Gloo.ng
Gloopro provides Procurement-as-a-Service (PaaS) for International Oil Companies and Multinational Corporations operating in Africa, combining AI-enabled workflow automation with managed execution, supplier orchestration, and last mile fulfilment to reduce indirect spend costs.
- Company typePrivate
- Founded2012
- HeadquartersLagos, Nigeria
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Gloo.ng firmographics
Firmographics- Name
- Gloo.ng
- Legal name
- Gloopro Procurement Systems (UK) Limited
- Website
- https://gloo.ng
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Gloopro provides Procurement-as-a-Service (PaaS) for International Oil Companies and Multinational Corporations operating in Africa, combining AI-enabled workflow automation with managed execution, supplier orchestration, and last mile fulfilment to reduce indirect spend costs.
- Ownership category
- akta.pro rank
Gloo.ng industry classification
Industry- Product category
- Enterprise Procurement Software
- NAICS
- Computer Systems Design and Related Services (54151)
- SIC
- Services-Help Supply Services (7363)
- akta.pro primary industry
- Purchase-to-Pay (P2P) Operations (BPAAAJAA)
- akta.pro secondary industries
- Spend Analytics & Reporting Support (BPAAAJAJ), Compliance, Risk & Supplier Due Diligence (KYC/ESG/Sanctions) (BPAAAJAK)
Keywords
Where Gloo.ng is headquartered
LocationHeadquarters
- HQ city
- Lagos
- HQ country
- Nigeria
- HQ region
- Africa
Offices4 records
Markets served
Gloo.ng business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Procurement-as-a-Service (PaaS): Managed services revenue model providing procurement outsourcing services to IOCs and MNCs. The service combines technology (AI-enabled workflow automation), managed execution, and supplier orchestration to deliver procurement outcomes with guaranteed cost reductions.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Gloo.ng product offering
Product offeringCore offering
Gloopro delivers a Procurement-as-a-Service (PaaS) platform that couples AI-enabled embedded workflow automation software with managed execution, supplier orchestration, and last-mile fulfilment logistics for indirect spend procurement. It is targeted at International Oil Companies (IOCs) and Multinational Corporations (MNCs) operating in Africa and integrates with their existing ERP systems and purchasing workflows. The offering promises a 40% reduction in Total Cost of Ownership (TCO), a 67% reduction in cycle time, and procurement process errors as low as 0.16%.
Product overview
Gloo.ng operates as a unified Procurement-as-a-Service (PaaS) platform for International Oil Companies (IOCs) and Multinational Corporations (MNCs) in Africa. The core offering is Gloopro PaaS, an AI-enabled embedded workflow automation software coupled with managed execution, supplier orchestration and last mile fulfilment logistics. The portfolio includes Gloopro Integra, a module designed for seamless integration with existing enterprise workflows and ERP systems. Together, these products deliver end-to-end indirect spend procurement management including materials flow fulfilment for high-stakes enterprise environments.
Differentiator
Problem solved
Functional benefit
Brands
- Gloopro Integra: Part of Gloopro's solutions portfolio, featured as a product/solution offering on the website
Products and services
- Gloopro Procurement-as-a-Service (PaaS) End-to-end indirect spend procurement automation platform that combines AI-enabled workflow automation, managed execution, supplier orchestration, and last-mile fulfilment logistics. Integrates with existing ERP systems and purchasing workflows of International Oil Companies and Multinational Corporations to deliver up to 40% TCO reduction, up to 67% cycle time reduction, and 99.84% quality of service.
Quantifiable outcome
- 40% Reduction in Total Cost of Ownership (TCO) of Indirect Spend Procurement
- +2 more outcomes
Companies that use Gloo.ng
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles2 records
Gloo.ng technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature3 records
Gloo.ng partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and expansion.
- Nigeria OperationscoreNigeria is flagged as a partner country/region with dedicated presence. Operations confirmed in Lagos, Ibadan and Iseyin. This appears to represent a core operational market rather than a formal partnership entity.
- AngolaexpansionAngola marked as 'Coming soon' indicating planned market expansion into Angola.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Gloo.ng competitors and assessment
Company assessmentDirect peers
- GEP Worldwide: Provider of procurement and supply-chain managed services plus the GEP SMART procurement platform. Closest managed-services peer to Gloopro's Procurement-as-a-Service model for large enterprises.
- Coupa Software: Cloud-based business spend management platform covering procurement, invoicing, and supplier management for global enterprises. Comparable to Gloopro in targeting indirect-spend transformation at large multinationals.
- SAP Ariba: Enterprise procurement platform from SAP providing indirect-spend sourcing, supplier management, and contract lifecycle capabilities. Direct competitor to Gloopro on the software/procurement automation layer for large enterprises.
- Proxima (formerly Erbium): Procurement-as-a-service and procurement transformation consultancy serving large enterprises globally. Closely comparable business model to Gloopro's BPaaS positioning and outsourced execution focus.
- Jaggaer: Enterprise source-to-pay platform with strong indirect-spend capabilities serving large global organizations. Comparable to Gloopro in targeting complex enterprise procurement with integrated software and services.
Emerging players
- Arkestro: AI-driven procurement platform using predictive and prescriptive analytics for supplier recommendation and sourcing optimization. Comparable AI/automation focus on indirect spend at large enterprises.
- Keelvar: AI-powered sourcing optimization and procurement automation platform focused on tactical and indirect spend. Comparable technology overlap with Gloopro's AI-enabled workflow automation for complex procurement.
- Procurify: Cloud-based procurement and spend management software for mid-market and growing organizations. Comparable core procurement automation focus, though serving a smaller end of the market than Gloopro's IOC/MNC focus.
Broad incumbents
- IBM Consulting (Supply Chain & Procurement): Global IT services firm offering procurement transformation and managed services via SAP and cognitive procurement offerings. Overlaps with Gloopro on enterprise procurement design and integration but with much broader scope.
- Accenture (Procurement & Supply Chain): Global consulting and outsourcing giant with a large procurement BPO and supply-chain transformation practice. Indirectly competitive on large-enterprise procurement transformation deals, though not a focused specialist.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Gloo.ng social profiles
Digital presenceGloo.ng compliance and trust
Trust signalCompliance5 records
Gloo.ng financial estimates
Financial estimateRevenue estimate
Valuation estimate
Gloo.ng leadership team
Management profileNumber of profiles
Profiles5 records
Gloo.ng funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Gloo.ng M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Gloo.ng
What does Gloo.ng do?
Gloopro delivers a Procurement-as-a-Service (PaaS) platform that couples AI-enabled embedded workflow automation software with managed execution, supplier orchestration, and last-mile fulfilment logistics for indirect spend procurement. It is targeted at International Oil Companies (IOCs) and Multinational Corporations (MNCs) operating in Africa and integrates with their existing ERP systems and purchasing workflows. The offering promises a 40% reduction in Total Cost of Ownership (TCO), a 67% reduction in cycle time, and procurement process errors as low as 0.16%.
Is Gloo.ng a public or private company?
Gloo.ng is a private company. It is classified as venture growth investor backed and is currently operating.
When was Gloo.ng founded?
Gloo.ng was founded in 2012. It employs 11 to 50 people.
Where is Gloo.ng based?
Gloo.ng is headquartered in Lagos, Nigeria, in the Africa region.
How does Gloo.ng make money?
One revenue line is on record: procurement-as-a-Service (PaaS).
Who are Gloo.ng's main competitors?
Direct peers on record are GEP Worldwide, Coupa Software, SAP Ariba, Proxima (formerly Erbium) and Jaggaer. Emerging players are Arkestro, Keelvar and Procurify. Broad incumbents are IBM Consulting (Supply Chain & Procurement) and Accenture (Procurement & Supply Chain).
Does Gloo.ng have an API?
No public API is recorded for Gloo.ng.
What industry is Gloo.ng in?
Gloo.ng's product category is Enterprise Procurement Software. Its primary akta.pro industry code is BPAAAJAA, Purchase-to-Pay (P2P) Operations, with a secondary code of BPAAAJAJ, Spend Analytics & Reporting Support. Its NAICS code is 54151 and its SIC code is 7363.