About

Pavilion enhances the procurement process for public sector entities by using technology to streamline cooperative contracts. Their platform allows local governments to collaborate on purchasing a variety of goods and services, making the process more efficient and transparent, especially for diverse suppliers like small and minority-owned businesses. Unlike competitors, Pavilion offers a free platform that aggregates cooperative contracts, simplifying access for public agencies. The company's goal is to drive innovation in government procurement, ultimately benefiting public servants, businesses, and taxpayers.

Simplify's Take

What believers are saying

• The recent $22M Series A funding round led by Forerunner Ventures provides significant capital for growth and innovation.
• CoProcure's platform can drive substantial efficiency and transparency in government procurement, potentially leading to widespread adoption by public agencies.
• The company's focus on diverse suppliers can enhance its reputation and foster strong relationships with minority-owned and women-owned businesses.

What critics are saying

• The public sector's slow adoption of new technologies could hinder CoProcure's growth and market penetration.
• Reliance on partnerships and premium services for revenue may pose financial risks if these streams do not scale as expected.

What makes Pavilion unique

• CoProcure focuses exclusively on the public sector, offering a specialized platform for cooperative contracts that is not commonly found among general procurement solutions.
• The platform's emphasis on supporting diverse suppliers, including small, minority-owned, and women-owned businesses, sets it apart in the government procurement space.
• By providing a free platform, CoProcure lowers the barrier to entry for public agencies, unlike competitors who may charge for access to similar services.

Help us improve and share your feedback! Did you find this helpful?

YesNo