Procurement Sciences just landed a $30M Series B led by Catalyst Investors, with Battery Ventures, Tower Research Ventures, K-Street Capital, Blu Ventures, Bosch Ventures & Citi backing the round. That brings total funding to $41.135M. Since its $10M Series A in Apr ’24, the DC-based startup has pulled off 10x revenue growth & powered $3B+ in customer contract wins. This isn’t momentum, it’s ignition.
Founded in late ’22 by Marine Corps veteran & former DEMIA strategist Christian Ferreira, Procurement Sciences isn’t selling SaaS vaporware, it’s building an AI-native operating system designed to untangle the chaos of government contracting. Its platform, Awarded AI, automates the entire procurement lifecycle: opportunity discovery, proposal generation, compliance, delivery, & post-award execution. What used to take weeks now takes minutes, no caffeine IV required.
Greg Larson, the new CTO (ex-Jasper AI, Divvy, Microsoft), joined mid-’25 to scale the tech stack behind this mission. Add CIO Allen Badeau, CGO Matt Pinkston, Head of Ops Jim McDermott, Director of Customer Success Larry Pitts & AI Strategist Bruce Feldman, and you’ve got a leadership roster packing 400+ yrs of GovCon expertise. Ferreira built this team like a Marine fire squad, no fluff, no fear, all precision.
The stats speak louder than the buzzwords: 300+ orgs onboard, including 4 of the Top 10 defense & aerospace contractors and 20% of the Top 100 federal players. From SMBs to Fortune 500s, users are cutting bid prep by 90% & boosting proposal capacity by 150%. For a $665B federal procurement market, 10% of the U.S. budget, that’s transformation with receipts.
Catalyst’s Tyler Newton joins the board alongside Battery Ventures’ Brandon Gleklen & Tower Research Ventures’ Jared Young. Their bet isn’t on a trend; it’s on a tectonic shift. The Series B will fuel deeper AI capabilities, agentic AI, predictive analytics, advanced automation, plus new hires, offices & market expansion across federal, SLED & international public sector domains.
Ferreira’s mission runs deeper than growth metrics, it’s about rewriting how the $1T public sector buys, builds & delivers. Awarded AI isn’t replacing people; it’s removing the grind that buries innovation under paperwork. Procurement Sciences is proving you can win in GovCon without losing your sanity, or your weekend. And in this game, that’s a revolution worth funding.
