dSilo
Category: AI Agents
AI-native enterprise transformation platform specializing in procurement automation, contract intelligence, and commercial operations through an Agentic AI platform. dSilo was founded in 2020. The company is led by Sharad Malhautra. Based in New York, United States. Team size: 51-200. Total funding raised: Not publicly disclosed (strategic investment from Wellington Management in 2025). Latest round: Strategic investment from Wellington Management (2025). Key investors include Wellington Management, Microsoft for Startups.
- Founded
- 2020
- Headquarters
- New York, United States
- Team size
- 51-200
- Total funding
- Not publicly disclosed (strategic investment from Wellington Management in 2025)
Value proposition
Leverages generative AI and large language models to revolutionize enterprise workflows, enhancing efficiency and decision-making.
Products and solutions
ProcureGPT™, Agentic AI Platform, Contract Intelligence Solutions, Finance AI Agents, Commercial AI Agents, Operating Partner AI Agents
Unique value
Distributed multi-agent architecture with knowledge graphs and LLMs for enterprise transformation.
Target customer
Enterprises requiring AI-driven solutions for procurement, contracts, and commercial operations.
Industries served
Enterprise Software, AI & Machine Learning, Procurement Technology, Life Sciences, Technology Manufacturing, Aerospace
Technology advantage
Proprietary Agentic AI platform enabling self-evolving systems for procurement and commercial operations.
How they differentiate
dSilo differentiates itself through its AI-native platform leveraging generative AI, large language models (LLMs), and knowledge graphs. Unlike traditional SaaS procurement vendors, it focuses on agentic AI for automation in procurement, contracts, and commercial operations.
Main competitors
Agiloft, Levelpath, Spyne, Goodfire, Runway, Emely AI, Tacto
Key partnerships
Wellington Management (strategic investment), Microsoft for Startups (previous funding)
Notable customers
Life Sciences companies, Technology Manufacturing, Aerospace companies
Major milestones
Recognized in Spend Matters Future 5 List 2023, Strategic investment from Wellington Management (2025), Partnership with ProcureAbility for AI-enabled procurement solutions, Built global team of 51-200 professionals, Deployed AI solutions across 50+ enterprises, ProcureTech100 recognition 2025/26
Growth metrics
Serves 50+ enterprises globally; team of 51-200 employees; Over $150B in spend on platform
Market positioning
Positioned as an innovative leader in AI-driven enterprise transformation, targeting mid-to-large enterprises seeking advanced automation in procurement and contract management. Recognized in Spend Matters Future 5 List 2023.
Geographic focus
Primarily North America with global enterprise clients (50+ enterprises). Expanding into international markets through its New York-based headquarters and distributed team model.
Patents and IP
No specific patents identified in public domain as of 2025
About Sharad Malhautra
Over 18 years of global leadership experience across United States, Europe, and Asia. Former Senior Manager at EY (2010-2020) focusing on business and digital transformation for 25 countries. Former Principal Consultant at Honeywell (2003-2008). Expertise in change management, business strategy, and digital innovation.
Official website: https://dsilo.ai