Orpheus GmbH

Name

Orpheus GmbH

Website

https://orpheus-it.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Spend Analytics Software

NAICS

Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Spend Analytics & Reporting Support (BPAAAJAJ)

Keywords

• Spend analytics software
• Procurement intelligence platform
• Procurement performance management
• Supplier risk monitoring
• Carbon emissions tracking

Headquarters

HQ city

Nürnberg

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Subscription: Software-as-a-Service solution with subscription-based pricing model for enterprise procurement analytics

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Orpheus GmbH operates as the technology entity behind Spendscape by McKinsey, an enterprise-grade AI- and generative AI-powered SaaS spend analytics platform. The platform integrates, standardizes, and analyzes procurement data across enterprise systems to deliver organization-wide spend transparency, advanced data extraction and categorization, a conversational AI chat interface, input cost and resilience monitoring, and Scope 3 carbon emissions tracking for enterprise procurement, finance, and sustainability leaders.

Product overview

Spendscape by McKinsey (also referenced as Orpheus internally) is an enterprise-grade AI-powered SaaS spend analytics platform. The core offering consists of Spendscape software that unifies and enriches procurement data, complemented by Spendscape AI - a generative AI chat interface for conversational data analysis. Additional modules include Input Cost & Resilience for supplier risk management and Carbon Emissions Tracking for sustainability analytics. The platform integrates with enterprise systems like SAP and leverages McKinsey's broader consulting ecosystem.

Differentiator

Problem solved

Functional benefit

Products and services

• Spendscape by McKinsey AI- and generative AI-powered SaaS spend analytics platform that integrates, standardizes, and analyzes procurement data across enterprise systems to create organization-wide spend transparency for procurement, finance, and sustainability leaders.

Quantifiable outcome

• Unprecedented transparency into spend data
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability5 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core and minor.

• SAPcoreTechnology or IntegrationSAP partnered with McKinsey and Lufthansa to develop a clear view of procurement data, integrating multiple sources from across the global business network. Spendscape provided full understanding of procurement spend and Scope 3 emissions insights. Spendscape is listed on SAP Business Technology Platform.
• Procurement LeadersminorChannel Partner/ Reseller/ DistributorProcurement Leaders Marketplace partner providing resources, articles, offering flyers, whitepapers and case studies to their procurement professional membership.
• Spend MattersminorChannel Partner/ Reseller/ DistributorSpend Matters vendor directory listing positioning Spendscape in their SolutionMap with analysis and rankings for procurement technology buyers.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Jaggaer: Jaggaer is a direct procurement and spend analytics platform serving large enterprises across direct and indirect spend. It competes head-to-head with Spendscape on spend transparency, supplier management, and analytics for complex global procurement organizations.
• GEP Worldwide: GEP combines procurement software (NEXE) with managed services, offering spend analytics and category management to global enterprises. It is comparable to Spendscape in its consultative, analytics-led approach to procurement transformation at large organizations.
• Zycus: Zycus is a procurement and spend analytics platform with a Merlin AI engine for autonomous procurement. It competes directly with Spendscape in the AI-driven procurement intelligence and spend visibility category for enterprise buyers.
• Ivalua: Ivalua provides a unified source-to-pay platform with strong spend analytics and supplier management capabilities. It is comparable to Spendscape in targeting enterprise procurement organizations with deep analytics, category management, and supplier collaboration features.
• Basware: Basware provides AP automation, procurement, and spend analytics solutions for mid-to-large enterprises, particularly strong in Europe. It is comparable to Spendscape in serving European enterprise procurement teams with spend transparency and analytics capabilities.

Emerging players

• SpendHQ: SpendHQ is a focused spend analytics and category management platform for procurement organizations. It is an emerging direct competitor to Spendscape in the AI-enhanced procurement analytics niche, with comparable target buyers.
• Sievo: Sievo is a procurement analytics SaaS focused on spend data cleansing, categorization, and savings opportunity identification. It is comparable to Spendscape as a Nordic/European competitor targeting large enterprise procurement organizations with analytics-led workflows.

Broad incumbents

• SAP Ariba: SAP Ariba is the incumbent procurement and spend analytics suite tightly integrated with SAP ERP systems. It is a key competitor and partner ecosystem for Spendscape, serving the same enterprise procurement audience with deep SAP-native spend visibility and category management tools.
• Coupa Software: Coupa is a broad Business Spend Management platform offering procurement, invoicing, and expense analytics to enterprises. It is comparable to Spendscape as a horizontal SaaS procurement analytics solution targeting the same CPO/CFO buyer with overlapping spend visibility and supplier intelligence capabilities.

Regional players

• Proactis: Proactis provides procurement and spend management solutions primarily to mid-market and select enterprise buyers in Europe. It is a regional comparable to Spendscape in the spend analytics and P2P category, with overlapping target buyers in the European market.

Market position

Strengths3 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Orpheus.IT
• LinkedInlinkedin.com/company/2919908

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Orpheus GmbH