Insights

AI-native Procurement Procure Ai positions itself as an AI-native procurement automation platform with AI agents and autonomous execution. This presents a sales opportunity to enterprises seeking to modernize procurement operations, reduce manual tasks, and increase cost savings through intelligent process automation.

Seed-Funded Growth With $13M seed funding and revenue in the low to mid single digits, Procure Ai is financially positioned for early-stage growth and customer acquisition. This can interest venture-backed buyers and partnerships looking for innovative, scalable procurement AI solutions with room for rapid expansion.

Europe Focus As a Europe-based provider emphasizing seamless adoption and user-centric design, there is potential to target European enterprises seeking compliant, regionally anchored AI procurement solutions, especially those prioritizing reduced risk and smoother implementation.

Strategic Partnerships Recent collaboration with Future Purchasing to develop an AI-native procurement operating model indicates a strategy toward co-creation and thought leadership. This opens doors for co-sell opportunities, advisory engagements, and joint marketing with procurement thought leaders.

Tech Stack & Integration The technology stack includes SAP, cloud delivery, and integration tools, enabling compatibility with existing ERP and cloud workflows. This provides a clear path for upsell to organizations with SAP-based procurement ecosystems and interest in agent-powered automation.

Similar companies to Procure Ai

Procure Ai Tech Stack

Procure Ai uses 8 technology products and services including Fullstory, Amazon Web Services, HashiCorp Terraform, and more. Explore Procure Ai's tech stack below.

Procure Ai's Email Address Formats

Procure Ai uses at least 2 email formats:
Procure Ai Email FormatsExamplePercentage
First.Last@procure.aiJohn.Doe@procure.ai
91%
First@procure.aiJohn@procure.ai
9%

Frequently Asked Questions

What is Procure Ai's official website and social media links?

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Procure Ai's official website is procure.ai and has social profiles on LinkedIn and Crunchbase.

How much revenue does Procure Ai generate?

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As of August 2026, Procure Ai's annual revenue is estimated to be $1M - $10M.

What is Procure Ai's NAICS code?

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Procure Ai's NAICS code is 5112 - Software Publishers.

How many employees does Procure Ai have currently?

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As of August 2026, Procure Ai has approximately 49 employees across 3 continents, including Europe, Africa and South America. Key team members include Chief Of Staff: B. B., Head Of People: V. P. and Co-Founder And Co-Ceo: K. V. B. Explore Procure Ai's employee directory with LeadIQ.

What industry does Procure Ai belong to?

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Procure Ai operates in the Software Development industry.

What technology does Procure Ai use?

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Procure Ai's tech stack includes Fullstory, Amazon Web Services, HashiCorp Terraform, Docker, Microsoft 365, Google Cloud, Elasticsearch and Slack.

What is Procure Ai's email format?

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Procure Ai's email format typically follows the pattern of First.Last@procure.ai. Find more Procure Ai email formats with LeadIQ.

How much funding has Procure Ai raised to date?

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As of August 2026, Procure Ai has raised $13M in funding. The last funding round occurred on Aug 31, 2020.

When was Procure Ai founded?

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Procure Ai was founded in 2022.
Procure Ai logo

Procure Ai

Software DevelopmentEngland, United Kingdom11-50 Employees

Procure Ai is a Europe-based software company delivering an AI-powered procurement automation platform. The platform combines AI agents, predictive analytics, and autonomous execution to handle end-to-end procurement tasks, with the aim of streamlining operations, reducing risks, and achieving cost savings. It focuses on making AI-enabled procurement easy to adopt through a user-centric design that eliminates administrative tasks and frees resources for strategic work. Based in London, England, the company serves enterprise buyers across Europe seeking to optimize procurement processes and improve efficiency. A recent development involves a collaboration with Future Purchasing to explore what an AI-native procurement operating model could look like, through a jointly produced whitepaper.

Section iconCompany Overview

Website
procure.ai
NAICS Code
5112 - Software Publishers
Founded
2022
Employees
11-50

Section iconFunding & Financials

  • $13M

    Procure Ai has raised a total of $13M of funding over 2 rounds. Their latest funding round was raised on Aug 31, 2020 as a Pre Seed.

  • $1M - $10M

    Procure Ai's revenue is estimated to be in the range of $1M - $10M

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