Focal Point Procurement Solutions
Techstars '21Atlanta, US · Founded 2020 · Delaware corporation · 44 employees on LinkedIn · 4 known investors
Focal Point is a procurement software platform built for enterprise procurement teams that consolidates data, workflows, and processes without requiring users to switch between applications. The platform is designed by Chief Procurement Officers to help organizations optimize and maximize the value of their procurement spend.
Founders & leadership
Focal Point Procurement Solutions was founded in 2020 by Anders Lillevik.
AL
Anders LillevikinFounder
Board
Investors · 4
Reported raises · per SEC filings
Form D private placements$12.9M disclosed across 4 rounds · 2020–2026
▶$7.4MraisedJun 2026 · 3 investors · Other TechnologyRule 506(b)
▶$7.4MraisedJun 2026 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
- Gyan KapurDirector
- Anders LillevikExecutive Officer, Director
- Ramneek GuptaDirector
- Offering amount
- $7.5M
- Amount sold
- $7.4M
- First sale
- Jun 2026
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2.5MraisedSep 2022 · 5 investors · Other TechnologyRule 506(b)
▶$2.5MraisedSep 2022 · 5 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Anders LillevikExecutive Officer, Director
- Offering amount
- $2.5M
- Amount sold
- $2.5M
- First sale
- Sep 2022
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$2.9MraisedMay 2022 · 10 investors · Other TechnologyRule 506(b)
▶$2.9MraisedMay 2022 · 10 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Anders LillevikExecutive Officer, Director
- Offering amount
- $3M
- Amount sold
- $2.9M
- First sale
- Apr 2022
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$75KraisedMay 2021 · 3 investors · Other TechnologyRule 506(b)
▶$75KraisedMay 2021 · 3 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- ANDERS LILLEVIKExecutive Officer, Director
- Offering amount
- $250K
- Amount sold
- $75K
- First sale
- Dec 2020
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 10
by search overlap
Spendflo212 shared keywordsSpendflo builds Flo, an autonomous procurement workforce of AI agents that runs the intake-to-pay cycle — handling purchase requests, contract tracking, and invoice matching — while human teams approve only what needs them. Originally a SaaS spend management platform, it serves finance and procurement teams at businesses managing many vendors, contracts, and subscriptions.
Droppe194 shared keywordsDroppe operates an online store selling occupational safety and workwear products—such as safety shoes, high-visibility clothing, protective gloves, respirator masks, and work trousers—from brands like New Balance and Nitras. The site serves buyers of workplace safety equipment and lists prices in euros with a German-language market interface.
Tipalti191 shared keywordsTipalti offers an AI-powered finance automation platform that handles global accounts payable, payments, procurement, expenses, and treasury operations for businesses. It supports cross-border payments to over 200 countries in 120 currencies and integrates with ERPs, accounting systems, and other business tools, serving industries such as adtech, e-commerce, gaming, healthcare, and software.
Ramp186 shared keywordsRamp offers a finance platform that combines corporate cards, expense management, and AI-driven automation for receipt capture, transaction coding, and reimbursements. It serves finance teams and businesses looking to consolidate spending tools and automate accounting workflows.
Order168 shared keywordsOrder.co is an AI-powered platform that automates procurement, accounts payable, and spend management for businesses. The platform streamlines the entire purchasing lifecycle from requisition to payment, offers real-time spend visibility, and provides working capital solutions through virtual cards.
Vendr167 shared keywordsVendr provides a SaaS pricing intelligence platform and AI-powered negotiation tools for procurement, finance, and IT teams to benchmark software costs and reduce overpayment. The company aggregates transaction data from thousands of SaaS purchases to deliver data-driven negotiation strategies and autonomous contract negotiation capabilities.
Pipefy145 shared keywordsPipefy is an AI platform that orchestrates autonomous AI agents to manage, automate, and optimize business processes for companies across multiple industries. The platform democratizes access to advanced automation and AI technology for non-technical business teams.
Kissflow132 shared keywordsKissflow is a low-code/no-code application development platform that uses AI to generate enterprise apps and building blocks, with governance, data security, and audit tools for IT and business teams. It offers ready-made applications for industries such as oil and gas, retail, and manufacturing.
Coupa129 shared keywordsCoupa provides an AI-native platform for business spend management, covering procurement, finance, and supply chain operations for enterprises. The platform leverages data from over 10 million buyers and sellers globally to deliver intelligent insights and autonomous spend management capabilities.
Fairmarkit125 shared keywordsFairmarkit provides an AI-driven autonomous sourcing platform that helps procurement teams competitively source spend across categories at scale. It uses AI agents to handle sourcing volume while category managers focus on strategy, targeting enterprise procurement functions.
Companies competing with Focal Point Procurement Solutions for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Focal Point Procurement Solutions do?
- Focal Point is a procurement software platform built for enterprise procurement teams that consolidates data, workflows, and processes without requiring users to switch between applications. The platform is designed by Chief Procurement Officers to help organizations optimize and maximize the value of their procurement spend.
- Who founded Focal Point Procurement Solutions?
- Focal Point Procurement Solutions was founded by Anders Lillevik in 2020.
- Who are Focal Point Procurement Solutions's investors?
- Focal Point Procurement Solutions's investors include Amplo Ventures, m]x[v Capital, PruVen Capital Partners, Techstars.
- How much funding has Focal Point Procurement Solutions raised?
- Focal Point Procurement Solutions has disclosed $12.9M raised across 4 rounds.
- Where is Focal Point Procurement Solutions headquartered?
- Focal Point Procurement Solutions is headquartered in Atlanta, US.