London-based Procure AI has built an end-to-end, AI-native procurement platform that overlays existing fragmented data systems rather than replacing them. The product uses more than 50 intelligent agents—autonomous, collaborative and ambient—to automate sourcing, contracting, purchasing and invoice management. Flagship modules such as Autonomous Spot-Buy and Tactical Sourcing have delivered 35–46 % time reductions and 3.7–5.2 % savings per event, while its Quote-to-Order Intake feature autonomously handles roughly 60 % of requests. Acting as a secure procurement data layer, the platform aims to provide measurable cost savings and rapid ROI for enterprises facing budget and headcount constraints. Co-founders Konstantin von Bueren and Yves Bauer emphasize the system’s ability to enrich existing data landscapes, positioning the company as a partner rather than a replacement vendor. Following its latest funding, Procure AI plans to scale its engineering team and bolster go-to-market efforts, expanding beyond its initial DACH focus into the UK, Nordics, Benelux and France. The recent $13 million seed round brings the company’s total disclosed funding to that amount and will finance these growth initiatives.

Total raised

$13M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2025