Seed · AI & Machine Learning · London, United Kingdom · Founded 2020 · 15–25 employees
Procure AI is revolutionizing enterprise procurement with its AI-native platform that deploys over 50 autonomous AI agents to automate end-to-end procurement workflows including sourcing, contracting, purchasing, and invoice management. The London-based startup recently raised $13 million in seed funding led by Headline to scale across Europe, serving major enterprise clients like EnBW and Kärcher who report 30% reductions in processing time and 5% cost savings. The platform integrates with existing systems rather than replacing them, delivering measurable ROI within months and addressing the critical challenge of procurement teams needing to process 3x more volume with flat headcount. Founded by experienced executives Konstantin von Büren (McKinsey, MIT, LBS background) and Yves Bauer, the company has demonstrated strong traction with 4x revenue growth over the past year.