Valdera, the AI-driven sourcing platform for chemicals and raw materials, announced it has raised $15 million in Series A funding, led by Index Ventures. Valdera’s first-of-its-kind platform helps manufacturers – from leading consumer brands to industrial giants – bring products to market faster, safer, and more economically than ever before.
Founded by siblings Sruti and Dheev Arulmani, Valdera has built a pioneering platform that uses machine learning and AI to streamline supplier discovery, qualification, and relationship building. The platform integrates Valdera’s proprietary AI technology with real-time market data. Underlying Valdera’s systems is the world’s most extensive database of chemical and raw material suppliers.
“With rising geopolitical uncertainty and climate risk, manufacturers are constantly forced to reinvent their supply chain. Traditional sourcing methods, like Googling one supplier at a time, just aren’t enough,” said Sruti Arulmani, Co-founder and CEO of Valdera. “With advancements in AI, I knew we could change that. Valdera helps manufacturers transform their supply chain – be it with speed, resiliency, sustainability, quality, or cost.”
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Rapidly shifting consumer demands
The demands of today’s consumers are evolving faster than ever. Manufacturers’ R&D and procurement teams must act quickly to keep up. Strategic, technology-driven sourcing is a company’s secret weapon to launching products faster than the competition. Valdera helps these teams discover suppliers and build the high-trust relationships they need to win.
While speed is a top priority, making sure products stay on the shelves is just as critical. Valdera’s technology helps companies stay resilient to shortages, inflation, and supply risk.
It all starts with suppliers
Suppliers are at the root of it all. Without exceptional suppliers, we would not have the exceptional products we love today. Core to Valdera’s approach is helping suppliers build trusted, lasting relationships. Valdera offers suppliers a streamlined way to reach buyers with privacy and peace of mind.
Valdera’s technology provides real-time demand signals, allowing suppliers to refine their offerings and educate buyers based on evolving customer needs.
Tried and tested
Valdera’s platform continues to deliver impressive value for its customers, including:
- Shortening product launch timelines by 30-40%
- Meeting quality standards & certifications, such as ISO, EWG, EcoVadis, Ecocert, COSMOS, etc.
- Achieving an average cost savings of 14% across customers
- Reaching sustainability and social impact targets (e.g., carbon emissions, cruelty free, fair labor practices)
- Keeping product on shelves by swiftly responding to supply disruptions
- Eliminating single-points of failures by expanding supply networks by 2-3x
“Prior to Valdera, finding the right suppliers was often a challenge. You never knew what you might find picking a supplier out of a marketplace or cold calling a supplier listed in a database,” said John Eustis, SVP of Procurement at Toray Industries, the largest carbon fiber producer in the world. “With Valdera, we can quickly get broader market insights and build relationships with vetted suppliers from Europe, South America, China, or the Middle East. The platform also gives us a true global picture of the market for each specific material.”
Valdera’s growing roster of customers include some of the world’s largest manufacturers, ranging from Fortune 500 industrial conglomerates to household CPG and beauty names. Its largest multinational producers spend >$10 billion in raw materials. Many are drawn to Valdera’s ability to widen their aperture of the market and support their goals in supply chain resiliency, localization, diversification, and ESG strategies.
SOURCE: PRWeb