Procoto — Startup Profile

Self-service RFP and procurement management for SMBs

HQ: St. Petersburg, FL | Founded: 2020 | Employees: 3 | Stage: Pre-Seed | Website: https://procoto.com

About

Procoto makes running RFPs, tracking contracts, and managing vendors simple and affordable for SMBs. Alternative to SAP/Coupa and spreadsheets. Founded by childhood friends Michael Otis (CEO) and Ryan Muckel (founders built procurement at startups). YC W21. $750K raised ($125K YC, $625K TampaBay.Ventures). St. Petersburg, FL.

The Take

Niche procurement play for SMBs. First YC grad in Tampa Bay. Small funding ($750K) and team. Differentiated by simplicity and affordability vs SAP/Coupa.

Key People

• Michael Otis
• Ryan Muckel

Key Competitors

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• —
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Timeline Highlights

• 2021-07: Raised $750K pre-seed from TampaBay.Ventures + YC
• 2021-01: YC W21 batch
• 2020: Procoto founded

Recent News

• (2021-03-15)
• (2022-08-10)

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