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Folio

Durham, US · Founded 2025 · 40 employees on LinkedIn · 3 known investors

Find your way into Folio

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.

KAKate Adamson
Kate AdamsoninCEO, Co-Founder
AHAl Hertz
Al HertzinCo-Founder

Investors · 3

Funding

SEC filings, press & company announcements

$14M disclosed across 1 of 2 rounds · 2025

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 Construct Capital, Designer Fund, Thrive Capital.
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.