What it sells
AI procurement platform automating manual sourcing.
Business model breakdown
Buyer: who owns the budget?
Procurement directors and heads of procurement.
Trigger: what makes them buy now?
Pressure to cut indirect/service spend and improve supplier competition and transparency.
Workflow: what inputs become what output?
Agents draft RFx/SoW from a brief, invite suppliers by email/text/calls/LinkedIn, run multi-round negotiation and recommend awards with TCO analysis.
Economics: what it saves and how it charges
Supplier-funded, free to buyers; claims $10B+ spend awarded, $1B+ savings, case savings of 12-30%.
Distribution: how it reaches customers
Demo-led ('Request a demo') with free tail-spend benchmarking offer.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| 2025-11-25 | Seed | $8M | — | news.google.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.