Position in SVTR
Snapshot 2026-10-30- Startup SignalsTop 50%new
- Enterprise SoftwareTop 25%new
- AgentsTop 50%new
- Procurement & Supply Chain#1of 14
About
Fragment (Fragment Data Technologies, Inc.) is a San Francisco-based enterprise AI company founded in 2025 that uses AI agents and its Autonomous Context Engine to resolve procurement and payment exceptions—PO changes, invoice disputes, three-way-match issues—for large physical-goods manufacturers such as Graybar, CNX and Flex.
Full tier & rationale — an SVTR Intelligence benefit
Capital graph
Investor· 3
Founders / team· 2
Funding history
- 2026-10-28Series A$56M
Investors · 8VC, General Catalyst, A*Source · fragment.ai ↗
Comparable companies· by market
This company
BusinessLatest roundTotal raisedDate- Fragment
Fragment (Fragment Data Technologies, Inc.) is a San Francisco-based enterprise AI company founded in 2025 that uses AI agents and its Autonomous Context Engine to resolve procurement and payment exceptions—PO changes, invoice disputes, three-way-match issues—for large physical-goods manufacturers such as Graybar, CNX and Flex.
Series A · $56M · 2026-10
$56M
United States
BusinessLatest roundTotal raisedDate- Order.co
AI-driven procurement and accounts payable automation SaaS platform for enterprises
$20M
$20M - Didero
AI that helps mid-sized companies manage supply chains and automate procurement tasks
Series A · $44M · 2026-02
$44M - Canals
AI software for wholesale distributors that automates order processing, invoicing and supply chain workflows
Series A · $35M · 2026-05
$35M
Europe
BusinessLatest roundTotal raisedDate- Lio
AI agents automating enterprise procurement, including supplier evaluation, negotiation, approval and purchase execution
Series A · $33M · 2026-03
$33M - Magentic
Procurement and supply chain AI agents for large manufacturers
Series A · $24M · 2026-09
$24M - Mercanis
AI agents executing sourcing, RFQs, supplier management and other procurement tasks for large enterprises
Series A · $20M · 2025-06
$20M
Other / unspecified
BusinessLatest roundTotal raisedDateConfirmed rounds only. Matched on subsector, sector, stage and funding scale — each verifiable on the company profiles.
Investors that may fit
Y Combinator
42 Enterprise Software deals in the last 24 months · 35 at a nearby stage · 33 in Silicon Valley
Request intro →Andreessen Horowitz
22 Enterprise Software deals in the last 24 months · 15 at a nearby stage · 16 in Silicon Valley
Request intro →Khosla Ventures
19 Enterprise Software deals in the last 24 months · 16 at a nearby stage · 17 in Silicon Valley
Request intro →Lightspeed
18 Enterprise Software deals in the last 24 months · 17 at a nearby stage · 13 in Silicon Valley
Request intro →Sequoia Capital
17 Enterprise Software deals in the last 24 months · 11 at a nearby stage · 13 in Silicon Valley
Request intro →Accel
16 Enterprise Software deals in the last 24 months · 10 at a nearby stage · 9 in Silicon Valley
Request intro →Ranked by each firm’s deals in this sector over the last 24 months, weighted by nearby stage and shared geography. Indicative only — no rating judgment.