a16z Scout Fund: Investment Portfolio & Startup News

Prolo lands a £4.2m seed round led by Triple Point Ventures to modernise procurement for SME construction firms

Prolo is an AI-powered procurement platform designed to help SME construction firms source materials, equipment and hire at competitive market rates. It acts as an outsourced procurement team, scanning a network of over 185 suppliers and offering flexible credit terms of up to 90 days to help contractors manage cash flow.