--- title: "About Us | Precoro's Mission, Team & Milestones" description: "Everything you wanted to know about Precoro [Company Page]" url: "https://precoro.com/about" --- # About us Helping mid-sized companies purchase with the precision of one team through centralized procurement ## Precoro at a glance Since 2015 Year founded Global 80+ Countries served Customers 1000+ Clients onboarded Growth +50% YoY revenue growth Impact $150B+ worth of POs yearly ## Creating value beyond procurement automation As a Certified B Corporation, we hold ourselves to high standards—not just in how we build software, but in how we treat people, choose partners, and care for the planet. It’s one more way we create real, lasting value for our customers and communities. B Corp certified We're proud to meet the highest social and environmental standards. Precoro helps teams make smarter procurement decisions and build a more responsible future. Proud alumnus of Google for Startups Precoro is a proud alumnus of Google for Startups, a program that fosters innovation and supports promising startups worldwide. Our participation in this prestigious program underscores our commitment to industry-leading practices that improve procurement and spend operations globally. ## We work with great companies Our mission We fix the puzzle of fragmented procurement Founded in 2015 as a people-first company, we set out to make procurement consolidated and predictable for businesses worldwide. Today, over 1,000 companies trust us to centralize processes and cut through chaos with smart automation. Our mission is never-changing: unite teams, provide deep spend insights across all entities, and automate time-wasting tasks—all to drive savings and growth on a global scale. What we do We free businesses from the mundane with automated, centralized procurement We understand the struggle – teams spread across locations, endless emails, and mismatched orders. Our customers faced these same challenges before Precoro. Now, with centralized data, AI-driven automation, and seamless mobile access for approvals, teams can reduce costs and drive ROI – without the hassle. How we work We build a long-lasting, sustainable, and purposeful business with engaged team members at the core All Precorians are passionate professionals with deep expertise in procurement and technology. We love what we do and are driven by one goal: to become the go-to indirect procurement solution. We build long-term relationships with our customers by developing Precoro around their real needs. Every request matters—we openly share our product roadmap and prioritize feedback that delivers meaningful improvements for our growing global community. Our mission We fix the puzzle of fragmented procurement Founded in 2015 as a people-first company, we set out to make procurement consolidated and predictable for businesses worldwide. Today, over 1,000 companies trust us to centralize processes and cut through chaos with smart automation. Our mission is never-changing: unite teams, provide deep spend insights across all entities, and automate time-wasting tasks—all to drive savings and growth on a global scale. What we do We free businesses from the mundane with automated, centralized procurement We understand the struggle – teams spread across locations, endless emails, and mismatched orders. Our customers faced these same challenges before Precoro. Now, with centralized data, AI-driven automation, and seamless mobile access for approvals, teams can reduce costs and drive ROI – without the hassle. How we work We build a long-lasting, sustainable, and purposeful business with engaged team members at the core All Precorians are passionate professionals with deep expertise in procurement and technology. We love what we do and are driven by one goal: to become the go-to indirect procurement solution. We build long-term relationships with our customers by developing Precoro around their real needs. Every request matters—we openly share our product roadmap and prioritize feedback that delivers meaningful improvements for our growing global community. Our guiding principles What makes us tick Customers are at the heart of everything 01 Our top priority is delivering value to the people that rely on Precoro to solve their day-to-day operational challenges. Be bold and move fast 02 We pursue ambitious goals by prioritizing what's important, making quick decisions, and delivering incremental change. Always go the extra mile 03 We celebrate results, and we’re always thinking about ways to grow, improve and bring extra value to our customers. Build trust with transparency 04 We foster a culture of trust and integrity with our open, constructive, and timely communication. Work with care and respect 05 We’re honest, tolerant, and inclusive. We measure success not by profits alone but by contributions to all stakeholders. Collaboration is the key 06 We understand that we're better together than apart — everyone on our team shares in our journey. Our journey DRAG A new level of AI-driven procurement intelligence We expanded AI across AP automation, expenses, and analytics. The AI Assistant delivers instant insights, and advanced dashboards provide in-depth spending visibility. We also became a Certified B Corporation, reinforcing our commitment to responsible growth. 2025 Becoming a major player in procurement innovation We were named a Major Player in the IDC MarketScape for cloud-enabled spend orchestration. We also launched a mobile app and introduced an AI-powered AP solution with Google OCR, setting a new standard in procurement innovation. 2024 Remarkable growth journey for sustainable product improvement In the face of adversity, Precoro not only avoided layoffs but also doubled its team of professionals. This growth allowed us to forge strategic partnerships and launch PunchOuts with global leaders like Staples, Grainger, Home Depot, and more. 2023 Celebrating partnership with Google Leveraging Google's robust infrastructure, we started to provide our customers with cutting-edge OCR technology, faster login, and better reporting capabilities. 2022 $16 Billion worth of PO's submitted via Precoro Launched out-of-the-box integration with NetSuite. Became the first Amazon partner for a new way of purchasing — Punch-in. 2021 Growing procurement digitalization initiative Despite the challenging year, Precoro worked without layoffs, maintaining stability and level of service. Hired top specialists in LA (US), Krakow (Poland), and Riga (Latvia), doubling our remote team. 2020 Customers from 67 countries all over the world now use Precoro We've included advanced features like integration with QuickBooks Online, Custom Reporting, and Advanced Approval Workflow. 2019 Processed 1M purchase orders. 10K new users on the platform We’ve reached African and Asian markets and began our collaboration with charitable and educational organizations. Released extra features: API and Custom fields. 2018 100 new customers onboarded Precoro entered the European market. Established offices in Kyiv, Ukraine, and Vilnius, Lithuania. Released new features: 3-Way Matching, Budget, Inventory, and RFP. 2017 Celebrating Precoro’s first 30$ revenue by spending them on pizza Our team went global and developed Precoro — a new procurement product boasting broader functionality, including Purchase Requests, Purchase Orders, and Approval workflow. 2016 80 companies onboarded We assembled our core team and launched our US-based niche pilot project, a software for indirect purchasing of office supplies and services. 2015 Our сommitments 01 [Environmental sustainability Beyond revolutionizing procurement, we at Precoro have enacted measures to reduce our environmental footprint. We keep tabs on our emissions and continually seek ways to minimize them. By 2025, we aim to achieve carbon neutrality as part of our climate change efforts. Furthermore, we are working towards B Corp certification to ensure our business operations meet the highest standards of social and environmental performance.](https://precoro.com/sustainability) 02 [Diversity & inclusion In our hiring process, we emphasize ethics and are dedicated to building a workplace culture that supports our employees' growth. Our goal is to create an inclusive environment that respects and celebrates the unique backgrounds, experiences, and perspectives of all our team members. By fostering a workplace where everyone can genuinely express themselves, we empower our staff to innovate and drive success, not only for our company but for our customers across the globe.](https://precoro.com/careers) 03 [Supporting non-profits Since 2018, Precoro has been committed to helping nonprofits and educational organizations manage mission-critical resources smarter and maximize the impact of their charitable activities worldwide. By offering discounts and free consultations, we enable these vital organizations to increase their operational efficiency and extend their reach.](https://precoro.com/customers/non-profit) Precoro in the press Discover our favorite stories and what's the word on Precoro in the media. [Best Supply Chain Management Software Read more](https://www.forbes.com/advisor/business/software/best-supply-chain-management-software/) [Vendor Analysis 2025: Precoro Read more](https://spendmatters.com/2025/03/26/precoro-vendor-analysis-2025-part-2/) [Procurement Companies 2024 Read more](https://procurementmag.com/magazine/top-150-companies-in-procurement-2024?page=1) [Top 10: Mobile Procurement Apps Read more](https://procurementmag.com/top10/top-10-mobile-procurement-apps) [The Procurement Software Market Welcomes New Competitors Read more](https://www.hngn.com/articles/270016/20260310/procurement-software-market-welcomes-new-competitors.htm) [How One SaaS Founder Built a $40B Procurement Platform by Solving the “Visibility Problem” Read more](https://www.techtimes.com/articles/312318/20251021/how-one-saas-founder-built-40b-procurement-platform-solving-visibility-problem.htm) [How Precoro Expanded from Purchase Order Tool to Full Procure-to-Pay Platform Since 2015 Read more](https://www.techtimes.com/articles/313581/20251223/how-precoro-expanded-purchase-order-tool-full-procure-pay-platform-since-2015.htm) [10 Years to $10M ARR: Lessons from Precoro’s Founder Read more](https://open.spotify.com/episode/2cEyqdsKpBzdiyCraIKX8u) [4 Best-Automated Purchase Order Software Read more](https://windowsreport.com/automated-purchase-order-software/) [Precoro Shifts Focus to Multi-Entity Procurement Since Mid-Market Demands Evolve Read more](https://www.vcpost.com/articles/130348/20260206/precoro-shifts-focus-multi-entity-procurement-since-mid-market-demands-evolve.htm) [Precoro automates workflows to streamline invoicing processes Read more](https://startup.google.com/alumni/stories/precoro/) [Precoro automates workflows to streamline invoicing processes Read more](https://procurescape.com/precoro-optimise-your-procurement-processes/) [AI in Action — Procurement: A Conversation with Precoro Read more](https://cporising.com/2025/02/19/ai-in-action-procurement-a-conversation-with-precoro/) [Precoro Delivers Next-Level Procurement Analytics Suite Read more](https://www.reuters.com/press-releases/precoro-procurement-analytics-suite-2026-01-19/) [Precoro Launches AI Procurement Feature That Converts Supplier Quotes Into Purchase Requisitions Read more](https://www.reuters.com/press-releases/precoro-ai-procurement-quote-to-requisition-2026-04-21/) [Precoro Achieves 'Built for NetSuite' Status Read more](https://finance.yahoo.com/news/precoro-achieves-built-netsuite-status-123300396.html) [Precoro Launches AI Assistant to Eliminate Reporting Bottlenecks and Speed Up Spend Decisions Read more](https://aijourn.com/precoro-launches-ai-assistant-to-eliminate-reporting-bottlenecks-and-speed-up-spend-decisions/) [Precoro Achieves B Corporation™ Certification Read more](https://www.prnewswire.com/news-releases/precoro-achieves-b-corporation-certification-302504625.html) [Meet the FinTech Breakthrough Award Winners Read more](https://fintechbreakthrough.com/2026-winners/) Latest announcements See what's going on in the world of Precoro and where our product is headed. [Awards Mar 20, 2026 Precoro Wins the 2026 “Spend Management Innovation Award” from FinTech Breakthrough We’re proud to share that Precoro is recognized by FinTech Breakthrough for bringing clarity and control to company spend.](https://precoro.com/blog/precoro-wins-the-2026-spend-management-innovation-award-from-fintech-breakthrough/) [News Jun 6, 2026 Precoro is Now a Certified B Corporation! Learn what this certification means for the future of procurement and why it matters to our team, our customers, and the world we’re helping shape.](https://precoro.com/blog/precoro-is-now-a-certified-b-corporation/) [AI Jan 15, 2025 The Future of AI-Powered AP Automation or How OCR in Precoro Saves AP Teams 80% of Their Time Discover how AI-powered AP automation with Precoro can transform your invoicing process. Speed up approvals, ensure timely payments, and improve accuracy by reducing manual data entry—all while gaining control over your accounts payable.](https://precoro.com/blog/ai-powered-ap-automation-in-precoro/) Precoro press kit Click the button below to download our company logos, colors, brand style guide, executive photos, and more. For all press inquiries, please reach out to [press@precoro.com](mailto:press@precoro.com). [Download the Media Kit](https://drive.google.com/drive/folders/16dJ74KVtTVeIRal8WopyVhTzW7-15oIu) ## Powered by people Precoro is only as good as its people. To be at their best, they need a positive and supportive work environment, and we know a thing or two about maintaining one. Working at Precoro means flexible work hours, personal development, and a strong, community-focused culture, whether you’re remote or in the office. Think we might be a good fit? hq@precoro.com ## Wondering how Precoro would work in your day-to-day processes? Book a live demo with our experts to explore your workflows, use cases, and see what value Precoro can bring to your company. ![Employee photo](https://precoro.com/build/images/coworker-1.B7_OM7ux.webp) ![Employee photo](https://precoro.com/build/images/coworker-2.CVQlW8rR.webp) ![Employee photo](https://precoro.com/build/images/coworker-3.BPP2F-KO.webp) ![Employee photo](https://precoro.com/build/images/coworker-4.B3FcXz4s.webp) ![Employee photo](https://precoro.com/build/images/coworker-5.Xyyobut3.webp) ![Employee photo](https://precoro.com/build/images/coworker-6.B6-pkz3Z.webp)