Full-Time

Business Development Lead

Posted on 9/11/2024

Omnea

Omnea

11-50 employees

AI-driven procurement automation platform

Enterprise Software
AI & Machine Learning

Senior, Expert

London, UK

Requires in-person presence in London on Tuesdays, Wednesdays, and Thursdays.

Category
Business Development
Business & Strategy
Requirements
  • 7-10 years of experience in business development, venture capital, or private equity, ideally within technical products or relevant sectors
  • Outstanding communicator; verbal, written, and when presenting
  • Ability to quickly master the intricacies of our product without needing support from engineers
  • Proven track record of exceptional performance, whether in academia, work, sports, or other areas where you’ve applied yourself
Responsibilities
  • Be the first Business Development hire at one of Europe’s most promising early-stage companies
  • Collaborate with top 10-20 Private Equity and Growth Equity funds, hosting regular procurement events for their portfolio companies to build strategic relationships
  • Partner with consulting firms and major analysts to position Omnea as a key player in the industry and raise our profile through strategic collaborations
  • Build strong relationships with procurement-focused organisations and industry influencers to expand Omnea’s presence
  • Form partnerships with procurement contractors, recruiters, consultants, and thought leaders to extend Omnea’s reach within the procurement ecosystem

Omnea provides an AI-driven platform that enhances the procurement process for businesses. Its main feature, the Intelligent AI Intake system, allows users to submit requests easily, similar to having a conversation, which helps eliminate confusion and ensures clarity in submissions. The platform automates various procurement tasks, including vendor setup and purchase order creation, making the entire process faster and more efficient. Additionally, Omnea offers tools for contract management, risk detection, and supplier information collection through a vendor portal, all powered by AI for better data analysis. This centralized approach reduces manual work, improves visibility into spending and risks, and supports informed decision-making. Omnea aims to transform procurement teams into strategic partners within organizations, enhancing efficiency and cost control.

Company Stage

Series A

Total Funding

$19.5M

Headquarters

London, United Kingdom

Founded

2021

Growth & Insights
Headcount

6 month growth

7%

1 year growth

7%

2 year growth

7%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased AI adoption in procurement boosts demand for Omnea's automation platform.
  • Remote work trends enhance the need for Omnea's accessible digital procurement solutions.
  • Omnea's AI capabilities support ESG criteria management, aligning with rising corporate priorities.

What critics are saying

  • Emerging AI-driven platforms may increase competition, affecting Omnea's market share.
  • Data privacy concerns could lead to regulatory challenges for Omnea's operations.
  • Economic downturns might reduce client spending on procurement solutions, impacting Omnea's growth.

What makes Omnea unique

  • Omnea's AI-driven platform automates the entire procurement lifecycle, enhancing efficiency.
  • The Intelligent AI Intake system simplifies submission processes, reducing guesswork for users.
  • Omnea's platform offers contract management and automated risk detection, centralizing procurement functions.

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