YC-backed Mandel AI raises €3.6 million Seed round for its AI supply chain coordination platform | EU-Startups
Summary
Mandel AI closed a €3.6 million Seed round supported by Y Combinator, Category Ventures, Ritual Capital, e2vc and other Silicon Valley investors and angels. The Sofia-based startup builds AI agents that sit on top of email and ERP systems to read supplier communications, extract critical data, reconcile documents and act autonomously to detect disruptions and automate procurement. The platform replaces spreadsheets and email chains, enabling one procurement manager to coordinate tasks that previously required a team, and the startup says it has processed over 920 million in material spend for clients in aerospace, pharma and industrials. Mandel will use the funding to expand across North America and Europe and to position itself as an API for international trade communication and autonomous supply chain management.
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