Explore AI procurement companies

Browse AI-enabled procurement companies by workflow, use case, and automation maturity.

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LavenirAI
LavenirAIAssistive

LavenirAI is the world’s first Conversational AI-powered procurement negotiation training platform — built by Procurement experts, for Procurement professionals. Procurement negotiation is the highest-stakes skill in the profession, yet it’s the hardest to develop. Traditional training offers no real practice environment, no objective measurement, and no way to scale consistently across global teams. LavenirAI changes that. Our platform combines three AI agents in one continuous coaching arc: Negotiation Avatars — Adaptive, emotionally responsive AI counterparts that simulate real supplier interactions across a range of personas and styles. Every session is unique, and no two negotiations are the same. Digital Mentor “Harini” — An always-available AI coaching mentor who delivers personalized, quantitative and qualitative feedback immediately after every simulation, tracks development over time, and answers negotiation questions on demand. AI Negotiation Strategy Planner — Learners input upcoming deal context and receive a tailored negotiation plan with supply market-aware coaching — bridging training and live performance. Underpinning it all: 40+ expert-developed learning modules covering the full competency spectrum, from negotiation fundamentals to advanced strategic sourcing, contracting, supplier management, and innovation. Customers report reduced supplier costs, faster onboarding of new procurement professionals, stronger supplier relationships, and measurable, data-driven ROI — with a very high early adopter renewal rate. LavenirAI serves industries globally — including Aviation, Manufacturing, Pharma, Financial Services, Energy & Utilities, and more — with 24/7 on-demand access from any device.

Supplier DiscoveryNegotiation IntelligenceDecision SupportScenario ModelingAutonomous Sourcing
Procol
ProcolSemi-automated
USFounded 2018Sourcing & Supplier Discovery

AI-native Procurement Platform Procol is a Series A funded SaaS startup backed by Peak XV Surge (previously Sequoia India), Blume Ventures, Beenext etc, founded by a team of Google New York, Zomato, OYO alumni - with the mission to digitise $1T+ enterprise procurement spend.

RFx AutomationBid EvaluationNegotiation IntelligenceSupplier Performance ManagementSpend Analytics
Spendflo
SpendfloSemi-automated
USFounded 2020Intake & Orchestration

Spendflo is an AI-native procurement platform built to simplify how modern companies buy. We help procurement teams eliminate bottlenecks, optimize spend, and make every purchase decision count. Our platform automates intake-to-procure workflows, centralizes vendor and contract management, and simplifies security. With AI-driven insights and automated intake, Spendflo enables teams to move faster while staying in control. Trusted by fast-growing and enterprise companies, Spendflo delivers streamlined procurement, clearer visibility, and real business impact at scale.

Intake ManagementWorkflow AutomationGuided BuyingSpend AnalyticsNegotiation Intelligence
Vertice
VerticeSemi-automated
GBFounded 2021Strategy & Spend Intelligence

Vertice is the intelligent procurement platform built for the modern enterprise. By uniting agentic workflows, AI-powered insights, and expert buying talent, we enable finance and procurement teams in 100+ countries to operate with greater precision, speed, and impact. Customers use Vertice's platform to review, analyze and negotiate purchases with greater confidence. Vertice processes over $75 billion in spend, with a proven track record of delivering 20%+ savings and accelerating procurement cycles by 2x. Headquartered in London and recognised by the Financial Times as the UK’s fastest growing scale-up, Vertice also operates in New York, Boston, Sydney, Brno, Linz and Johannesburg. Learn more at www.vertice.one.

Spend AnalyticsMarket IntelligenceIntake ManagementWorkflow AutomationNegotiation Intelligence
NegotiationsAI

NegotiationsAI provides an AI-driven platform for practicing, coaching, and improving negotiation skills through realistic role-play simulations, feedback, and performance insights for sales, procurement, business, and professional training use cases.

Negotiation IntelligenceRFx AutomationBid EvaluationScenario ModelingAward Optimization
K2 Sourcing
K2 SourcingAssistive
USFounded 2003Sourcing & Supplier Discovery

K2 Sourcing provides strategic sourcing services and strategic sourcing software. Strategic sourcing services includes category management advising, global sourcing, spend analysis, and implementing our strategic sourcing software.

Spend AnalyticsSupplier DiscoveryMarket IntelligenceRFx AutomationNegotiation Intelligence
ivoflow
ivoflowSemi-automated
DEFounded 2020Strategy & Spend Intelligence

Save Your Power. Empower Your Savings. ivoflow is a specialized spend analytics platform for global manufacturing enterprises. By enriching internal company data with external market data, ivoflow provides transparency over direct spend and automatically uncovers savings opportunities and commercial risks. The platform empowers strategic procurement departments to make data-driven decisions, driving competitiveness and enhancing profitability. With its solutions, ivoflow addresses key challenges faced by modern procurement organizations — such as decentralized data, lack of market transparency, and untapped savings potential. Founded by two former procurement professionals with over 20 years of experience, companies like Jaguar Land Rover, Dräxlmaier, ZWILLING, and the Fischer Group trust ivoflow.

Spend ClassificationSpend AnalyticsCost ModelingNegotiation IntelligenceDecision Support
Auxionize
AuxionizeSemi-automated
BGFounded 2013Sourcing & Supplier Discovery

Auxionize is a cloud-based service, designed to optimize the efficiency of your company's procurement processes. In a sentence, we are the marketplace where suppliers and buyers meet. We achieve excellent results through our reverse e-auction, contract repository with notifications and after sales tools, RFx module and invoice storage. We are on a mission to increase work productivity dramatically! Follow our journey here.

RFx AutomationBid EvaluationNegotiation IntelligenceSupplier DiscoveryWorkflow Automation
aklara
aklaraSemi-automated
MXFounded 2000Sourcing & Supplier Discovery

Operamos un mercado digital de factoraje que conecta a empresas con una red de inversionistas para anticipar el cobro de sus facturas, mediante un innovador esquema de subastas y así obtener liquidez inmediata. ¿Por qué elegirnos? - Múltiples opciones de fondeo en un solo lugar - Obtén las tasas más competitivas del mercado - Procesos 100% digitales y transparentes

RFx AutomationBid EvaluationNegotiation IntelligenceSupplier Performance ManagementContract Lifecycle Management
Bid4Best Technologies
Bid4Best TechnologiesSemi-automated

Bid4Best (B4B) is an innovative B2B marketplace platform aimed at enhancing the e-commerce landscape by streamlining B2B procurement processes. Catering to the needs of enterprises at every stage, B4B serves as a digital platform connecting buyers and sellers seamlessly. With its advanced features, including catalog management and spend analytics, B4B ensures an efficient procurement journey for businesses of all sizes. Additionally, B4B incorporates cloud-based technology, making it accessible from anywhere, anytime, further solidifying its position as a leader in the procurement marketplace. Gone are the days of lengthy procurement processes, painful bid evaluations, and delayed quote responses. With B4B, businesses can receive the best possible quotes in the shortest amount of time, thanks to our cutting-edge technology and efficient workflows. At B4B, we're committed to making the procurement process simple, fast, and cost-effective for our clients. Whether you're a small business owner or a large corporation, our platform is designed to meet your needs and exceed your expectations. Join the B4B revolution today and experience the future of procurement!

RFx AutomationBid EvaluationNegotiation IntelligenceAward OptimizationSupplier Discovery
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