AIAxios1h ago

Fragment, which uses AI to resolve purchasing and payment issues across

Fragment, which uses AI to resolve purchasing and payment issues across manufacturing datasets, emerges from stealth with $56M from 8VC and others

TL;DRAI startup Fragment raises $56M to automate payment and purchasing problem-solving for manufacturers.

Why it matters: Manufacturing procurement is fragmented and costly; AI automation here could unlock significant operational efficiency gains industry-wide.

Procurement startup Fragment is exiting stealth with $56 million raised, CEO Pranav Mulgund tells Axios Pro exclusively.

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Source: Axios · Opens in new tab