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Folio
Durham, US · Founded 2025 · 40 employees on LinkedIn · 9 known investors
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Folio offers a procurement platform for hotel teams that compares vendor pricing in real time, applies GPO/negotiated rates, and automates approvals, budgets, and spend coding. It centralizes vendor catalogs and PunchOuts with features like AI-powered catalog digitization and intelligent checkout to reduce manual purchasing work.
Founders & leadership
Folio was founded in 2025 by Kate Adamson and Al Hertz.
Investors · 9
How we know: av.vc · Not right? Tell us
How we know: Construct Capital's portfolio page · funding news · Not right? Tell us
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How we know: Designer Fund's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
How we know: funding news · Not right? Tell us
Funding
SEC filings, press & company announcements$14M disclosed across 1 of 2 rounds · 2025
- $14MSeries AJul 2025 · 2 sourcesSource ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Folio do?
- Folio offers a procurement platform for hotel teams that compares vendor pricing in real time, applies GPO/negotiated rates, and automates approvals, budgets, and spend coding. It centralizes vendor catalogs and PunchOuts with features like AI-powered catalog digitization and intelligent checkout to reduce manual purchasing work.
- Who founded Folio?
- Folio was founded by Kate Adamson, Al Hertz in 2025.
- Who are Folio's investors?
- Folio's investors include Alumni Ventures, Construct Capital, Designer Fund, Antler, Array Ventures Management Llc, City Light, Dentsu Ventures, Techstars and 1 more.
- How much funding has Folio raised?
- Folio has disclosed $14M raised across 1 of its 2 known rounds.
- Where is Folio headquartered?
- Folio is headquartered in Durham, US.