Omnea
Company Summary
Omnea is an AI-powered procurement platform that helps companies manage purchases, renewals, and supplier relationships in one place. It automates approvals and workflows, integrates with internal tools, and gives teams clear visibility into spending. Omnea simplifies how businesses buy and manage the services and tools they rely on.
The Problem
Enterprise procurement is slow and hard to manage. A single purchase can drag on for months, buried in long email chains and manual approvals. Teams lose time waiting for responses, and finance struggles to get a clear picture of where money is going.
The Solution
Omnea replaces fragmented procurement tools with a single platform that guides requests from start to finish. Employees submit what they need through a simple interface. The system handles approvals, fills in contract data automatically, and gives each stakeholder just what they need to move quickly. This reduces delays and makes it easier to manage spend.
Funding
Omnea has raised $25M across two rounds: a $5M Seed and a $20M Series A led by Accel, with continued backing from First Round Capital and Point Nine. The company’s revenues grew 8x year-over-year in 2023 and it now supports teams at Spotify, McAfee, Hargreaves Lansdown, and TeamViewer.
Founders
Ben Freeman
CEO
Ben spent four years at Tessian, building out the go-to-market strategy and later launching and growing the business in the US. There, he grew the team from 5 to 200+ people, and the business to $30M+ ARR, raising ~$130M from renowned investors like Sequoia, Accel, and Balderton. Prior to that he founded the UK’s largest youth events production company.
Ben Allen
CTO
Ben has spent 10 years working in product and engineering, building both B2C and B2B products and growing them to 500,000+ users. Most recently he was the CTO at Playter. He holds a Computer Science degree from the University of Bristol.