AI procurement firm Omnea raises £36.6m led by Insight Partners and Khosla Ventures
At a glance
This article covers a 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 and Ben Allen. The round brought total funding to over £54.9m and was led by Insight Partners with Khosla Ventures as a key investor.
What does Omnea do?
Omnea is an AI-native orchestration platform that manages purchasing intake for enterprise teams. It centralises supplier management, standardises buying workflows and enforces commercial and risk policies across systems.
Why is Omnea useful?
Problem
Organisations face fragmented procurement across teams and systems, causing slow, inconsistent buying processes. Supplier data and commercial or risk governance are often scattered or missing, increasing delays and exposure.
Solution
Omnea helps by providing an AI-native procurement intake and orchestration platform. It centralises supplier information, streamlines buying across teams 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.
Who invested in Omnea?
The key investors supporting Omnea include the following backers.
- Insight Partners: US growth investor with a track record of scaling software and enterprise-focused businesses internationally.
- Khosla Ventures: Silicon Valley-based firm known for backing ambitious frontier and deep-technology companies.
- Accel: Global venture capital firm that backs early and growth-stage technology companies across multiple markets.
- Point Nine: Berlin-focused investor specialising in early-stage SaaS and marketplace startups.
- First Round Capital: Early-stage firm recognised for its founder-centric community and hands-on operational support.
- Prosus: International tech investor and consumer internet group with significant exposure to high-growth digital businesses.
If you're researching potential backers in this space:
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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 makes tools that help organisations buy and manage goods and services. In plain terms, it simplifies buying and supplier management for teams.
Key trends and challenges in Procurement sector:
AI and automation
AI tools automate tasks like request classification and contract review, reducing manual work and delays.
Example: automated purchase requisition routing speeds approvals.
Integration with legacy systems
Many organisations run ERPs such as SAP and Oracle, making integration complex and slow.
Supplier risk and sustainability reporting
Organisations need better supplier visibility for risk and Scope 3 emissions reporting.
Example: tracking supplier emissions affects corporate sustainability scores.
For a deeper look at innovation in this space, see the latest funded AI startups in the UK
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