Pavilion

Pavilion

Technology platform for public sector procurement

About Pavilion

Simplify's Rating
Why Pavilion is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Data & Analytics

Government & Public Sector

Company Size

51-200

Company Stage

Series A

Total Funding

$26M

Headquarters

San Francisco, California

Founded

2018

Overview

Pavilion improves the procurement process for public sector entities by using technology to streamline cooperative contracts. Their platform allows local governments to collaborate and purchase various goods and services more efficiently and transparently, benefiting diverse suppliers like small and minority-owned businesses. Unlike competitors, Pavilion emphasizes collaboration among local governments and supports diverse suppliers, enhancing public spending efficiency. The company's goal is to drive innovation in government procurement, ultimately benefiting public servants, businesses, and taxpayers.

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Simplify's Take

What believers are saying

  • Pavilion raised $22M in Series A, boosting its growth potential.
  • CoProcure's platform supports diverse suppliers, expanding its market reach.
  • Increased digital transformation in government boosts demand for Pavilion's SaaS solutions.

What critics are saying

  • Emerging GovTech startups increase competition, threatening Pavilion's market share.
  • Rapid tech advancements require constant updates, straining Pavilion's resources.
  • Economic downturns could reduce public sector IT spending, impacting Pavilion's revenue.

What makes Pavilion unique

  • Pavilion focuses on enhancing public services through marketplace, SAAS, and civic tech.
  • CoProcure simplifies procurement with a free platform for cooperative contracts.
  • Pavilion serves both local and central government fields, offering vendor engagement services.

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Funding

Total Funding

$26M

Above

Industry Average

Funded Over

3 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$22M
Pavilion
$30M
Kalshi

Benefits

Company Equity

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

5%

1 year growth

1%

2 year growth

7%
Coprocure
Jun 9th, 2023
Announcing Pavilion's $22M Series A

Pavilion has raised a $22M Series A led by Forerunner Ventures, with participation from existing investors Leadout Capital and Neo, as well as marketplace and ecommerce founders we admire: Marco Zappacosta, founder of Thumbtack; Dan Lewis, founder of Convoy; and Katrina Lake, founder of Stitch Fix.

TechWire
Mar 9th, 2022
Coprocure receives financing of $22M in Series A funding round

CoProcure, a fledgling online marketplace for vendors and buyers of government technology and other goods and services, has raised $22 million in a Series A funding round.

PYMNTS
Mar 9th, 2022
GovTech Online B2B Marketplace CoProcure Nets $22M

Online market CoProcure, which works for vendors and buyers of government technology, has raised $22 million in a Series A round, according to a Monday (March 7) report from Government Technology.

Government Technology
May 7th, 2020
Cooperative Purchasing Startup CoProcure Raises $2.4M

The company, reporting a spike in activity from customers during the coronavirus pandemic, is adding to its investment total. CoProcure's software is meant to facilitate cooperative government purchasing.

Medium
May 6th, 2020
CoProcure raises a $2.4M seed round to build search for shareable public contracts

With deep gratitude, we’re pleased to announce that CoProcure has raised an additional $2.4M in seed funding. This round was led by Neo…

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