iQuantum.ai is an AI-powered, end-to-end eProcurement SaaS solution built for Global 5000 enterprises. The platform combines diversity spend management, contract management, supplier relationship management, punch-out purchasing and purchasing management into a single suite. It maintains a global supplier database and integrated diversity and ESG spend analysis, and it offers AI-based predictive capabilities and a user experience designed for high adoption. The company reports serving dozens of global enterprise customers. iQuantum plans to use new funding to accelerate growth, add features and enhance marketing to increase market penetration. Founded in 2018 and based in Menlo Park, the company is positioning to expand its enterprise footprint.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2022