30/09, Startup Exhibition, Cluster „Intelligent Enterprise", ST23
Key Facts
Company Description
Procure Ai redefines enterprise procurement with a secure, AI-native automation platform. By combining advanced automation, data intelligence, and forward deployed engineers, we help large organizations reduce costs, automate sourcing, and make faster, smarter decisions — all deployed in weeks.
Product/Service Description
AI-native procurement automation platform combining autonomous sourcing, negotiation, and intake management — delivered with forward deployed engineers for fast, enterprise-grade impact.
Website
https://procure.ai
Crunchbase
https://crunchbase.com/organization/procure-ai
Country
United Kingdom
Founding Year
2020
Employees
21-50
Company Stage
Many Paying Customers
Business Model
B2B
Focus Industries
Active Markets
(5 most relevant ones)
Germany, United Kingdom, France, Austria, Switzerland
Look for at Bits & Pretzels
Funding & Investors
3 Lead Investors
Capital Raised to Date
Last Funding Type
Seed
Last Funding Date
Capital Need (€)
Currently Fundraising
(at the time of Bits & Pretzels 2025)
No
Growth Outlook
Traction
10+ customers, €30B spend analyzed, live AI agents, deployed in <8 weeks.
Monetization Model
Subscription-based SaaS model, priced per use case per year incl. updates, support and integrations.
3 Reference Customers
EnBW, Kärcher, DMG Mori