Didero raises $30M Series A funding to automate manufacturing procurement with AI

New York–based startup Didero has closed a $30 million Series A round to accelerate its development of AI-powered procurement tools for manufacturers and distributors. The round was co-led by Chemistry and Headline, with additional backing from Microsoft’s M12 venture fund. The funding will help Didero expand its platform, which uses agentic AI to handle complex procurement workflows. By interpreting communications from emails, purchase orders, and messaging apps, the system automates tasks that traditionally required hours of manual work.

Founder Tim Spencer emphasized that the goal is to move from initial sourcing to final payment with minimal human intervention, streamlining processes for companies managing large numbers of suppliers worldwide. The company says this technology reduces human errors, speeds up procurement cycles, and frees staff to focus on higher-value strategic tasks.

Didero leverages series a funding to advance AI procurement in manufacturing

Didero’s platform sits on top of existing ERP systems and acts as an intelligent coordinator. The AI reads incoming messages, identifies tasks, and executes actions across the supply chain, from price negotiations and supplier onboarding to order tracking and exception handling.

Unlike other corporate procurement solutions, Didero is designed for manufacturers and distributors who need end-to-end automation rather than partial assistance. Competitors typically focus on smaller workflows or specific supplier interactions, but Didero aims to manage the entire procurement lifecycle for mid-size and larger companies.

The startup has already secured dozens of clients, including Footprint, a sustainable packaging provider, demonstrating early adoption in industries where procurement complexity is high. Investors were drawn to the platform because of its potential to reduce operational costs and accelerate supplier communication, particularly in global networks where delays and errors are costly.

The company also plans to use the funding to expand its engineering and customer success teams, improve AI accuracy, and enhance integration with third-party systems such as SAP, Oracle, and Microsoft Dynamics. These improvements will help Didero scale faster while maintaining reliability and precision for complex procurement workflows.

Background on Didero and the AI procurement

Didero was founded in 2023 by Tim Spencer, who previously led a large e-commerce operation, alongside Lorenz Pallhuber, a former McKinsey procurement expert, and Tom Petit, a software engineer with experience in enterprise systems. Their combined expertise informed Didero’s design to automate repetitive tasks while leaving strategic decisions in human hands.

The company’s approach aligns with a broader shift toward AI systems capable of performing real-world, multi-step workflows. Traditional automation often requires structured data and heavy human oversight, but “agentic AI” like Didero’s can act autonomously across fragmented systems and unstructured communications.

This trend is particularly relevant in the manufacturing and distribution sectors, where global supply chains involve hundreds or thousands of suppliers. Didero’s platform allows teams to scale operations, reduce errors, and respond quickly to changing supply chain conditions, all critical advantages in today’s competitive market.

With the Series A funding, Didero plans to expand internationally, targeting manufacturing hubs in North America, Europe, and Asia, while continuing to refine its AI algorithms and user experience. The company is positioning itself as a leader in AI-driven procurement solutions, capable of transforming how complex industrial supply chains are managed.

With $30 million in fresh capital, Didero is set to advance the adoption of agentic AI in procurement, automating manual processes while improving efficiency across manufacturing and distribution networks. By combining intelligent automation with human oversight, Didero’s platform offers a scalable solution for companies looking to streamline procurement, reduce errors, and increase operational speed in global supply chains.