Infinity Loop, a contract intelligence platform, has secured $5 million in seed funding. Glasswing Ventures and TIAA Ventures led the round. This capital will accelerate the company's go-to-market expansion, addressing growing enterprise demand for its solutions.
The platform leverages advanced machine learning to analyze third-party contracts at scale. It helps companies identify weak terms and negotiate improved deals automatically. This contract intelligence platform funding enables procurement and finance teams to gain control over third-party spending.
Enhancing Enterprise Contract Management
Infinity Loop’s platform ingests and interprets contract data across all spend categories, from legacy agreements to live proposals. It utilizes benchmarking data to grade each contract, highlighting underperforming commercial and legal terms. The system then delivers tactical negotiation strategies tailored to specific vendor contexts, similar to capabilities offered by Icertis or Coupa.
The platform functions as an always-on, intelligent contract command center. It provides automated deal analysis using artificial intelligence models to examine past and active contracts. This process highlights immediate savings opportunities, replacing slow, manual reviews with data-driven insights.
The platform also supports intelligent deal optimization, offering real-time negotiation guidance and market-level signals. This helps teams secure stronger terms, a feature also seen in advanced enterprise software solutions like those from Palantir.
Plug and Play Tech Center and Restive Ventures also participated in the seed round.
Nithin Mummaneni and Kevin Liang, procurement consultants and AI experts, founded Infinity Loop in 2021.
