverages advanced technologies to revolutionize traditional maritime operations, providing a secure and user-friendly platform that fosters open and fair trade.

Who can use Procureship? Maritime industry buyers and suppliers seeking to optimize procurement processes, cut costs, and generate new revenue streams.

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Endeavor Scale-up Program: 2nd Cohort

Jan 10, 2021
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