Perfect Commerce

company

About

Perfect Commerce provides SaaS-based spend management solutions and an open supplier network to aid procurement operations.

  • 251 - 500

Details

Last Funding Type
Series B
Last Funding Money Raised
$37M
Industries
E-Commerce,Procurement,Public Relations,SaaS,Software
Founded date
Jan 1, 1998
Number Of Employee
251 - 500
Operating Status
Active

Perfect Commerce provides a SaaS spend management solutions and the open supplier network. The company's solutions include PerfectSource, which creates value from effective supply management; PerfectProcure, which establishes control of the procure-to-pay process; and PerfectShop, which enhances visibility of company-approved goods and services. Perfect Commerce solutions specialize in procurement operations by identifying organizational needs and requirements, as well as capturing and analyzing empirical spend and marketplace data to develop a suite of business solutions tailored to each organization's operating environment.

In addition, the company's solutions include Open Supplier Network, a hosted service that connects buyers and suppliers to facilitate B2B transactions; and Commerce One Procurement tool, a behind-the-firewall solution that manages and controls the procurement and purchasing process. It serves chemicals, retail, energy, financial services, health/medical, hospitality, food products, education, manufacturing, technology, and transportation industries.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$37M
Perfect Commerce has raised a total of $37M in funding over 2 rounds. Their latest funding was raised on Apr 24, 2000 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 24, 2000 Series B $37M 2 Detail

Investors

Number of Lead Investors
Number of Investors
2
Perfect Commerce is funded by 2 investors. Primedia Ventures and Allen & Company are the most recent investors.
Investor Name Lead Investor Funding Round
Primedia Ventures Series B
Allen & Company Series B