Summary:
- Infinity Loop, an AI-native contract intelligence platform in NYC, secured $5M in Seed funding.
- The funding round was led by Glasswing Ventures and TIAA Ventures, with participation from other investors.
- Infinity Loop’s platform uses advanced AI to analyze vendor contracts, identify weak terms, and recommend negotiation strategies for cost savings.
Rewritten Article:
AI Contract Intelligence Platform, Infinity Loop, Raises $5M in Seed Funding
Infinity Loop, a cutting-edge AI-native contract intelligence platform based in New York City, recently announced the successful completion of a $5 million Seed funding round. The funding was led by prominent investors Glasswing Ventures and TIAA Ventures, with additional support from Plug and Play, Restive Ventures, and several angel investors. This financial boost will enable Infinity Loop to expedite its go-to-market expansion efforts and meet the growing demand from enterprises seeking to optimize their vendor contracts.
Traditional methods of managing vendor spend, such as using spreadsheets or relying on outside consultants, often result in slow and inconsistent processes that fail to uncover potential savings or risks. Infinity Loop’s innovative platform revolutionizes this approach by harnessing the power of advanced AI technology to evaluate existing and proposed contracts, flag unfavorable terms, and provide tailored negotiation strategies backed by data. Co-founded by procurement consultants and AI experts Nithin Mummaneni and Kevin Liang, Infinity Loop’s platform empowers companies to analyze contracts, identify weaknesses, and automatically negotiate better deals, ultimately helping procurement and finance teams take control of their third-party spend.
By leveraging machine learning to analyze third-party contracts at scale, Infinity Loop has already delivered significant cost reductions for clients in various industries, including financial services, consumer packaged goods, and pharmaceuticals. The platform serves as an intelligent contract command center, offering unparalleled visibility, insights, and precision to optimize every deal effectively.
Overall, Infinity Loop’s innovative approach to contract intelligence is reshaping how enterprises manage their vendor contracts, paving the way for substantial cost savings and enhanced negotiation strategies in an increasingly competitive business landscape.
Published by FinSMEs on 08/14/2025
