AI-native contract intelligence platform drives 12%+ annual financial savings, with one buyer saving $19.5M in simply 5 months
Infinity Loop, the AI-native contract intelligence platform constructed to assist enterprises lower your expenses on vendor contracts, introduced it has raised a $5M Seed Spherical, led by Glasswing Ventures and TIAA Ventures, with participation from Plug and Play, Restive Ventures, and angel buyers. The funding will speed up go-to-market enlargement to satisfy quickly rising enterprise demand.
Most enterprise groups nonetheless handle vendor spend utilizing spreadsheets, legacy instruments, or exterior consultants. That course of is sluggish, inconsistent, and sometimes fails to uncover hidden financial savings or dangers. Infinity Loop’s platform adjustments that by leveraging superior AI to grade current and proposed contracts, flag underperforming phrases, and suggest particular, data-backed negotiation methods tailor-made to every vendor and deal.
Based by procurement consultants and AI specialists Nithin Mummaneni and Kevin Liang, who noticed firsthand how a lot cash was being wasted in vendor negotiations, Infinity Loop replaces the normal reliance on handbook audits and costly consultants. The AI-native platform is constructed from the bottom up with a deep information of sourcing, negotiation, and automation. It leverages superior machine studying to investigate third-party contracts at scale, serving to corporations analyze their contracts, determine weak phrases, and negotiate higher offers routinely. One buyer saved $19.5 million in 5 months. Each firm utilizing the platform has seen at the least 12% in annual financial savings.
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“This funding permits us to scale quicker and produce our product to extra enterprises trying to unlock financial savings and take management of vendor contracts,” mentioned Nithin Mummaneni, Founder and CEO of Infinity Loop. “We’re constructing the answer we all the time wished as consultants, one thing that mixes area experience with AI to ship actual, measurable outcomes. Each firm ought to have entry to that stage of perception with no need a million-dollar consulting contract.”
In accordance with The Hackett Group, bettering spend discount is a high precedence for chief procurement officers this 12 months. Gartner, Inc. estimates that by 2027, 50% of organizations will help provider contract negotiations utilizing AI-native contract danger evaluation and modifying instruments. Infinity Loop’s AI-native platform, which eliminates overspending by uncovering hidden financial savings in vendor contracts and delivers professional negotiation methods, is already reworking the market, enabling monetary companies, CPG, and pharmaceutical shoppers to comprehend tens of millions in price reductions throughout industries.
Presently, 75% of chief procurement officers report wanting to enhance their knowledge analytics and reporting; but, contracts stay among the many least optimized monetary property. Vendor negotiations are nonetheless largely handbook, data-poor, and siloed. Throughout industries, procurement groups wrestle to determine, leverage, benchmark deal phrases, and preserve consistency throughout negotiations. Whereas legacy instruments supply dashboards or storage, Infinity Loop delivers outcomes by way of price financial savings and danger mitigation, not simply insights.
Infinity Loop Contract Intelligence Platform: The place Actual AI Meets Strategic Negotiation
Infinity Loop permits procurement and finance groups to take management of third-party spend by essentially reworking how contracts are analyzed and negotiated. Whether or not coping with legacy agreements or dwell proposals, the AI-native platform ingests and interprets contract knowledge throughout all spend classes. Leveraging proprietary benchmarking knowledge and strategies, Infinity Loop grades every contract, highlights underperforming business and authorized phrases, and delivers tactical negotiation methods tailor-made to the precise vendor context. It serves as an always-on, clever contract command heart, equipping groups with the visibility, insights, and precision wanted to optimize each deal.
Its core capabilities embody:
- Automated Deal Evaluation: Machine studying fashions analyze previous and lively contracts, benchmark them, and assign easy-to-understand grades, flagging underperformance and quick financial savings alternatives.
- Clever Deal Optimization: Groups obtain real-time actionable negotiation insights, peer benchmarks, and market-level indicators, enabling them to safe higher phrases and make extra knowledgeable selections.
- AI-Pushed Vendor Due Diligence: In-depth analysis uncovers hidden leverage factors and market tendencies, giving procurement groups a complete understanding of vendor dynamics.
“Nithin and the Infinity Loop workforce are bringing much-needed intelligence and precision to an area lengthy dominated by handbook processes and missed alternatives,” mentioned Kleida Martiro, Accomplice at Glasswing Ventures. “The workforce has mixed its procurement experience with AI innovation, turning static contracts into actionable intelligence and quick financial savings, which is transformative. We’re proud to again their imaginative and prescient and their execution as they carry a strong, AI-enabled affect to the enterprise.”
“Infinity Loop is redefining how enterprises handle vendor spend by bringing the precision of AI to what has traditionally been an intuition-driven course of,” mentioned Wayne Baker, Chief Funding Officer at TIAA Ventures. “Their workforce’s deep consulting roots give them a novel edge in understanding the ache factors procurement leaders face each day. That is greater than automation; it’s institutionalizing best-in-class negotiation technique into software program. We’re proud to again a workforce that’s turning contract knowledge into probably the most invaluable levers in enterprise finance.”
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