TLDR:
- Didero, a NYC-based AI procurement agent startup, raised $7M in Seed funding.
- The round was led by First Round Capital, with participation from other investors.
Didero, a procurement agent startup, recently secured $7M in Seed funding. The round was led by First Round Capital, with participation from Construct Capital, AI Grant, Box Group, Company Ventures, and Conviction. The company, led by Tim Spencer, Tom Petit, and Lorenz Pallhuber, plans to use the funds to expand operations and further develop its AI procurement agent platform. Didero’s technology integrates with customers’ existing systems and utilizes AI trained in supply chain management to automate various workflows, such as order check-ins, RFQ processes, sourcing, onboarding, purchase order management, invoice management, and payments.
This funding round is crucial for Didero as it will allow the company to scale its operations and enhance its AI technology to provide more efficient and streamlined procurement solutions for its clients. With the backing of reputable investors like First Round Capital and others, Didero is poised for growth and success in the AI procurement space.
