Forerunner Ventures led a $22m Series A round in CoProcure.

Forerunner Ventures, venture capital firm, led a $22m Series A round in CoProcure, a fledgling online marketplace for vendors and buyers of government technology and other goods and services, with participation from Leadout Capital, Neo, Marco Zappacosta, Dan Lewis, Katrina Lake. “We are unlocking all these contracts that have been locked away in digital or physical filing cabinets. Doing so can help public agencies expedite the contracting process, at least according to the vision behind CoProcure. Supplying government with technology and other goods and services is a highly regulated process involving competitive bidding, of course, with public agencies needing from four to 24 months to finalize those deals," Mariel Reed, CoProcure CEO and Co-Founder.