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Procurement Sciences AI is a technology company.
Procurement Sciences AI provides Awarded AI, an AI-native platform designed to optimize the government contracting lifecycle. It uses artificial intelligence to assist businesses in finding opportunities, managing proposals, and securing bids across federal, state, local, and educational sectors. This core capability automates and accelerates complex procurement processes, enhancing contractor efficiency.
Christian Ferreira, drawing on extensive experience as a former government contractor, founded the company in 2022. He identified inherent inefficiencies within the government contracting landscape, leading to the development of an AI-powered solution. This innovation empowers businesses to navigate public sector procurement with enhanced precision and speed.
The platform serves a diverse clientele, including small businesses and large prime contractors. Procurement Sciences AI's vision is to transform the government contracting ecosystem through intelligent automation. By continuously advancing its AI capabilities, the company aims to equip users to secure more contracts and achieve consistent success.
Procurement Sciences AI has raised $40.0M across 2 funding rounds.
Procurement Sciences AI has raised $40.0M in total across 2 funding rounds.
Procurement Sciences AI has raised $40.0M in total across 2 funding rounds.
Procurement Sciences AI's investors include Tyler Newton, Battery Ventures, Blu Ventures, Citi, K Street Capital, Robert Bosch Venture Capital, Tower Research Capital, Conviction Partners, Greylock, Bob Muglia, Jared Young.
Procurement Sciences AI is a SaaS company building an AI-native platform called Awarded AI (previously including Bidding Intelligence System or BIS) that automates the full government contracting lifecycle for federal contractors. It serves middle-market and large government contractors, including top defense, aerospace, IT, logistics, and consulting firms, solving inefficiencies in opportunity discovery, bid/no-bid decisions, proposal generation, compliance reviews, and contract delivery to boost win probabilities (PWIN) and operational efficiency.[1][2][3][6] Founded in 2022, the company has shown explosive growth: a $10M Series A in 2024, followed by a $30M Series B in late 2025 led by Catalyst Investors (with backers like Battery Ventures and Tower Research Ventures), over 10x revenue growth in 15 months, $3B+ in enabled customer wins, 300+ organizations onboarded (including four of the top 10 defense contractors), and team expansion from 16 to 70+ employees.[3][4]
Procurement Sciences AI was founded in 2022 by Christian Ferreira, a military and industry veteran, in the Washington, D.C. area (headquartered in Dunstable, Massachusetts).[1][3][4] The idea emerged from Ferreira's recognition of deep pain points in government contracting—manual, time-intensive processes for bidding on a $1T public sector market—spurred by advances in generative AI to automate workflows like proposal writing and opportunity matching.[2][4][5] Early traction came quickly: by 2024, it secured a $10M Series A from investors like Blu Venture Investors, enabling team growth and product refinement amid rising demand for AI in GovCon.[2][4][5] Pivotal moments include appointing CTO Greg Larson (ex-Jasper AI and Divvy scaler) and expanding beyond federal to state/local opportunities.[3][4]
Procurement Sciences AI rides the generative AI wave in GovCon, targeting a $1T U.S. public sector market fragmented by manual bidding amid rising contract complexity and DoD IT modernization mandates.[3][4] Timing is ideal: post-2022 AI boom (e.g., ChatGPT), federal spending on AI tools surged, while contractors face labor shortages—its platform cuts response times, enabling SMEs to compete with giants.[1][2][6] Market tailwinds include Biden-era procurement reforms favoring efficiency and expanding AI adoption in defense (e.g., via CMMC compliance). It influences the ecosystem by democratizing wins for 300+ firms, onboarding top players, and pushing AI standards—potentially expanding to commercial sectors as state/local pilots grow.[3][4]
With $40M+ raised and 10x growth, Procurement Sciences AI is positioned to dominate AI-GovCon, likely hitting unicorn trajectory via international expansion, deeper DoD integrations, and commercial pivots.[3] Trends like multimodal AI, sovereign clouds, and $100B+ annual federal IT budgets will accelerate adoption, while competitors lag in full-lifecycle privacy.[6] Its influence could evolve from niche disruptor to industry OS, enabling trillions in efficient public spending—as Ferreira envisioned, transforming how businesses win in the world's largest buyer market.[3] This veteran-led innovator exemplifies AI's procurement revolution from day one.
Procurement Sciences AI has raised $40.0M across 2 funding rounds. Most recently, it raised $30.0M Series B in November 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 5, 2025 | $30.0M Series B | Tyler Newton | Battery Ventures, Blu Ventures, Citi, K Street Capital, Robert Bosch Venture Capital, Tower Research Capital |
| Apr 1, 2024 | $10.0M Series A | Battery Ventures | Conviction Partners, Greylock, Bob Muglia, Blu Ventures, K Street Capital, Jared Young |