London-based Procure AI has raised $13 million in seed funding to accelerate the rollout of its AI-native procurement platform at a time when global supply chains are facing heightened volatility. The round was led by Headline, with participation from C4 Ventures, Futury Capital, and several industry-focused angel investors. The financing positions the company to scale its technology and commercial presence across Europe as demand for automation intensifies.
Market Pressure on Procurement
Procurement teams are being pushed to handle rising complexity with shrinking resources, creating mounting operational strain. Nearly half of B2B buyers cite complexity as a major challenge, while 90 percent of companies say limited headcount, budget pressure, and skills gaps are blocking transformation efforts. Rising costs, unpredictable delivery timelines, and new compliance requirements are compounding the pressure, especially as recent US tariffs create fresh uncertainty for international trade.
An End-to-End AI-Native Platform
Procure AI, founded by co-CEOs Konstantin von Bueren and Yves Bauer, is designed to turn procurement from a manual, labor-intensive function into a scalable, automated capability. Unlike point solutions that target isolated workflows, the company’s platform spans sourcing, contracting, purchasing, invoice management, and supplier operations in a single architecture. A key differentiator is its ability to integrate and enrich fragmented procurement data rather than forcing companies to replace existing systems, allowing organizations to move faster and avoid multi-year overhauls.
AI Agents and Performance Impact
The platform deploys more than 50 AI agents across three categories, including autonomous agents that execute tasks, collaborative agents that support human decision-making, and ambient agents that offer proactive assistance. This agent-based approach enables end-to-end automation across core procurement workflows, reducing manual intervention while maintaining compliance and control. Customer implementations have shown 35 to 46 percent time reductions, 3.7 to 5.2 percent savings per sourcing event, and around 60 percent of intake requests handled autonomously, leading to measurable improvements in processing speed and financial outcomes.
Traction and Expansion Plans
Procure AI reports 4x revenue growth over the past year, supported by a team of more than 40 employees operating across London, Paris, and Frankfurt, with enterprise clients including EnBW and Kärcher. These implementations have delivered up to 30 percent reductions in processing time, more than 5 percent additional savings, and ROI models showing €2.35 million in annual savings for companies with €70 million in tail spend. With the new funding, the company plans to expand engineering resources and scale its go-to-market operations beyond the DACH region into the UK, Nordics, Benelux, and France as AI adoption accelerates across enterprise functions.
Procure AI’s funding round highlights a broader shift toward AI-driven procurement as companies look for faster, more resilient, and cost-efficient ways to manage supplier spend. By layering automation on top of existing systems rather than replacing them, the company positions itself as a practical and scalable alternative to traditional transformation programs. If it sustains its current momentum, Procure AI is well placed to become a central platform for enterprises aiming to make procurement a strategic advantage rather than an operational bottleneck.