# Didero

> Didero builds AI agents that automate enterprise procurement for manufacturers and distributors. Its platform sits as an agentic layer on top of existing ERP and procurement tools, reading the messy stream of emails, purchase orders, packing lists, and supplier messages, then executing the routine source-to-pay work - sourcing, quoting, PO lifecycle management, invoice reconciliation, and supplier communication - so supply chain teams can stop chasing exceptions and focus on strategic decisions.

- **Founded:** 2023
- **Headquarters:** New York, United States
- **Founders:** Tim Spencer (Co-founder & CEO), Lorenz Pallhuber (Co-founder), Tom Petit (Co-founder)
- **Team size:** ~42 employees
- **Products:** Didero Procurement Agent, ERP & Tool Integration, Unstructured Data Ingestion, Exception Management
- **Notable:** Raised $30M Series A in February 2026 co-led by Chemistry and Headline, with Microsoft's M12 participating., Grew to 30+ deployed customers across manufacturing and distribution., Acquired Covalent AI to strengthen its agentic procurement platform.

## Products & services

- **Didero Procurement Agent** — An agentic AI layer that automates source-to-pay workflows: sourcing, quoting, purchase order lifecycle management, invoice processing, and supplier communications.
- **ERP & Tool Integration** — Connects to existing ERP and procurement systems without requiring IT build work, reading and writing data across the tools teams already use.
- **Unstructured Data Ingestion** — Ingests natural-language communication from emails, messaging apps, phone calls, purchase orders, and packing lists, then automatically executes the necessary updates and tasks.
- **Exception Management** — Autonomously tracks orders and surfaces or resolves exceptions like price changes, delays, and quality issues using real-time data.

## Achievements

- Raised $30M Series A in February 2026 co-led by Chemistry and Headline, with Microsoft's M12 participating.
- Grew to 30+ deployed customers across manufacturing and distribution.
- Acquired Covalent AI to strengthen its agentic procurement platform.
- Raised a total of roughly $37M since founding in late 2023.

## Latest updates

- **2026-02** — Closed $30M Series A co-led by Chemistry and Headline, with Microsoft's M12 and existing investors participating.
- **2026-02** — Announced acquisition of Covalent AI to expand its agentic procurement capabilities.
- **2024-07** — Raised $7M to automate procurement workflows for mid-market manufacturers.

## Links

- Website: https://didero.ai
- LinkedIn: https://www.linkedin.com/company/didero-ai/
- Twitter/X: https://x.com/DideroAI
- Instagram: https://www.instagram.com/dideroai/

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Profile page: https://yespress.io/didero
Published by YesPress — https://yespress.io
Last updated: 2026-06-15
