Procure AI
The AI-native Procurement Automation Platform
London, United Kingdom · Founded 2020 · $13.0M raised
- Headquarters
- London
- Employees
- 11–50
- Founded
- 2020
- Business Model
- B2B
- Website
- procure.ai
- Total Funding
- $13.0M
- Last Round
- $13.0M SeedNov 2025
- Rounds
- 1
About
Procure AI is an AI-native procurement automation platform for enterprise procurement teams. The platform deploys 40+ AI agents across end-to-end procurement workflows including spend analytics, generative intake management, autonomous sourcing and negotiations, supplier management, and purchasing operations. Built on a foundation of generative AI and predictive analytics, the platform connects ERPs, eProcurement suites, and third-party data providers through pre-configured connectors. Customers include Energie Baden-Württemberg, DMG MORI, and Kärcher. The company manages over €50B in annual spend across its customer base.
Summary
Procure AI is an Artificial Intelligence company based in London, United Kingdom, founded in 2020. It has raised $13.0M in total across 1 round, most recently a $13.0M Seed round in Nov 2025. Investors include Headline, C4 Ventures and Futury Capital.
Tech & App Stack
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Funding History
Nov 2025
Investors
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