# Alpas **Source:** https://geo.sig.ai/brands/alpas **Vertical:** Logistics & Supply Chain **Subcategory:** General **Tier:** Emerging **Website:** alpas.io **Last Updated:** 2026-04-14 ## Summary Singapore procurement automation platform serving SE Asian manufacturing and construction; YC W21 $2.83M BEENEXT-backed at $4.7M revenue with 3-way PO/delivery/invoice matching for SME purchasing workflows. ## Company Overview Alpas is a Singapore-based procurement automation platform — backed by Y Combinator (W21) with $2.83 million raised including a $1.5 million seed round from BEENEXT and Y Combinator in December 2021 — providing manufacturing, construction, and services companies across Southeast Asia with cloud-based purchase order management, supplier management, invoice reconciliation, and spend analytics to replace manual email-and-spreadsheet procurement workflows that dominate SME purchasing in the region. Founded in 2020 and generating $4.7 million in revenue in 2024 with a 31-person team, Alpas serves the procurement digitization need for Southeast Asian businesses that operate in fragmented supplier markets without the ERP procurement modules that large enterprises use. Alpas's procurement platform covers the full purchase-to-pay cycle for SME operations: purchase requisitions (employees request purchases with automatic approval routing), purchase orders (system-generated POs sent to suppliers with price and delivery terms), goods receipt (delivery confirmation against PO), and invoice reconciliation (3-way match between PO, delivery, and supplier invoice before payment release). The supplier management portal enables businesses to maintain approved vendor lists, track supplier performance (on-time delivery, quality reject rates, pricing history), and manage the qualification documentation (business registration, bank details, insurance certificates) that financial controls require. The Southeast Asian deployment focus addresses the procurement reality in markets like Singapore, Indonesia, Malaysia, and Thailand where paper-based and WhatsApp-based supplier communication is still common for SME procurement. In 2025, Alpas competes in the Southeast Asian SME procurement software market with SAP Business One (ETR: SAP, ERP with procurement for mid-market), Tradogram (procurement management SaaS), and Procurify (procurement platform, $50M raised) for procurement digitization adoption among manufacturing and construction companies. Southeast Asia's manufacturing sector growth (electronics, semiconductor supply chain, food processing) drives procurement volume that outgrows manual processes — the procurement pain point accelerates when supplier count exceeds 20-30 vendors and monthly purchase orders exceed 100+ transactions per month. BEENEXT's backing reflects the Singapore venture firm's focus on Southeast Asian B2B SaaS. The 2025 strategy focuses on growing the Indonesia and Malaysia market (largest Southeast Asian SME populations), building the ERP integration for customers using accounting software (Xero, QuickBooks), and expanding the spend analytics dashboard for CFO-level reporting. ## Frequently Asked Questions ### What is Alpas? Alpas is a Singapore-based procurement software company founded in 2020 that provides automated purchasing and supplier management solutions for businesses across Southeast Asia. The company streamlines procurement workflows and reduces costs through intelligent automation and analytics. ### What products and services does Alpas offer? Alpas offers a cloud-based procurement platform that includes procurement software, supplier management, purchase automation, procurement analytics, and vendor management solutions. These tools help businesses automate and optimize their purchasing processes. ### Who are Alpas's target customers? Alpas serves companies across manufacturing, construction, and services industries throughout Southeast Asia. The platform is designed for businesses looking to streamline their procurement workflows and reduce costs. ### When was Alpas founded? Alpas was founded in 2020 and participated in Y Combinator's Winter 2021 (W21) cohort. ### Where is Alpas located? Alpas is based in Singapore, Singapore, and serves businesses across Southeast Asia. ### How much funding has Alpas raised? Alpas has raised $2.83M in total funding, including a $1.5M seed round in December 2021. The seed round was funded by BEENEXT and Y Combinator. ### What are Alpas's key achievements and metrics? Alpas achieved $4.7M in revenue in 2024 and has grown to a team of 31 employees. The company has successfully established itself as a procurement software provider serving multiple industries across Southeast Asia. ### What technology approach does Alpas use? Alpas uses a cloud-based platform with intelligent automation and analytics to streamline procurement workflows. The company's approach focuses on automated purchasing and supplier management to reduce costs for businesses. ### Is Alpas part of Y Combinator? Yes, Alpas is part of Y Combinator's Winter 2021 (W21) cohort. Y Combinator was also one of the investors in Alpas's $1.5M seed round in December 2021. ### What industries does Alpas serve? Alpas serves companies in the manufacturing, construction, and services sectors across Southeast Asia. The platform is designed to meet the procurement needs of businesses in these industries. ## Tags b2b, latin-america, saas, supply-chain, transportation --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*