AI-Powered Assistant for Procurement and Strategic Sourcing
Company was acquired
Event Year: 2021
Company was acquired
Event Year: 2021
Mentum offered an AI-driven solution designed to enhance strategic sourcing for procurement and supply chain professionals. By leveraging artificial intelligence, Mentum converted unstructured data into valuable, actionable insights, enabling quicker decision-making processes and significant cost reductions. With the support of Google's Gradient Ventures and Y Combinator, Mentum catered to a diverse range of industries, including consumer packaged goods (CPG), energy, automotive, and aerospace, providing tailored solutions to optimize their sourcing strategies and improve overall efficiency. The company was later acquired.
Mentum offered an AI-driven solution designed to enhance strategic sourcing for procurement and supply chain professionals. By leveraging artificial intelligence, Mentum converted unstructured data into valuable, actionable insights, enabling quicker decision-making processes and significant cost reductions. With the support of Google's Gradient Ventures and Y Combinator, Mentum catered to a diverse range of industries, including consumer packaged goods (CPG), energy, automotive, and aerospace, providing tailored solutions to optimize their sourcing strategies and improve overall efficiency. The company was later acquired.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2021
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2021
B2B
B2B
B2B -> Supply Chain and Logistics
B2B -> Supply Chain and Logistics
Team size: 2
Hiring: No
Team size: 2
Hiring: No