Procure AI nets $13M to scale autonomous AI for procurement

London-based
Procure AI, a company pioneering AI-native procurement automation for
procurement and supply chain management, has raised $13 million in seed
funding. The round was led by Headline, with participation from C4 Ventures,
Futury Capital and notable angel investors from across the procurement
industry.

Procurement
teams are under pressure to do more with fewer resources. Forty-seven per cent
of B2B buyers cite operational complexity as a major challenge, and 90 per cent
of companies say constraints such as limited headcount, budget pressures and
skills gaps are hindering their ability to transform. At the same time,
organisations face rising costs, unpredictable delivery timelines and
increasingly complex compliance requirements.

Founded
by Konstantin von Bueren and Yves Bauer, Procure AI’s platform is designed to
deliver measurable cost savings and operational efficiency by helping
businesses optimise spend. A key differentiator is its end-to-end approach.
Rather than targeting isolated workflows, Procure AI offers an AI-native
procurement platform that spans the full range of processes and use cases where
AI can have an impact.

By integrating and enriching fragmented procurement data
instead of replacing existing systems, the platform addresses the practical
challenges procurement teams face. It acts as a secure and sovereign
procurement data layer, with dedicated hosting and end-to-end autonomous
solutions built to deliver direct customer value.

The
platform deploys more than 50 AI agents across three categories: autonomous
agents that execute procurement tasks independently, collaborative agents that
support and enhance human decision-making, and ambient agents that provide
proactive assistance. This AI-native architecture enables end-to-end automation
across sourcing, contracting, purchasing and invoice management.

Core solutions
include Autonomous Spot-Buy and Tactical Sourcing, which have shown 35–46
per cent time reductions and 3.7–5.2 per cent savings per event, and
Quote-to-Order Intake, where around 60 per cent of requests can be handled
autonomously.

Yves
Bauer, Co-founder and co-CEO of Procure AI, noted that while many procurement
tools require companies to rebuild their systems from the ground up, Procure AI
intentionally chose a different approach.

Our
platform sits on top of fragmented data landscapes and makes them intelligible,
enriching what is there rather than replacing it. That is why we can deliver
ROI in months, not years, and why our clients see us as a partner rather than
just another vendor.

With the
new funding, Procure AI plans to expand its engineering team and strengthen its
go-to-market capabilities, supporting growth beyond its initial focus on the
DACH region into the UK, Nordics, Benelux and France.