USA – BlueBean, a Boston, MA-based provider of a procure to pay solution, raised $1.3M in funding.
The round was led by Tola Capital.The company intends to use the funds to invest in product development and support resources. Led by Fabrice Saporito, CEO, BlueBean offers a solution that helps businesses manage their expenses. It targets companies without procurement organizations to help them increase profits by decreasing purchasing costs. Its discount codes and negotiated prices on 20+ purchase categories and thousands of products and services give a head start to any organization that does not have an in-house procurement team, while empowering them to make purchases that are within their rule set, without delaying the process with extra steps or people.Businesses can sign up for BlueBean’s all-in-one procure to pay solution now to reduce costs and increase profitability with: Commenting on the news, Fabrice Saporito said: “We’re excited to have Tola on board with its expertise and commitment to our shared vision of a transformational product experience that delivers discount pricing and cost savings directly to businesses.”28/02/2024
