Eluvium
Reduce Indirect Spend by 10-15%
- Business Model
- B2B
- Website
- eluvium.ai
- Total Funding
- $700K
- Last Round
- $700K Pre-SeedMar 2025
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Eluvium is an agentic procurement platform that uses AI agents to automate purchase intake, supplier sourcing, RFQ creation, and quote evaluation for indirect spend. Its Savings Engine analyzes historical and current pricing to identify proven cost reductions, while Intake with AI turns vague purchase requests into sourceable RFQs, helping procurement teams reduce indirect spend by 10-15%.
Summary
Eluvium is an Artificial Intelligence company. It has raised $700K in total across 1 round, most recently a $700K Pre-Seed round in Mar 2025. Investors include Simya VC and Heartfelt (formerly APX).
Tech & App Stack
1 technology or app tracked
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Funding History
Mar 2025
Investors
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