Didero bags $7M in seed funding round

Didero, a NYC-based AI procurement startup, has secured $7M in Seed financing.

First Round Capital led the funding round, joined by Construct Capital, AI Grant, Box Group, Company Ventures, and Conviction.

The funds will be used to expand operations and enhance development efforts. Didero's AI integrates with customer systems to automate supply chain workflows such as sourcing and purchase order management.

Founded by Tim Spencer, Tom Petit, and Lorenz Pallhuber, Didero aims to streamline procurement processes with its advanced AI tools.