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2026-09-24

$25M of new funding is targeting procurement and vendor risk

2 funded companies building into procurement and vendor risk. The work in scope is what the Head of Procurement owns today.

The funding

Axya$17MSeries Aannounced 2026-09-24

Optimize manufacturing procurement with Axya. Enhance visibility, streamline collaboration, and automate tasks. Say goodbye to spreadsheet chaos and email overload.

Axya closes $17-million Series A to modernize manufacturing procurement →
Primo$8Mannounced 2026-09-22led by Headline

Primo unifies MDM, SaaS management, procurement and IT automation in one platform. Secure every device and automate onboarding across your team.

Primo raises $8M to bring autonomous AI agents to IT operations →

What it means

Capital arriving in a function is a reliable leading indicator. It does not mean the incumbents are wrong, and it does not mean these companies will succeed. It means that within the next few quarters the people who run this work will be asked what their function is doing about it, and the honest answer has to start with where that function actually stands.

So we built the assessment for it. Not a purchase decision, a structured set of questions to take to your own team.

Mastering Procurement and Vendor Risk
12 modules. 144 chapters. Downloadable templates for every module, and an implementation playbook built for you after enrolment. 16 reviews.
View the course

See every market signal →

$25M funded in Procurement and vendor risk | The Art of Service