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Freqens is a business-to-business software company based in an undisclosed location that develops an artificial intelligence procurement agent to serve as an intelligence platform for corporate purchasing. The platform centralizes supplier data, automates contract deadline alerts, and provides market benchmarks to help small to medium-sized enterprises without dedicated procurement departments optimize their spending on software, human resources technology, and operational expenses. Operating on a software-as-a-service subscription model, the system empowers chief financial officers and operations teams to track vendors, prepare for negotiations, and avoid unexpected contract renewals. The company has secured $3.0 million in total venture funding across a single financing round and is currently utilized by over 100 finance and operations teams to make data-driven buying decisions. The enterprise was established in an undisclosed year by co-founders Maxime Liebens, Richard Gozlan, and Alex Barreira.
Freqens has raised $3.0M across 1 funding round.
Freqens has raised $3.0M in total across 1 funding round.
Freqens is a Paris-based fintech startup that builds an AI-powered negotiation intelligence platform for B2B purchasing, focusing on indirect expenses (opex) like travel, IT services, and general supplies.[1][2][3] It serves SMEs and mid-sized companies by centralizing supplier data, providing real-time market benchmarks, tracking contract renewals, and identifying savings opportunities—addressing opaque pricing and resource constraints that lead to overpayments of up to 45%.[1][2][4] Launched in beta in July 2024 after raising €3M from Seedcamp, Kima Ventures, Sequoia, Motier Ventures, and angels, Freqens drives growth by enabling data-driven negotiations and internal collaboration for smarter buying.[2][3]
Freqens was founded by serial entrepreneurs with scale-up experience: CEO Maxime Liebens (former CSO at MakiPeople and JobTeaser), COO Richard Gozlan (former CEO of Cleanio, sold to Rocket Internet; COO at Agricool and Gopuff), and CTO Alexandre Barreira (former CPTO at Ornikar).[1] The idea emerged amid rising global inflation, where B2B buyers struggle with cost fluctuations and information asymmetry favoring sellers, making it hard to buy at fair prices.[1][4] Early traction came via a €3M seed round in 2024, leading to a beta launch in July and rapid adoption by teams seeking neutral, real-time benchmarking tools.[2]
Freqens rides the wave of economic pressures like inflation and tightening margins, where B2B purchasing remains opaque and under-optimized despite sharp supplier tactics.[1][4] Timing is ideal as SMEs lack dedicated procurement teams, yet face complex negotiations—Freqens democratizes enterprise-grade tools via AI, enabling efficiency without outsourcing.[2][4] Market forces like rising opex and cash conservation favor it, influencing the ecosystem by promoting data-driven cultures, reducing seller dominance, and amplifying finance/procurement teams in a vendor-heavy landscape.[1][5]
Freqens is positioned for expansion by scaling its benchmark database and adding features like deeper industry trends or predictive spending analytics, targeting more categories beyond IT and travel.[3] Trends in AI procurement automation and economic volatility will accelerate adoption among cost-conscious SMEs, potentially evolving it into a standard for "negotiation-ready" businesses.[4] As it grows, Freqens could reshape B2B transparency, empowering buyers globally and unlocking billions in savings—transforming opaque purchasing into a disciplined, always-on advantage.[1][2]
Freqens has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in November 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2024 | $3M Seed | — | Entrepreneur First, General Catalyst, Hambro Perks, Hoxton Ventures, Motier Ventures, Pareto Holdings, Seedcamp, Speedinvest, Philippe Teixeira DA Mota, Thomas Rebaud | Announced |
Freqens has raised $3.0M in total across 1 funding round.
Freqens's investors include Entrepreneur First, General Catalyst, Hambro Perks, Hoxton Ventures, Motier Ventures, Pareto Holdings, Seedcamp, Speedinvest, Philippe Teixeira da Mota, Thomas Rebaud.
