25/9/2025, 6:40:04 pm

Alchemy Capital backs Beroe in $34 mn funding round

Beroe, a North Carolina-headquartered procurement-technology provider, raised Rs. 300 crore ($34 million) from investors including Relativity Resilience Fund and Alchemy Long Term Ventures Fund. The funds will be used to improve Beroe's procurement intelligence stack through product development and acquisitions. Beroe uses AI tools to help companies make procurement decisions more efficiently.