Prolo
A platform combining artificial intelligence, procurement specialists and credit for the construction sector.
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Podcast Episode
🎙️ Deep Dive
Nopan, Prolo, NextGO Epi — €7.2 million in payments, £4.2 million for construction and €2 million in semiconductors — Daily News July 14, 2026
Listen to the episodeAbout Prolo
Founded in 2024 in London by proptech entrepreneur James Morris-Manuel, Prolo acts as an outsourced procurement team for small and medium-sized UK construction companies, gathering requests through WhatsApp, email or phone and sourcing offers from more than 185 suppliers. The platform combines AI-powered search and comparison, specialist support and flexible payment terms of up to 90 days. In July 2026 it raised a £4.2 million seed round led by Triple Point Ventures, with a16z Scout Fund, Anamcara Capital, Concrete VC and others participating.
The Story
Founded in 2024 by proptech entrepreneur James Morris-Manuel to digitise procurement in the construction sector.
How Prolo works
Business Model
B2B procurement service for small and medium-sized construction companies.
Revenue Model
Not disclosed; combines intermediation, software and financial services.
Products & Services
Key Products
- AI-powered construction procurement platform
- Flexible credit up to 90 days
Core Use Cases
- Ricerca di materiali e attrezzature
- Confronto delle offerte
- Gestione degli ordini
- Finanziamento del capitale circolante
Market & Clients
Key Customers
Small and medium-sized UK construction companies that need procurement support and financial flexibility.
Geographic Presence
How Prolo competes
Competitive Advantages
- Network of over 185 suppliers
- Combination of AI, human support and embedded credit
How Prolo grows
Growth Strategy
Commercial expansion and new feature launches.
Distribution Model
Direct sales through web, WhatsApp, email and phone.
Moat (Defensibility)
Supplier network, procurement data and integration between purchasing and credit.
Regulatory Context
The financial component may entail regulatory requirements or reliance on licensed partners.
Key Risks
- Credit risk
- Thin procurement margins
- Dependency on supplier network quality
Funding & Investors
Total Funding
Funding Rounds
- 2026 - Seed: £4.2M
Lead: Triple Point Ventures
Key Investors
Founding Team
Founders
Key Metrics
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