Artificial intelligence-powered contract automation platform startup Vallor announced today that it has raised $4 million in new funding to save enterprises time and money by giving procurement teams the tools to eliminate manual tasks.
Vallor, officially Broad AI Inc., offers an AI-powered contract management platform designed to automate tasks and optimize procurement processes. The platform allows organizations to extract valuable insights from contracts to drive data-driven decisions that maximize value.
Procurement in enterprises often remains manual and fragmented. Vallor argues that the industry’s default is a patchwork of spreadsheets and shared drives or software built in the early 2000s, with duct tape solutions that create more friction than clarity. The result is a reported 9% loss of annual revenue due to poor contract management.
Vallor applies AI agents to extract unstructured data, surface risks, track obligations and deliver insights from contracts. The company transforms scattered contracts into clear business opportunities within minutes by providing complete visibility and instant answers to contract-related queries, accelerating document processing and enhancing decision-making efficiency.
“Procurement is meant to be a strategic driver, but many teams are drowning in contract management overhead,” said co-founder and Chief Executive Antonio Goncalves. “Our AI agents do the heavy lifting: finding what matters, flagging what’s at risk, and delivering real-time insights from contracts, including legacy contracts that have been sitting dormant. This isn’t just about speed. It’s about giving teams a strategic edge they’ve never had before.”
The Vallor platform turns contract insights into measurable business impact by helping organizations achieve savings goals through actionable intelligence. Users can review contracts in minutes instead of days, spot savings opportunities instantly and proactively prevent risks before they emerge.
Vallor AI automation frees teams from administrative work and manual contract management. It does so by automating procurement workflows, allowing teams to focus on strategic priorities while ensuring continuous obligation monitoring and easy reconciliation.
The platform also maintains the highest standards of enterprise security, since it’s compliant with Service Organization Control 2 Type 2 and European Union General Data Protection Regulation. The platform also offers bank-level encryption and regular third-party security audits to ensure that contract data is protected at every level.
The seed funding round was led by Dynamo Ventures and Bloomberg Beta, with Liquid 2 Ventures, El Cap Ventures, Rock Yard Ventures and several individual angel investors also participating.
Image: Vallor
Your vote of support is important to us and it helps us keep the content FREE.
One click below supports our mission to provide free, deep, and relevant content.
Join our community on YouTube
Join the community that includes more than 15,000 #CubeAlumni experts, including Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger, and many more luminaries and experts.
THANK YOU
