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Procure AI

AI technology provider that reimagines enterprise procurement with its AI-powered Procurement Automation Platform.

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Theme
Augmented Enterprise
Sector
Agentic Productivity
Fund
C4 Ventures I
Location
Other
Investment Date
August 2020
Founders

Konstantin von Bueren, Yves Bauer

About Procure Ai

 

Procure Ai is a Europe-based AI technology provider that reimagines enterprise procurement with its AI-powered Procurement Automation Platform. The unique combination of Generative AI, advanced predictive analytics, and autonomous execution enables enterprises to streamline operations, automate processes, reduce operational risks, and maximize cost savings

With an emphasis on seamless adoption and user-centric design, Procure Ai enables procurement to harness the full potential of AI to eliminate administrative tasks and reassign resources to strategic opportunities. Customers like EnBW, Kärcher, and DMG Mori report 37% reduced order processing times, 47% faster award decisions, and 4.6% average savings in tail spend negotiations.

 

"Our relationship with C4 Ventures goes back to a serendipitous meeting during a London Business School presentation years ago, where we first connected with different members of the C4 team. Since then, they’ve stayed close to our journey and were among the few who truly understood what we were building when Procure Ai began to take shape. C4 stood out not just as a capital partner, but as deeply thoughtful, founder-friendly allies—analytically sharp, well-versed in industry dynamics, and impressively connected across Europe and beyond. Choosing to work with them wasn’t a strategic debate—it was an obvious, instinctive decision."

Konstantin Von Bueren, Co-Founder, Procure AI

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