What does Vallor do?
Vallor provides an AI-agent platform designed to put procurement contracts on autopilot. The platform automates key procurement processes, enhancing contract intelligence and supplier performance analytics for enterprise teams.
How much did they raise?
The company raised $4M in Seed funding, led by Dynamo Ventures and Bloomberg Beta, with participation from Liquid 2 Ventures, El Cap Ventures, Rock Yard Ventures, Immad Akhund, Sean Henry, and Sequoia’s Scout Fund.
What are their plans for the money?
The new funds will be used to expand the team both in Miami and remotely while accelerating product development in AI automation, contract intelligence, and supplier performance analytics. The investment is expected to boost the company's capability to streamline and optimize procurement operations for clients.
What have they achieved so far?
Under the leadership of CEO Antonio Goncalves, Vallor has established itself as a promising innovator in the procurement automation space, already making strides with its advanced contract automation platform.
