Onventis logo — Digital transformation of purchasing and finance

Onventis

Digital transformation of purchasing and finance

Founded 2000 Germany Stuttgart, Germany 164 employees Venture round Cloud Infrastructure, E-Commerce

General Information

Company Name Onventis
Founded Year 2000
Location Germany Stuttgart, Germany
Employees 164
Industries Cloud Infrastructure, E-Commerce
Funding Stage Venture round
Social

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About Onventis

Onventis is a cloud pioneer in the digital transformation of purchasing and finance processes. Its all-in-one procurement system, Onventis Buyer, enables companies to achieve financial control, efficiency, compliance, and cost savings. With a workforce of around 130 individuals across Germany, the Netherlands, and Ukraine, the company serves approximately 450,000 users annually, handling a substantial 10 billion euros in business volume through the Onventis Suite. The company's last Venture Round investment was on 11 June 2015, with participation from Landeskreditbank Baden-Württemberg - Förderbank, S-Kap Unternehmensbeteiligungs, and HeidelbergCapital Private Equity.

Onventis' innovative approach to streamlining and automating processes, and its network collaboration with suppliers, have positioned it as a key player in the Cloud Infrastructure and E-Commerce industries since its inception in 2000. The company's slogan "Digital transformation of purchasing and finance" encapsulates its core mission and value proposition, reflecting its commitment to driving digital transformation in the procurement and finance domains.

Taxonomy: cloud pioneer, procurement software, financial control, cost savings, network collaboration, supplier management, business spend management, business process automation, international presence, sustainable growth, e-procurement, supplier network

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 3
Landeskreditbank Baden-Württemberg - Förderbank, S-Kap Unternehmensbeteiligungs +1
11 Jun 2015

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FAQ About Onventis

Digital transformation of purchasing and finance
Onventis was founded in 2000.
Onventis is headquartered in Stuttgart, Germany.
Onventis operates in Cloud Infrastructure and E-Commerce. Its work centres on cloud pioneer, procurement software, financial control and cost savings.
Onventis has approximately 164 employees.
Onventis has completed 1 funding round. The latest funding stage is Venture round.
Top alternatives and competitors to Onventis include Lightspeed Commerce. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Onventis and Lightspeed Commerce are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Onventis, https://bouncewatch.com/company/onventis, updated 24 December 2024. When citing, please name BounceWatch and link this page.

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