Tonkean: What Cinch Acquisition Means for Orchestration

Agentic orchestration platform Tonkean has announced the acquisition of AI-powered finance and logistics intelligence startup Cinch.

It marks a major new investment in its procurement and finance offerings, while expanding its presence in Europe, the Middle East and Africa.

Cinch, which was recently named as the 2025 Gartner Cool Vendor in Logistics and Fulfilment Technology, is an advanced, AI-powered platform that helps enterprise finance and procurement teams automatically capture, organise and analyse freight and invoice data in real time – turning unstructured documents into actionable spend insights.

Strategic leadership reinforcement

The deal sees Ohad Azgad, Co-Founder and CEO at Cinch, join Tonkean as its new General Manager for FinanceWorks, Tonkean's agentic orchestration solution for enterprise finance teams. Ran Amar, fellow Co-Founder and CTO, joins Tonkean as the new product architect of FinanceWorks.

Tonkean users will be able to enjoy powerful new capabilities for invoice processing, vendor analytics and spend intelligence – delivering visibility and control over the full procure-to-pay lifecycle.

"The ripest part of any business for disruption by AI is G&A," says Tonkean co-founder and CEO, Sagi Eliyahu.

"This has long been Tonkean's strong suit. We view acquiring Cinch, folding their expertise in finance and logistics intelligence into our broader orchestration capabilities and joining their talented team with ours as a way to double down on areas where we're growing quickly and where we're already leading. We couldn't be more excited."

Enhanced AI-powered finance capabilities

Cinch's finance and logistics intelligence offering will supplement Tonkean's process and agentic orchestration with:

• Real-time AI-powered invoice triage: Rapidly detect real-time discrepancies and risks across documents through a multi-way matching invoice system.
• Centralised vendor analysis with 100% visibility: Benchmark vendors effortlessly and gain valuable spend insights.
• Dashboards for all insights: Automatically process and categorise bulk documents, and output into a streamlined view of your spend data.

"Tonkean is the undisputed leader of the orchestration space," adds Ohad. 

"We've long felt that what they're making possible with end-to-end agentic orchestration is going to define the future of work in enterprise G&A. Tonkean provides a huge unlock for what we've been building at Cinch, and we're excited to see what combining the two makes possible for enterprise finance and procurement teams."

Expanding European market presence

Acquiring Cinch also signals a major investment in Tonkean's EMEA presence. Cinch is based out of Israel, with a major standing in Germany.

"We've found that demand for agentic orchestration is particularly fervent amongst finance and procurement teams in Europe," continues Sagi. "We're signing many new enterprise clients operating there and we've been eager for a long time to expand our overseas footprint. We're excited to be doing exactly that now."

All this comes hot on the heels of a fast-moving autumn for Tonkean, with major investments in its three marquee orchestration offerings.

In September, Tonkean announced the availability of Proactive AI Agents, the first truly proactive, end-to-end AI agents for enterprise procurement, finance and legal teams.

Earlier this month, it announced the hiring of Aaron Bromagen, former Head of Legal Operations at Snowflake, as its new GM of LegalWorks.