# Tim Spencer

> Tim Spencer is the co-founder and CEO of Didero, a New York company building agentic AI that sits on top of enterprise ERP systems and automates the email-and-phone-call grind of global procurement. He got the idea running Markai, an e-commerce startup he operated across Asia during the pandemic and sold in 2023, where thousands of suppliers and dozens of countries taught him how much of global trade still runs on people manually chasing purchase orders. He founded Didero in December 2023 with McKinsey procurement veteran Lorenz Pallhuber and engineer Tom Petit, and in early 2026 raised a $30 million Series A co-led by Chemistry and Headline, with Microsoft's M12 participating.

- **Role:** Co-Founder & CEO at Didero
- **Organizations:** Didero, Markai
- **Nationality:** American
- **Education:** New York University, Stern School of Business, MBA, Stanford University Graduate School of Business
- **Known for:** Co-founded and leads Didero, an agentic AI procurement company with 30+ enterprise customers, Raised a $30M Series A (total funding roughly $37M) with backing from Chemistry, Headline, and Microsoft's M12, Previously built and sold Markai, an e-commerce operation spanning thousands of suppliers and dozens of countries

## Career timeline

- **~2020** — Founded and ran Markai, an e-commerce startup operating across Asia during the pandemic, managing thousands of suppliers and distributing to dozens of countries
- **2023** — Sold Markai as generative AI made large-scale procurement automation newly feasible
- **2023** — Co-founded Didero in December with Lorenz Pallhuber and Tom Petit
- **2026** — Raised a $30M Series A for Didero, co-led by Chemistry and Headline with M12 (Microsoft's venture fund) participating
- **2026** — Didero surpasses 30 customers among manufacturers and distributors

## Achievements

- Co-founded and leads Didero, an agentic AI procurement company with 30+ enterprise customers
- Raised a $30M Series A (total funding roughly $37M) with backing from Chemistry, Headline, and Microsoft's M12
- Previously built and sold Markai, an e-commerce operation spanning thousands of suppliers and dozens of countries
- Grew Didero to roughly 42 employees within two years of founding

## Latest updates

- **2026-02** — Didero announced a $30M Series A co-led by Chemistry and Headline with M12 participating, to fund product development and go-to-market expansion
- **2026-02** — Didero reported working with more than 30 manufacturer and distributor customers

## Links

- Website: https://didero.ai
- LinkedIn: https://www.linkedin.com/in/tspencer15
- Twitter/X: https://x.com/tspencer15

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Profile page: https://yespress.io/tim-spencer
Published by YesPress — https://yespress.io
Last updated: 2026-07-08