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Top 50 Procurement Automation
Discover the top 50 Procurement Automation startups. Browse funding data, key metrics, and company insights. Average funding: $24.4M.
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Provides a procurement automation platform that streamlines industrial purchasing workflows by automating RFQs, requisitions, and vendor communication. The software reduces the time spent on manual tasks like email coordination and quote comparison by automatically parsing vendor responses and aggregating them into a centralized comparison table. Early access is free, with no lengthy contracts or implementations required, enabling teams to scale usage as they integrate the system into their operations.
Funding: $4.0M
Rough estimate of the amount of funding raised
Funding: $4.0M
Rough estimate of the amount of funding raised
Proqube provides an AI-native platform that automates and streamlines the entire procurement lifecycle. It uses AI to identify suppliers, negotiate terms, and manage approvals, reducing manual effort and improving sourcing efficiency.
Mercanis provides an AI‑powered procurement platform that automates intake, sourcing, supplier management, and contract lifecycle in a single, connected workflow. The system leverages 55 autonomous agents to deliver real‑time analytics, risk monitoring, and compliance across millions of procurement decisions. By integrating with existing ERP, SRM, and collaboration tools, it reduces manual effort, accelerates cycle times, and creates a single source of truth for all supplier and contract data.
Funding: $10.0M
Rough estimate of the amount of funding raised
DI TechnologyPlug and PlaySignals Venture Capital
DI TechnologyPlug and PlaySignals Venture Capital
Funding: $10.0M
Rough estimate of the amount of funding raised
Omnea provides an AI-native platform for intelligent procurement orchestration, streamlining the source-to-pay process. The platform integrates intelligent intake, approval workflows, and supplier management to embed governance and control spend. Key features include automated PO creation, third-party risk management, and unified reporting to accelerate decision-making.
Funding: $25.0M
Rough estimate of the amount of funding raised
Accel
Accel
Funding: $25.0M
Rough estimate of the amount of funding raised
compri AI automates daily procurement activities using artificial intelligence to increase speed and efficiency for users. The platform integrates with existing systems to centralize tasks like supplier management, order processing, and RFX handling. This results in time savings, cost reduction through analytics, and improved operational visibility for procurement teams.
Lighthouz AI provides back-office automation software specifically for freight brokerages. The platform automatically audits carrier bills against TMS data and streamlines customer invoicing workflows. This results in accelerated cash flow, reduced back-office costs, and improved operational scalability for logistics teams.
Funding: $500.0K
Rough estimate of the amount of funding raised
Pioneer FundY Combinator
Pioneer FundY Combinator
Funding: $500.0K
Rough estimate of the amount of funding raised
AIBuyer provides an AI-powered procurement platform that automates supplier sourcing, tender generation, and proposal evaluation. It helps businesses, especially those without dedicated procurement teams, find optimal vendors, reduce costs, and accelerate their procurement cycles.
Didero provides an AI procurement agent that automates routine supply chain workflows like supplier follow-ups and invoice matching. This platform integrates with existing ERP and S2P tools to reduce manual administrative time and achieve spend savings. The system ensures human oversight through exception handling, allowing procurement teams to focus on strategic supplier relationships.
Funding: $7.0M
Rough estimate of the amount of funding raised
First Round Capital
First Round Capital
Funding: $7.0M
Rough estimate of the amount of funding raised
Order.co is a B2B marketplace that automates the procurement process by consolidating purchasing, payment, and vendor management into a single platform. This solution enhances spend visibility and control, reduces unapproved expenditures, and streamlines invoice management, ultimately saving businesses time and money.
Funding: $30.0M
Rough estimate of the amount of funding raised
Ankona Capital PartnersStage 2 Capital
Ankona Capital PartnersStage 2 Capital
Funding: $30.0M
Rough estimate of the amount of funding raised
Pancho provides an AI‑powered procurement platform that automatically calculates optimal order quantities and continuously compares supplier prices for independent restaurants. The system generates purchase orders, schedules deliveries, and offers real‑time dashboards to track spend, margins, and inventory, reducing food costs and manual workload.
Provides an AI-driven source-to-pay platform that streamlines procurement processes by integrating sourcing, supplier management, contract management, invoicing, and analytics into a single system. This solution reduces costs, mitigates supplier risk, and automates workflows, enabling enterprises to optimize spending and improve operational efficiency.
Funding: $9.9M
Rough estimate of the amount of funding raised
Dallah InvestmentIliad PartnersOutliers Venture Capital
Dallah InvestmentIliad PartnersOutliers Venture Capital
Funding: $9.9M
Rough estimate of the amount of funding raised
Dexter offers an AI‑native procure‑to‑pay platform that automates request intake, supplier onboarding, order tracking, and four‑way invoice matching. The system integrates with enterprise tools such as Microsoft Teams, using conversational bots and AI agents to enforce approval policies, monitor compliance, and provide real‑time spend analytics for cost control. Revenue is generated through subscription licensing of the platform to midsize and large enterprises seeking to streamline procurement workflows and reduce manual processing.
Funding: $500.0K
Rough estimate of the amount of funding raised
Y Combinator
Y Combinator
Funding: $500.0K
Rough estimate of the amount of funding raised
Forge provides a centralized platform for procurement teams in hardware companies to manage purchase approvals, track spending, and collaborate with manufacturers, replacing inefficient email and spreadsheet processes. This solution enhances visibility and reduces operational delays, ultimately streamlining procurement workflows and cutting costs.
Funding: $500.0K
Rough estimate of the amount of funding raised
Y Combinator
Y Combinator
Funding: $500.0K
Rough estimate of the amount of funding raised
Arkestro provides predictive procurement orchestration software that utilizes machine learning and behavioral science to optimize procurement cycles and automate decision-making. This technology enables businesses to achieve an average savings of 16% within the first 60 days while increasing the efficiency of their supply chain operations without the need for additional resources.
Funding: $28.0M
Rough estimate of the amount of funding raised
Correlation VenturesForum VenturesNew Enterprise Associates
Correlation VenturesForum VenturesNew Enterprise Associates
Funding: $28.0M
Rough estimate of the amount of funding raised
Provides an AI-powered assistant for direct procurement teams to automate purchase order (PO) management tasks, including sending POs, follow-ups, order confirmations, and data entry. By integrating with ERP systems like NetSuite, it reduces manual workload, minimizes errors, and centralizes PO data, enabling faster execution and improved operational efficiency.
Funding: $6.5M
Rough estimate of the amount of funding raised
Lightspeed Venture Partners
Lightspeed Venture Partners
Funding: $6.5M
Rough estimate of the amount of funding raised
Aerchain is an AI-enabled sourcing platform that automates procurement processes, including vendor discovery, requirement gathering, and contract negotiation, to enhance operational efficiency. By providing real-time analytics and intelligent vendor assessments, it addresses the challenges of visibility and collaboration among procurement stakeholders, resulting in significant time and cost savings.
Funding: $4.0M
Rough estimate of the amount of funding raised
Season Two Ventures
Season Two Ventures
Funding: $4.0M
Rough estimate of the amount of funding raised
ProcureDesk provides a purchasing automation platform that enhances spend visibility for mid-market purchasing teams through streamlined procurement workflows and data analytics. This solution addresses inefficiencies in purchasing processes, enabling organizations to manage their expenditures more effectively.
Reframe provides an AI‑driven platform that automates the end‑to‑end hardware procurement workflow, replacing manual purchase order creation and spreadsheet tracking with live part status updates sourced from carrier APIs. The service integrates with existing tools such as Gmail, Slack, and SAP to auto‑read vendor communications, sync ERP data, and deliver real‑time alerts, enabling hardware teams to maintain lean operations. Revenue is generated through subscription licensing of the procurement automation software.
Zentro.ai utilizes artificial intelligence to streamline procurement processes, enabling organizations to source and acquire goods with enhanced speed and accuracy. This platform addresses inefficiencies in traditional procurement methods, significantly reducing time and costs associated with sourcing activities.
Yaydoo is a cloud-based procurement platform that automates business purchasing and financial processes through AI-driven tools for payment collection, reconciliation, and budget management. The platform centralizes operations, reducing manual tasks by up to 70% and ensuring 100% liquidity recovery for over 1,200 companies.
Funding: $20.4M
Rough estimate of the amount of funding raised
Base10 Partnersmonashees
Base10 Partnersmonashees
Funding: $20.4M
Rough estimate of the amount of funding raised
Vroozi offers an AI-powered spend management platform that automates the procure-to-pay process, enabling businesses to manage supplier catalogs, streamline purchase approvals, and automate invoice processing. This solution reduces costs by up to 30% and accelerates payment processing by 65%, enhancing visibility and efficiency in corporate spending.
Funding: $19.0M
Rough estimate of the amount of funding raised
Ally Holdings
Ally Holdings
Funding: $19.0M
Rough estimate of the amount of funding raised
ControlHub provides intuitive procurement software that streamlines the entire purchasing lifecycle from requisition to accounts payable automation. The platform enables efficient spend management through automated purchase order generation, streamlined approval workflows, and secure three-way invoice matching. It offers real-time spend analytics and seamless integration with financial systems like NetSuite and QuickBooks to optimize resource allocation.
Y Combinator
Particel provides AI agents that extract and interpret data from emails, chats, PDFs and spreadsheets, then automatically update ERP or inventory systems for procurement and logistics teams. The solution automates order administration, supplier KPI tracking, and real‑time query answering, cutting manual effort by up to 80% and improving visibility into supplier performance.
Mysupply offers an AI-powered procurement platform that automates tail and tactical spend, covering demand intake, supplier matching, tendering, negotiation, and award processes. The solution integrates with existing ERP systems and is delivered as a usage‑based SaaS subscription.
Procurli provides AI agents that automate up to 80% of procurement and supply chain administrative tasks by monitoring supplier communications. The software integrates with existing ERP systems to automatically reconcile orders, flag discrepancies between documents, and manage follow-ups. This results in significant time savings, reduced human errors, and enhanced operational visibility for procurement teams.
Centro is an inventory operations platform that utilizes AI to automate procurement processes by analyzing vendor communications and synchronizing purchase order data across various systems. This technology reduces manual tracking time by up to 66 hours per month, enhancing accuracy and efficiency in supply chain management for wholesalers and manufacturers.
Founded 2022
Levelpath provides an AI-native platform designed to unify and automate the entire procure-to-pay lifecycle. The system uses intelligent agents to streamline intake, sourcing, contract management, and invoice processing, reducing manual tasks. This centralized approach delivers enterprise-wide visibility and enables procurement teams to focus on strategic value creation.
Funding: $44.5M
Rough estimate of the amount of funding raised
Redpoint
Redpoint
Funding: $44.5M
Rough estimate of the amount of funding raised
Binoloop develops AI agents for autonomous sourcing, enabling government and enterprise clients to efficiently identify and procure resources. This technology addresses the challenges of manual sourcing processes, reducing time and costs associated with procurement activities.
TruBuild offers an AI-powered platform specifically designed for construction procurement and pre-construction workflows. This software automates the evaluation of tenders, compares bids, and tracks contract changes to provide clear decision support. The platform accelerates the review process, reduces manual errors, and helps project owners select the best-fit contractors with greater confidence.
Funding: $180.0K
Rough estimate of the amount of funding raised
Antler
Antler
Funding: $180.0K
Rough estimate of the amount of funding raised
Riff offers a platform for building AI‑driven agents that automate procurement, finance, order‑to‑cash, and supply‑chain workflows directly within ERP systems such as SAP, Oracle, and NetSuite. The agents ingest unstructured inputs, execute structured actions, and write results back to the ERP while providing role‑based governance, audit trails, and SOC 2/GDPR‑compliant security.
Funding: $16.2M
Rough estimate of the amount of funding raised
+ 4 Other investorsNorthzone
+ 4 Other investorsNorthzone
Funding: $16.2M
Rough estimate of the amount of funding raised
Coupa provides an AI‑native total spend management platform that consolidates source‑to‑contract, procure‑to‑pay, accounts‑payable automation, and treasury functions on a single cloud foundation. The solution uses machine‑learning to automate workflow, deliver real‑time spend analytics, and recommend sourcing or payment actions, while open APIs and a marketplace enable integration with ERP and third‑party systems. It targets midsize and enterprise finance, procurement, and supply‑chain teams seeking unified data and cost‑control.
1000+
50K+Approximate amount of employees
Procuo provides a software platform that streamlines the procurement process, from sourcing to supplier management. Their solution helps businesses optimize spending, improve supplier relationships, and reduce procurement cycle times.
Leaner Technologies offers a cloud-based platform that digitizes the procurement process, automating quote requests, supplier selection, and data accumulation for cost reduction analysis. This solution enhances visibility into purchasing activities and optimizes costs, addressing inefficiencies in traditional procurement methods.
Funding: $18.5M
Rough estimate of the amount of funding raised
Globis Capital Partners
Globis Capital Partners
Funding: $18.5M
Rough estimate of the amount of funding raised
Lhotse provides an AI-driven solution that integrates into existing procurement stacks to streamline workflows. The platform offers features like Copilot support, intelligent assistants, and automated document processing to enhance efficiency and accuracy. This results in optimized procurement operations with minimal manual effort and improved data integrity.
Funding: $5.9M
Rough estimate of the amount of funding raised
Cavalry Ventures
Cavalry Ventures
Funding: $5.9M
Rough estimate of the amount of funding raised
EGIXIA offers integrated software solutions to streamline procure-to-pay processes, automating supplier management, procurement, and accounts payable workflows. The platform enhances operational efficiency and provides visibility across financial and supply chain operations through features like supplier self-service portals and ERP integration.
Sudozi provides an AI-powered procurement platform that automates workflows from intake through payment. The system extracts data from documents, manages dynamic approval routing, and generates renewal intelligence to control spend and risk. This platform connects procurement processes with real-time budget and financial insights for strategic decision-making.
Alpas provides an AI-powered sourcing platform that enables manufacturing companies to rapidly scout and benchmark global suppliers for mechanical, electrical, and chemical parts. The platform accelerates procurement by identifying cost-effective alternatives and delivering a 360° view of supplier performance, compliance, and risk. This data-driven approach strengthens negotiation positions and reduces overall procurement spend.
Funding: $2.7M
Rough estimate of the amount of funding raised
Brose VenturesY Combinator
Brose VenturesY Combinator
Funding: $2.7M
Rough estimate of the amount of funding raised
Zapro is a vendor relationship management and procurement platform that automates processes such as vendor onboarding, contract management, and invoicing, integrating with existing ERP systems. It enables startups to streamline procurement operations, reduce total spend by up to 30%, and enhance supplier performance tracking through detailed analytics.
Founded 2022
Provides a unified Source-to-Pay platform that integrates procurement, vendor management, contract tracking, and accounts payable automation into a single tool. It streamlines processes by enabling real-time budget tracking, AI-powered analytics, and seamless ERP integrations, reducing manual tasks and improving financial visibility for procurement, finance, and legal teams.
Funding: $27.1M
Rough estimate of the amount of funding raised
Hedosophia
Hedosophia
Funding: $27.1M
Rough estimate of the amount of funding raised
Akono provides an AI-powered platform designed to automate and optimize the entire procurement-to-pay (P2P) cycle for enterprises. The system integrates intelligent document processing and workflow automation to streamline invoice management, contract compliance, and supplier onboarding. This results in faster processing times, reduced manual effort, and improved financial visibility across the supply chain.
Procol is an AI-based procurement platform that automates manual procurement tasks, reducing cycle times by 30-40% and achieving 20% cost savings for enterprises. The platform provides comprehensive spend control and supplier management, enabling organizations to streamline their purchasing processes and enhance operational efficiency.
Funding: $11.2M
Rough estimate of the amount of funding raised
Funding: $11.2M
Rough estimate of the amount of funding raised
Zip is an intake and procurement orchestration platform that streamlines purchase requests and automates purchase order and invoice management across organizations. By providing early visibility into spending and integrating with existing tech stacks, Zip enhances compliance and reduces unmanaged spend, resulting in measurable cost savings.
Funding: $371.3M
Rough estimate of the amount of funding raised
Adams Street PartnersBondDST Global
Adams Street PartnersBondDST Global
Funding: $371.3M
Rough estimate of the amount of funding raised
Varis is a digital procurement platform that integrates supplier catalogs and offers managed group purchasing to streamline the purchasing process for businesses. By digitizing work orders and automating approvals, Varis reduces manual processes and delivers significant cost savings, achieving over 21% reduction in spending on commonly purchased items.
Funding: $10.0M
Rough estimate of the amount of funding raised
Funding: $10.0M
Rough estimate of the amount of funding raised
Teradix offers an e-procurement solution that automates sourcing and procurement processes, enabling businesses to manage spend from requisitions to contracts efficiently. By utilizing tools like RFQs and reverse auctions, companies can achieve savings of up to 25% while enhancing supplier engagement and gaining actionable insights through customizable analytics.
Funding: $430.0K
Rough estimate of the amount of funding raised
Taqadam
Taqadam
Funding: $430.0K
Rough estimate of the amount of funding raised
Source offers an AI-powered ordering layer that automates B2B e-commerce procurement for retail and brand buying teams. Its agentic intelligence integrates with existing workflows to streamline purchasing decisions and execution, improving operational velocity.
Onward provides workflow automation applications for HR and procurement teams, integrating with over 50 enterprise systems to streamline onboarding, offboarding, and vendor management processes. Their solutions enhance operational efficiency by reducing manual tasks and improving compliance, ultimately strengthening employee engagement and supplier oversight.
Funding: $900.0K
Rough estimate of the amount of funding raised
Atlassian Ventures
Atlassian Ventures
Funding: $900.0K
Rough estimate of the amount of funding raised
Nunki provides a full‑stack AI automation service for growth‑stage SMEs, converting repetitive HR, procurement and back‑office tasks into end‑to‑end workflows. The offering includes a half‑day process discovery workshop, a one‑week proof‑of‑concept, custom OCR/NLP, computer‑vision and rule‑engine models, and API integration with existing ERP/HRIS systems, delivered in a secure cloud environment with pay‑per‑use billing.
Minerva offers an AI‑driven platform that continuously crawls EU public procurement portals, extracts and structures tender specifications, and ranks opportunities by budget relevance and win probability. It automates bid drafting with compliance validation, provides real‑time alerts on document changes, and integrates via API and CRM connectors to give procurement teams collaborative dashboards and workflow automation.
The startup offers a procurement enablement platform that integrates vendor management, invoice processing, and supply quality control into a single interface for mid and large-sized enterprises. This solution streamlines purchasing operations across multiple locations, reducing administrative overhead and improving procurement efficiency.
Funding: $750.0K
Rough estimate of the amount of funding raised
Funding: $750.0K
Rough estimate of the amount of funding raised
DeepStream is a cloud-based procurement platform that streamlines the source-to-contract process by enabling efficient communication and collaboration between buyers and suppliers. The platform reduces reliance on manual tools, allowing procurement teams to increase the number of RFx sent per month and achieve significant savings through automated negotiation features.
Funding: $8.6M
Rough estimate of the amount of funding raised
BeringeaConviction VCPortfolio Ventures
BeringeaConviction VCPortfolio Ventures
Funding: $8.6M
Rough estimate of the amount of funding raised