AI procurement platform Omnea raises £36.6m led by Insight Partners with Khosla Ventures
This article covers Series B on 17 September 2025 for Omnea, a London-based provider of an AI-native procurement intake and orchestration platform, founded by Ben Freeman. The company raised £36.6m in the round led by Insight Partners, with Khosla Ventures also participating.
What does Omnea do?
Omnea provides an AI-native procurement platform that centralises intake, supplier records and approval workflows. It is used to streamline purchasing, centralise supplier management and apply commercial and risk governance to workflows.
Why is Omnea useful?
Problem
Enterprises face fragmented procurement across teams and systems, causing poor buying experience and inconsistent supplier management. That makes it hard to enforce commercial and risk governance consistently.
Solution
Omnea helps by centralising supplier management and orchestrating procurement across teams and systems with AI-native automation. It improves the buying experience and embeds commercial and risk governance into every step.
How much did Omnea raise?
Omnea raised £36.6m ($50m) in a Series B round led by Insight Partners and Khosla Ventures. This makes it the 8th largest funding round in September 2025 (38 recorded). And the deal is also 259th among UK investments this year (501 recorded) in the Startupmag database, as of 20 September 2025.
For details on how Startupmag compiles its rankings, view our Methodology.
Who invested in Omnea?
The key investors are listed below.
- Insight Partners: a New York-based growth investor renowned for backing software businesses as they scale globally.
- Khosla Ventures: a US venture firm focused on ambitious technology and deep-tech startups, often supporting bold, founder-led projects.
- Accel: a global venture firm recognised for early-stage investments in SaaS and consumer internet companies, with a strong presence in Europe and the US.
- Point Nine: a Berlin-based fund specialising in SaaS and marketplaces at seed and early stages.
- First Round Capital: a seed-focused investor known for its founder community and early support for technology startups.
- Prosus: a multinational investor active in consumer internet and marketplaces, with a track record of investments across Europe and emerging markets.
If you're researching potential backers in this space:
- Explore our list of AI venture capital firms in the UK
- Browse our directory of AI angel investors in the UK
Who founded Omnea?
Ben Freeman is the CEO and founder of Omnea.
Where is Omnea based?
Omnea is based in London, UK.
What sector is Omnea in?
Omnea operates in the procurement software sector. This sector builds tools to help organisations buy goods and services efficiently. It helps teams manage suppliers, requests and approvals in one place.
Key trends and challenges in procurement:
AI and automation adoption
Procurement teams increasingly use AI to speed buying and analyse spend, reducing manual work and errors. Example: AI can auto-draft tender documents or classify invoices.
Supply chain and supplier risk
Companies face more supplier disruption from geopolitics and climate events, harming delivery and raising costs. Example: firms map supplier tiers and monitor key risks.
Data fragmentation and system integration
Many organisations still rely on spreadsheets and siloed systems, limiting visibility and control. Example: linking purchasing and finance systems improves forecasting and compliance.
For a deeper look at innovation in this space, see the AI startups in the UK.
They've invested in Omnea
Get to know these AI investors
| Investor | Sector | Stage | Activity | Team | Connect |
|---|---|---|---|---|---|
 Insight Partners | 11 investments investments | 28 contacts contacts | |||
 Khosla Ventures | 9 investments investments | 14 contacts contacts | |||
 Accel | 35 investments investments | 8 contacts contacts | |||
 Point Nine Capital (Point Nine) | 2 investments investments | more info | |||
 First Round Capital | 2 investments investments | more info | |||
 Prosus Group (Prosus) | 2 investments investments | 1 contact contact |
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