DeepStream
DeepStream is a London-based SaaS provider of an AI-enhanced source-to-contract eSourcing platform, serving mid-market procurement teams across 56 nations with modular RFx, eAuctions, contract management, and AI analytics tools.
- Company typePrivate
- Founded2016
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What DeepStream does
DeepStream Technologies Limited is a London-headquartered, privately held SaaS provider of an AI-enhanced source-to-contract (eSourcing) platform, founded in 2016 and commercially launched in early 2018. The platform unifies eight modules — Supplier Discovery, Pre-Qualification, RFx, AI RFP Generation, AI Analytics, Virtual Centre of Excellence, Contract Management, and eAuctions — into a single browser-delivered product targeted at mid-market procurement teams (typically 100-5,000 employees). DeepStream monetizes via annual subscription with quote-based pricing across RFx Basic, RFx Advanced, and bolt-on modules; implementation and onboarding are bundled. The company positions around ease of use and rapid deployment (1-2 weeks vs. 6-9 months for enterprise incumbents), ISO 27001 security posture, and a multi-tier partner programme covering consulting, GTM, reseller, and OEM ('Powered by DeepStream') motions.
DeepStream's customer base spans procurement consulting firms (Adonis Partners, Procrewment, Dryden Group), shipping and logistics (Maersk, DOF, Aibel), EV and energy (IONITY, Xos Trucks, BrewDog, FreeNow, Floating Energy, Scatec, Norwegian Hydrogen), food and beverage (Walkers Shortbread), telecommunications (AllPoints Fibre), animal health (Argenta), and industrial conglomerates (Yinson, Permobil, Rabbalshede Kraft). Reported customer outcomes include 13% average annual cost savings, a 146% increase in sourcing event volume, 30% faster RFP cycles, and up to 3 hours/day saved per procurement specialist. The company has raised £5.1M (Series A, 2021, Beringea-led) plus earlier TechStars accelerator support; it operates an international team across 6 countries serving clients in 56 nations, with no parent company and no disclosed subsidiaries.
Recent strategic emphasis has shifted toward AI-native product surfaces (AI RFP Generation, AI Analytics), analyst-tier recognition (Gartner 2026 Representative Vendor, SpendMatters Customer Favourite 2025), and channel leverage through partnerships with KPMG UK, OREN Marketplace (Shell/IBM mining venture), and Ignite Procurement. Bi-weekly feature releases, an ISO 27001 security posture, and structured partner economics indicate a category-led, indirect-channel growth model targeting procurement functions that have been underserved by enterprise suites.
DeepStream firmographics
Firmographics- Name
- DeepStream
- Legal name
- DeepStream Technologies Limited
- Website
- https://deep.stream
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- DeepStream is a London-based SaaS provider of an AI-enhanced source-to-contract eSourcing platform, serving mid-market procurement teams across 56 nations with modular RFx, eAuctions, contract management, and AI analytics tools.
- Ownership category
- akta.pro rank
DeepStream industry classification
Industry- Product category
- eSourcing / Procurement Software
- NAICS
- Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Custom Computer Programming Services (541511)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Data/Apps Connectivity & Adapters (Connectors, Drivers, SDKs) (HDAEAIAK)
Keywords
Where DeepStream is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
DeepStream business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Subscription: DeepStream operates as a cloud-based SaaS platform with subscription-based pricing. Plans include RFx Basic, RFx Advanced, and bolt-on modules (Pre-qualification, eAuctions, Contract Management, AI Analytics). Pricing is quote-based and tailored to the functions required and business size. Implementation and onboarding costs are included in the plan.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | RFx Basic - Perfect for basic sourcing events |
| Subscription | Annual | RFx Advanced - Handles complex sourcing with ease |
| Subscription | Annual | Bolt-on Modules - Available for both plans |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels8 records
DeepStream product offering
Product offeringCore offering
DeepStream is an AI-enhanced, cloud-based eSourcing SaaS platform that enables buyers and suppliers to communicate and run the entire source-to-contract lifecycle in one place. The offering includes eight integrated modules — Supplier Discovery, Pre-Qualification, RFx, AI RFP Generation, AI Analytics, Virtual Centre of Excellence, Contract Management, and eAuctions — delivered through a browser with no hardware requirements and supported by a four-tier partner programme. The platform is sold on annual subscription with two core plans (RFx Basic, RFx Advanced) and bolt-on modules, with implementation and onboarding included in plan pricing.
Product overview
DeepStream is an AI-enhanced, best-of-breed eSourcing platform for mid-market procurement teams, delivered as a unified platform-plus-modules architecture. The core offering consists of eight integrated modules: Supplier Discovery (AI-powered supplier search), Pre-Qualification (supplier onboarding questionnaires), RFx (RFP/RFQ/RFI management), AI RFP Generation (AI document creation), AI Analytics (conversational data analysis), Virtual Centre of Excellence (policy/template repository), Contract Management (contract lifecycle management), and eAuctions (real-time online bidding). The platform supports a modular pricing model where RFx Basic and Advanced provide core functionality, while Contract Management, eAuctions, and AI Analytics are available as bolt-on add-ons. All modules share a unified data layer enabling seamless source-to-contract workflows.
Differentiator
Problem solved
Functional benefit
Products and services
- DeepStream eSourcing Platform (RFx Basic and RFx Advanced) Cloud-based SaaS eSourcing platform providing the core RFx lifecycle for mid-market procurement teams, including multi-stage RFx events (NDA, RFP, BAFO), evaluation module, supplier messaging, audit trail, savings tracking, supplier network, locked/public events, and SSO on Advanced. Sold on annual subscription with implementation and onboarding included.
- eAuctions Module Bolt-on module providing real-time online reverse auctions where suppliers compete by submitting bids in a live digital environment, designed to reduce negotiation time and drive competitive pricing for mid-market procurement teams. Sold as an annual subscription add-on to RFx Basic or RFx Advanced.
- Contract Management Module Bolt-on module enabling storage of legacy contracts, creation of new contracts directly from awarded RFx events, automated renewal reminders, and full contract history for mid-market procurement teams. Sold as an annual subscription add-on to RFx Basic or RFx Advanced.
- AI Analytics Module Bolt-on module providing AI-driven conversational analytics over source-to-contract data held within DeepStream, generating instant reports, tables, charts, and graphs in response to natural-language queries. Sold as an annual subscription add-on to RFx Basic or RFx Advanced.
- Pre-Qualification Module Bolt-on module enabling procurement teams to build custom supplier onboarding questionnaires and engage pre-screened suppliers with verified compliance before running RFx events. Sold as an annual subscription add-on to RFx Basic or RFx Advanced.
Quantifiable outcome
- 13% average annual cost savings for DeepStream clients
- +5 more outcomes
Companies that use DeepStream
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles2 records
DeepStream technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature10 records
DeepStream partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- Ignite ProcurementcoreDeepStream and Ignite Procurement formed a joint go-to-market partnership combining Ignite's supplier and spend analytics capabilities with DeepStream's best-of-breed RFx platform. CEO Sigbjørn Nome described it as providing customers with the entire source-to-contract offering with seamless data flow between platforms.
- KPMG UKcoreOut of thousands of technologies, KPMG chose DeepStream as their selected vendor to augment business value with best-of-breed procurement software. KPMG stated that adoption of best-of-breed solutions moves the dial from transaction-based models to value-adding procurement activities.
- Insight PlumcoreInsight Plum partnered with DeepStream to offer customers a best-of-breed RFX tool that is easy to use and can be set up within days. CEO Mayank Chandla noted the partnership addresses the challenging economic environment where businesses seek cost reduction and efficiency improvement.
- ScoutbeeminorScoutbee partnered with DeepStream to transform the customer experience from siloed mail and paper-based workflows to integrated and connected digital AI-driven strategic procurement. VP Alex Diebald highlighted similar missions, visions, mindsets, and technologies.
- Brooklyn Vendor AssistanceminorBrooklyn Vendor Assistance partners with DeepStream to digitalise procurement end-to-end and streamline the customer-supplier relationship. Combining DeepStream's RFx management with Brooklyn's VendorOps SaaS platform for post-contract compliance transforms the Procurement function.
- Twisted OrangeminorTwisted Orange partners with DeepStream to provide class-leading RFx technology to organisations at any stage of their procurement journey. Founded on the principle that RFx technology should support existing ways of working rather than conflict with them.
- Digital Supply Chain & Sustainability ConsultingminorDSSC partnered with DeepStream as a digital native Source-to-Contract platform provider, ushering in a digital revolution with an innovative, agile solution that simplifies, digitizes, and automates the supply chain process.
- James Meads ConsultingminorDigital procurement advisor and consultant James Meads partners with DeepStream. He emphasises that like Apple, procurement software needs to look and feel nice to drive user adoption, not just offer the most features.
- McDaniel and CullenminorSupply chain consulting firm McDaniel and Cullen selected DeepStream for its high functionality, simplicity of use, strong customer service, and fair pricing structure to bring to their clients.
- Dryden GroupminorDryden Group, which has conducted sourcing events on behalf of clients for years, partnered with DeepStream, finding it the most user-friendly, intuitive, and effective RFx platform compared to alternatives used previously. COO Dominic Nguyen cited the combination of sourcing expertise with DeepStream's eProcurement Platform.
- OREN Marketplace (Shell and IBM venture)coreOREN Marketplace (a Shell and IBM joint venture focused on the mining value chain) partners with DeepStream as a recommended point solution for digital procurement. DeepStream enables OREN's mining customers to streamline RFx processes and increase efficiency with speed of procurement transactions and user-friendly software.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
DeepStream competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
DeepStream social profiles
Digital presenceDeepStream compliance and trust
Trust signalCompliance1 record
DeepStream financial estimates
Financial estimateRevenue estimate
Valuation estimate
DeepStream leadership team
Management profileNumber of profiles
Profiles17 records
DeepStream funding detail
Funding detailFunding overview
Funding rounds4 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DeepStream M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about DeepStream
What does DeepStream do?
DeepStream is an AI-enhanced, cloud-based eSourcing SaaS platform that enables buyers and suppliers to communicate and run the entire source-to-contract lifecycle in one place. The offering includes eight integrated modules — Supplier Discovery, Pre-Qualification, RFx, AI RFP Generation, AI Analytics, Virtual Centre of Excellence, Contract Management, and eAuctions — delivered through a browser with no hardware requirements and supported by a four-tier partner programme. The platform is sold on annual subscription with two core plans (RFx Basic, RFx Advanced) and bolt-on modules, with implementation and onboarding included in plan pricing.
Is DeepStream a public or private company?
DeepStream is a private company. It is classified as venture growth investor backed and is currently operating.
When was DeepStream founded?
DeepStream was founded in 2016. It employs 11 to 50 people.
Where is DeepStream based?
DeepStream is headquartered in London, United Kingdom, in the Europe region.
How does DeepStream make money?
One revenue line is on record: saaS Subscription.
Does DeepStream have an API?
No public API is recorded for DeepStream.
What industry is DeepStream in?
DeepStream's product category is eSourcing / Procurement Software. Its primary akta.pro industry code is HDAEAIAK, Data/Apps Connectivity & Adapters (Connectors, Drivers, SDKs). Its NAICS code is 54151 and its SIC code is 7372.