Shoppable Business Secures $3.5M to Revolutionize Procurement for the Philippines

Shoppable Business is thrilled to announce a landmark funding milestone, having successfully raised ₱3,500,000 to take its innovative digital procurement platform to the next level. Founded on the belief that there’s a better way to buy for businesses in the Philippines, Shoppable Business is redefining the procurement process by streamlining the way local and global products are sourced by businesses and their procurement departments. With this fresh infusion of capital, the company will further enhance its comprehensive, all-in-one SaaS-enabled, AI-powered platform that supports B2B buyers and sellers alike, ranging from startups to large enterprises. The new funds will be strategically deployed to expand the company’s ever-growing product selection and to develop additional tools and features designed to address rapidly evolving customer needs. At its core, Shoppable Business simplifies purchasing operations through its innovative "Procurement as a Service (PaaS)" model and the concept of a single supplier of record. By digitizing and centralizing traditional procurement processes, the company not only simplifies paperless communications, negotiation, financing, payment, and shipping but also builds a robust ecosystem to support seamless business transactions. This significant investment underscores the broad market confidence in Shoppable Business’s vision and its commitment to transforming how businesses operate in today’s fast-paced commercial landscape. As the company continues to pioneer solutions that integrate technology with everyday procurement challenges, this capital will serve as a catalyst for innovation, providing the necessary resources to expand its reach and better serve businesses across the Philippines and beyond. Shoppable Business is excited to embark on this new chapter, strengthening its position as a thought leader and change-maker within the industry.