1BUY.AI

1Buy.AI is an AI-first electronics procurement intelligence platform founded by serial entrepreneurs with a track record of multi-billion dollar exits. The company offers three AI-driven platforms: 1Data, an AI-driven data intelligence tool that helps companies significantly reduce sourcing costs; 1Source, a dynamic platform for sourcing fresh electronic components efficiently; and 1Xcess, a transparent marketplace for buying and selling excess and obsolete inventory. 1Buy.AI targets the global electronics manufacturing industry, delivering decision-grade procurement intelligence through real-time market intelligence, risk analysis, supply chain insights, pricing, and sourcing tools. The platform serves OEMs, EMS companies, and suppliers across the electronics ecosystem. Co-founded by Visham Sikand, Nitin Jain (co-founder of OfBusiness), and Pradeep Paliwal (ex-RateGain CTO), 1Buy.AI raised a $3.9 million seed round led by 100Unicorns in January 2026.