penny. is a Saudi-based B2B SaaS company that digitizes the full source-to-pay procurement cycle on one cloud platform. It combines e-sourcing, RFQs, purchase orders, supplier management, spend analytics and AI-driven automation so enterprises can cut costs, tighten governance and speed up buying. The modular, customizable system is used by companies across 75+ countries and is layered with AI tools like the Bidly.ai sourcing assistant to make procurement faster and more transparent.
Omnea is an AI-native procurement orchestration platform that turns the slow, fragmented process of requesting, vetting, buying and renewing suppliers into a single, governed workflow. Founded in 2022 by former Tessian executives Ben Freeman and Ben Allen, the London- and New York-based company gives employees one 'front door' to make purchase requests in natural language, then automatically routes those requests to the right people and systems while tracking spend, risk and renewals. It serves enterprises including Spotify, Wise, MongoDB, Albertsons and Adecco, and has raised over $75M from Insight Partners, Khosla Ventures, Accel and others.
Aavenir is a Texas-based enterprise software company that builds AI-powered source-to-pay and contract lifecycle management (CLM) applications natively on the ServiceNow platform. Founded in 2019 by Jesal Mehta, the company uses AI agents, machine learning, and natural language processing to automate contracting, sourcing, invoicing, vendor onboarding, and obligation management so procurement, legal, and finance teams can cut cycle times, reduce risk, and gain end-to-end visibility across the vendor and contract lifecycle.
Didero builds AI agents that automate enterprise procurement for manufacturers and distributors. Its platform sits as an agentic layer on top of existing ERP and procurement tools, reading the messy stream of emails, purchase orders, packing lists, and supplier messages, then executing the routine source-to-pay work - sourcing, quoting, PO lifecycle management, invoice reconciliation, and supplier communication - so supply chain teams can stop chasing exceptions and focus on strategic decisions.