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Onventis GmbH, based in Stuttgart, develops Source-to-Pay procurement software for organizations across sectors.
Founded in 1999 in Stuttgart, Germany, Onventis GmbH develops Source-to-Pay procurement software, including supplier management, sourcing, contract management, procure-to-pay, AP automation, and spend analytics. In 2022 it reported revenue of USD 15.88 mn and EBITDA of USD 3.88 mn, mainly from its subscription model. In January 2023, Keensight Capital and its management acquired the company from Main Capital Partners. CEO Frank Schmidt leads the company.
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