Why Salesforce And Workday Joined The $33 Million Raise For A Procurement Software Startup

Procurement software isn’t an obvious choice for one of the hot areas in tech. But that’s worked out just fine for the four founders of Scout RFP, a startup growing fast within the neglected side of the overlooked category.

“When we started doing this, people said, why do you want to sell into procurement? Isn’t it a sleepy space?” says CEO Alex Yakubovich. “Now we never get that. People see it as sexy, which is how we’ve seen it all along.”

Read more…