AI & Enterprise
Procure AI raises 13 million dollars to automate corporate procurement
Procure AI secured 13 million dollars in seed funding, SiliconANGLE reported. The company developed a platform that automates corporate procurement using AI agents to improve efficiency and reduce costs. It uses data and more than 50 agents to automate procurement tasks. Independent agents perform tasks directly, while collaborative agents support human decision-making. The company says its agents shorten procurement time and lower per-item costs.
