How much funding has Procure AI raised?

Procure AI has raised $13.0M in total funding, most recently a Seed round.

Who are Procure AI's investors?

Procure AI's investors include Headline, C4 Ventures, Futury Capital.

When was Procure AI founded?

Procure AI was founded in 2020.

Where is Procure AI headquartered?

Procure AI is headquartered in London, United Kingdom.

What industry is Procure AI in?

Procure AI operates in Artificial Intelligence, Supply Chain, Data & Analytics, SaaS.

How many employees does Procure AI have?

Procure AI has 11-50 employees.

Procure AI

The AI-native Procurement Automation Platform

London, United Kingdom · Founded 2020 · $13.0M raised

Artificial Intelligence

Supply Chain

Data & Analytics

SaaS

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.

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