Proc-Tech

The London startup's Chalfen-led round backs agents that find suppliers, place purchase orders and pay them for consumer brands, following Freehand's $75M and Magentic's $18M raises this year.

The new solution unifies Ariba, Fieldglass, Concur and non-SAP spend data with automated UNSPSC classification, landing the same month SAP's first wave of procurement AI agents goes mainstream.