Freqens

Hire Your Procurement Agent

Fintech
Cost Benchmarking
Headquarters
Paris
Employees
11–50
Business Model
B2B
Last Round
Pre-SeedNov 2024
Rounds
1

About

Freqens provides an AI-powered procurement agent that helps companies reduce vendor spend by benchmarking contracts against anonymized transaction data from 500+ vendors. The platform monitors contract deadlines, surveys team satisfaction before renewals, surfaces competitor alternatives with real pricing data, and generates Deal Scores so companies know where they are overpaying. Average clients save 15% on vendor spend. Trusted by 100+ finance and ops teams including La Poste, Qonto, and Planity.

Summary

Freqens is a Fintech company based in Paris, France. Its most recent funding was a Pre-Seed round in Nov 2024. Investors include Seedcamp, Kima Ventures and Motier Ventures.

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Funding History

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