Last deal

$67M

Amount

Undisclosed

Stage

11.06.2018

Date

1

all rounds

$67M

Total amount

date founded

Financing round

General

About Company
Supplier.ai is an AI company that enhances procurement efficiency.

Related to

Foundry.AI

Foundry.AI

Foundry is a technology studio that develops profitable AI SaaS products.

Sector

Software and Computer Services

Subsector

Software

Keywords

Artificial Intelligence, Financial Services, Software

Location

Washington Cir NW, Washington, DC, USA

Industry

Sector :

Subsector :

founded date

07.12.2016

Number of employees

Company Type

For Profit

Last funding type

Undisclosed

IPO status

Private

Description

Supplier.ai is an AI company specializing in optimizing procurement processes. Their platform assists companies in identifying, evaluating, and scoring potential and current suppliers, contractors, or vendors. By partnering with prominent players in healthcare, hospitality, and the restaurant industry, Supplier.ai has successfully reduced expenses and improved operating margins. Their AI-powered platform streamlines vendor selection, pricing, and risk management, empowering companies to identify alternative suppliers and make informed decisions for contract agreements.
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Keywords

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Financials

Funding Rounds
1
1

Number of Funding Rounds

$67M

Money Raised

Their latest funding was raised on 11.06.2018. Their latest round Undisclosed

Date 
Funding Round 
Investors 
Money Raised 
Lead 
11.06.2018
$67M
Co-Investors

People

Founders
2
Ned Brody
Ned Brody

Ned Brody

Ned Brody is the Founder & Partner at Foundry.ai.

current job

Foundry.AI
Foundry.AI

organization founded

5

Ned Brody

Jim Manzi
Jim Manzi

Jim Manzi

Jim was founder, CEO and Chairman of Applied Predictive Technologies (APT), which became the world’s largest purely cloud-based predictive analytics software company. Prior to founding APT, Jim worked at AT&T Laboratories, and was a partner at Mercer Management Consulting. Jim received a B.S. in mathematics from the Massachusetts Institute of Technology. He was subsequently awarded a Dean’s Fellowship in statistics to the doctoral program at the Wharton School of the University of Pennsylvania.

current job

Foundry.AI
Foundry.AI

organization founded

5

Jim Manzi

Employee Profiles
1
Joe Jordan

Joe Jordan

CEO & Board of Directors

Activity

Recent News
0