Seed funding announcement

LONDON, WED 5 NOV 2025: Procure Ai, the company pioneering AI-native procurement automation solutions to transform procurement and supply chain management, has raised $13 million in seed funding. The investment round was led by Headline, with participation from C4 Ventures and Futury Capital, as well as other notable angel investors from within the procurement industry.

Procurement teams are being asked to do more with less. 47% of B2B buyers cite operational complexity as a major challenge, whilst 90% of companies report that resource shortages - limited headcount, budget constraints, and skills gaps - are blocking their ability to transform. Companies now face soaring costs, unpredictable delivery timelines, and complex compliance requirements that threaten their bottom lines. Recent US tariffs, including a universal levy and country-specific duties reaching as high as 34%, have created a perfect storm of uncertainty for international trade. The need for intelligent automation has never been greater.

The stakes are substantial. For Fortune 500 and FTSE 350 companies, external supplier costs account for 60-75% of revenue. Even modest efficiency gains translate to billions in potential savings. Research by Hackett Group demonstrates that AI-powered procurement transformation can deliver up to 10% improvements in productivity, quality, and cost savings, whilst digital world-class procurement teams achieve up to 47% lower process costs and 50%+ productivity improvements through generative AI and advanced tooling.

Founded by Konstantin von Bueren and Yves Bauer, Procure Ai's platform delivers measurable cost reductions and operational efficiency precisely when businesses need it most. What sets Procure AI apart is its unique end-to-end approach. Unlike point solutions that target isolated workflows, Procure AI offers a complete AI-native procurement platform covering all processes and use cases where AI can make a real difference. By integrating and enriching fragmented procurement data - rather than replacing existing systems - the platform solves for the actual problems procurement teams face. It’s a secure and sovereign procurement data platform, with dedicated hosting and end-to-end autonomous solutions that directly deliver customer value.

Their platform deploys over 50 AI agents across three categories: autonomous agents that execute procurement tasks independently, collaborative agents that augment human decisions, and ambient agents providing proactive support. 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 (delivering 35-46% time reduction and 3.7-5.2% savings per event) and Quote-to-Order Intake (enabling 60% of requests to run autonomously).

"We're at an inflection point where procurement can no longer be a manual, people-intensive function," said Konstantin von Büren, Co-Founder and Co-CEO at Procure AI. "Our enterprise clients are telling us they need to process 3x the volume of sourcing events with flat or declining headcount. The only way forward is through AI agents that can operate autonomously whilst maintaining the rigour and compliance that procurement demands.""Most procurement tools on the market ask enterprises to completely overhaul existing systems and start fresh. We took the opposite approach," said Yves Bauer, Co-Founder and Co-CEO at Procure Ai. "Our platform sits on top of fragmented data landscapes and makes them intelligible - enriching what's there rather than replacing it. That's why we can deliver ROI in months, not years, and why our clients see us as a true partner rather than another vendor."

The company has experienced significant growth over the past year, with 4x revenue growth. Procure Ai's team of 40+ operates across London, Paris, and Frankfurt, and their enterprise client portfolio includes companies such as EnBW and Kärcher. Customer implementations show concrete results: up to 30% reduction in processing time, more than 5% additional savings, and ROI calculations demonstrating €2.35M annual savings from autonomous sourcing alone for enterprises with €70M tail spend.

"Most procurement AI tools solve isolated problems. Procure Ai solves the system," said Dominic Wilhelm, Partner at Headline. "Their end-to-end platform addresses the fragmented data and manual processes that plague procurement operations, delivering measurable ROI across the entire workflow. That's why enterprises like EnBW and Kärcher have made them their AI platform for procurement."

"Konstantin and Yves have built something rare: an AI-native platform that simplifies procurement by rethinking it from the ground up”, said Pascal Cagni, Founder at C4 Ventures and Chairman of the Board for Business France. “Their ability to achieve 4 X revenue growth whilst maintaining deep technical innovation demonstrates both market validation and execution excellence. We’re backing a team that understands enterprise needs and has the vision to reshape an entire industry."

With the new funding, Procure Ai plans to expand its engineering capabilities and strengthen its go-to-market team, accelerating growth beyond its original DACH focus into the UK, Nordics, Benelux, and France. This European expansion arrives at a critical moment: 78% of organisations now use AI in at least one business function - up from just 55% a year earlier - demonstrating the rapid mainstream adoption of AI across enterprises. Manufacturers, distributors, and retailers are scrambling to recalibrate their sourcing strategies, calculate new landed costs, and find alternatives to traditional supply channels. These are all areas where Procure AI's solutions deliver immediate value.