Blog Post · October 25, 2024
Relish Named to The 2024 ProcureTech100
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ProcureTech, in association with Kearney, has announced the 2024 ProcureTech100, the definitive 100 pioneering digital procurement solutions.
Now in its fourth year, the ProcureTech100 is a trusted resource for procurement leaders. They look for inspiring, AI-powered digital solutions that create important change.
Organizations selected represent the most innovative, progressive, and customer centric procurement technologies, and this year’s cohort are supercharging procurement, suppliers, and the enterprise.
“The procure tech space continues to be a powerful hub of innovation and inspiration. As we advance to the future, the market continues to grow and contract, a sign of a healthy, dynamic ecosystem.”
Dr. Elouise Epstein
/
Partner at Kearny
The Selection Process
Research ProcureTech Ecosystem
The team systematically compiles qualitative and quantitative data from more than 5,000 digital procurement solutions using the ProcureTech database and established sources.
Create Shortlist
Smart statistical analyzing looks at 50 important data points.
Identify ProcureTech100
Global procurement leaders, digital experts, and B2B investors share their knowledge and real-life experiences. They use this information along with key data points to create the ProcureTech100 list.
Announce ProcureTech100
The team announced the 2024 ProcureTech100 live at PIONEERS on October 22. The 2024 ProcureTech100 Yearbook will publish it on December 9.
The rigorous and independent selection process of the annual cohort began with analyzing more than 5,000 technology, data, and analytical digital procurement solutions.
Next, the team analyzed thousands of key data points from the database. They then narrowed the list to a short list of organizations in 10 categories.
Relish falls into the Strategy, Process, and Performance category.
The 2024 ProcureTech 100 Panelists
Over 80 leaders in global corporate digital procurement, digital experts, and B2B investors contributed their insights.
They shared their experiences to help create the shortlist.
Combined with these quantitative and qualitative data, this shaped the 2024 ProcureTech100.
“Organizations selected for this year’s ProcureTech100 continue to push the boundaries of the possible, trailblazing for the industry, offering unrivaled user experience and scalability, solving the most complex and simple procurement challenges.”
Lance Younger
/
ProcureTech CEO
The ProcureTech100 Announcement
The organizations chosen for the 2024 ProcureTech100 are a diverse group from around the world. In 2024, they have attracted ongoing investment.
Relish closed a $10 million Series A funding round in early 2024. You can click here to read more about the Series A round from Boston-based growth equity firm, Volition Capital.
This demonstrates their strong focus on solving issues in digital procurement, sustainability, risk, and commercial challenges.
The ProcureTech website features the full group, which the announcement revealed at 3pm BST on Tuesday, October 22nd.
About ProcureTech100
ProcureTech aims to speed up and enhance the digital future of procurement.
They focus on solving current and future challenges. This requires fresh ideas and a new platform for procurement leaders, entrepreneurs, and the procuretech community.
Catalyzing digital procurement transformation, ProcureTech leverages a proprietary platform connecting solutions, intelligence, and experts to digitally shift procurement performance.
About Kearney
Kearney is a leading global management consulting firm with more than 5,700 people working in more than 40 countries. Kearney works with more than three-quarters of the Fortune Global 500.
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