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Industries
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series A
Total Funding
$20M
Headquarters
London, United Kingdom
Founded
2021
Omnea offers an AI-driven platform that streamlines the procurement process for businesses. Its Intelligent AI Intake system simplifies request submissions, while the platform automates vendor setup and purchase order creation, speeding up procurement tasks. Additionally, Omnea includes features for contract management and risk detection, enhancing data analysis and decision-making. The goal is to transform procurement teams into strategic partners, improving efficiency and cost control.
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Total Funding
$20M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Flexible Work Hours
Omnea named "best Overall eProcurement Software" in 2025.
Omnea, the procurement orchestration platform, today announces a new partnership with Thought Machine, the cloud-native banking technology company. This collaboration equips Thought Machine to seamlessly embed third-party risk and financial governance within its procurement processes, delivering best-in-class user experience to requesters, reviewers, and suppliers.Partnering with Omnea allows Thought Machine to consolidate legacy vendors and unify its third-party risk management processes, procurement intake and approvals, and supplier management processes within a single platform. Omnea makes it simple for employees to make requests and intelligently routes them to the proper security and finance reviewers. Additionally, it automatically sends security questionnaires to suppliers, enabling Thought Machine to maintain the highest level of risk management and compliance with operational resilience-focused regulation.Nitesh Palana, Director of Risk and Compliance and Head of Government Affairs at Thought Machine, commented: “Omnea’s platform enables us to embed consistent security and compliance frameworks throughout our procurement processes to meet stringent regulatory standards such as DORA. After thoroughly reviewing the market, Omnea’s deep focus on risk management made them the clear choice to partner with to transform our procurement processes.”‍Abhirukt Sapru, CCO at Omnea, commented: “Thought Machine is bringing banking infrastructure and payments into the modern age. We’re thrilled to partner in strengthening their third-party risk management posture, while delivering exceptional experiences throughout their end-to-end procurement processes.”
Omnea manages and automates a company’s full supplier lifecycle across both spend and risk management.
Omnea, an AI-powered procurement orchestration and supplier risk management platform, has raised $20 million in Series A funding to make procurement painless and give companies greater control over their spend.
A London startup called Omnea has built a platform to reduce this pain and today announces that it has raised $25 million in funding to expand - specifically a $20 million Series A and seed round of 5 million dollars that it announced for the first time.
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Industries
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series A
Total Funding
$20M
Headquarters
London, United Kingdom
Founded
2021
Find jobs on Simplify and start your career today