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New York-based spend management platform using AI to streamline procurement, supplier management and contract compliance.
Founded in 2019 and headquartered in New York, US, Tropic Technologies, Inc. offers an intelligent spend management platform that centralizes supplier contracts, automates administrative tasks and flags overspend and shadow spend. Clients include Zapier and J.B. Snodgrass, CPA, and the company sells mainly on annual or multi-year subscriptions. Its Series B round raised USD 40.00 mn on February 15, 2022, led by Insight Partners.
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