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 get monetary savings 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 traders. The funding will speed up go-to-market growth to fulfill quickly rising enterprise demand.
Most enterprise groups nonetheless handle vendor spend utilizing spreadsheets, legacy instruments, or outdoors consultants. That course of is gradual, inconsistent, and sometimes fails to uncover hidden financial savings or dangers. Infinity Loop’s platform adjustments that by leveraging superior AI to grade present 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 consultants Nithin Mummaneni and Kevin Liang, who noticed firsthand how a lot cash was being wasted in vendor negotiations, Infinity Loop replaces the standard reliance on guide audits and costly consultants. The AI-native platform is constructed from the bottom up with a deep data of sourcing, negotiation, and automation. It leverages superior machine studying to investigate third-party contracts at scale, serving to corporations analyze their contracts, establish 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 very least 12% in annual financial savings.
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“This funding permits us to scale sooner and convey our product to extra enterprises seeking to unlock financial savings and take management of vendor contracts,” stated Nithin Mummaneni, Founder and CEO of Infinity Loop. “We’re constructing the answer we at all times 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.”
Based on The Hackett Group, enhancing spend discount is a prime precedence for chief procurement officers this yr. 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 knowledgeable negotiation methods, is already reworking the market, enabling monetary providers, CPG, and pharmaceutical purchasers to understand thousands and thousands in value reductions throughout industries.
Presently, 75% of chief procurement officers report wanting to enhance their information analytics and reporting; but, contracts stay among the many least optimized monetary property. Vendor negotiations are nonetheless largely guide, data-poor, and siloed. Throughout industries, procurement groups wrestle to establish, leverage, benchmark deal phrases, and preserve consistency throughout negotiations. Whereas legacy instruments provide dashboards or storage, Infinity Loop delivers outcomes by way of value financial savings and danger mitigation, not simply insights.
Infinity Loop Contract Intelligence Platform: The place Actual AI Meets Strategic Negotiation
Infinity Loop allows procurement and finance groups to take management of third-party spend by basically reworking how contracts are analyzed and negotiated. Whether or not coping with legacy agreements or reside proposals, the AI-native platform ingests and interprets contract information throughout all spend classes. Leveraging proprietary benchmarking information and strategies, Infinity Loop grades every contract, highlights underperforming business and authorized phrases, and delivers tactical negotiation methods tailor-made to the particular 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 rapid 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 traits, 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 guide processes and missed alternatives,” stated Kleida Martiro, Companion at Glasswing Ventures. “The workforce has mixed its procurement experience with AI innovation, turning static contracts into actionable intelligence and rapid 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,” stated 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 every single 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 information into one of the worthwhile levers in enterprise finance.”
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