What is EasiBuy?
Founded in 2006 and headquartered in Kent, Ohio, EasiBuy specializes in delivering comprehensive managed procurement services and advanced reverse auction technology. The company aims to provide optimal value for both public sector agencies and private sector entities. EasiBuy's pioneering Lead Agency Procurement Organization (LAPO) model is designed to enhance transparency and scale, facilitating compliant cooperative purchasing events for state and local governments, educational institutions, and nonprofit organizations.
How much funding has EasiBuy raised?
EasiBuy has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in EasiBuy
PPP
Public-Private Partnership
What's next for EasiBuy?
The substantial capital infusion, particularly the recent strategic investment, positions EasiBuy for accelerated growth and further innovation in procurement technology. This late-stage funding suggests a focus on expanding market reach, enhancing its technological offerings, and potentially exploring new verticals within the public and private sectors. The company's established LAPO model provides a strong foundation for scaling its operations and solidifying its leadership in cooperative purchasing.
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