Beroe Advances Mission to Deliver End-to-End Procurement Intelligence

Beroe, the global leader in procurement decision intelligence, led by Vel Dhinagaravel, Prerna Dhawan, Hemant Nadkarni, Ruth Crawford, Supriyo Mukhopadhyay, and others, has raised $34 million led by investors including Relativity Resilience Fund (Trust Group’s Private Equity platform), Mukul Agrawal, Ashish Kacholia, Lashit Sanghvi, and Alchemy Long Term Ventures Fund.

The investment will fuel the expansion of Beroe’s procurement intelligence stack, advancing its insights layer through product innovation and strategic acquisitions to better equip global procurement leaders.

Beroe provides actionable intelligence and measurable results to over 1,000 global enterprises, including 300+ Fortune 500 companies, and recently expanded its capabilities with the acquisitions of Forestreet, a leader in supplier and innovation scouting, and nnamu, the first game-theory-enabled autonomous negotiation platform.

Vel Dhinagaravel, Founder & CEO at Beroe, said the company is focused on accelerating product development and cementing its role as the decision workbench for procurement professionals worldwide, working alongside partners who share its vision of transforming the procurement landscape.