Gain
Category: AI in Supply Chain / Logistics
An AI-powered platform that provides autonomous 'AI Employees' to handle end-to-end procurement processes. Gain was founded in 2022. The company is led by Michael Gabay. Based in Tel Aviv, Israel. Team size: 11-50. Total funding raised: $12 million. Latest round: Seed. Key investors include ["The Garage","BlueRed Partners","Bazan Group"].
- Founded
- 2022
- Headquarters
- Tel Aviv, Israel
- Team size
- 11-50
- Total funding
- $12 million
Value proposition
To provide an autonomous AI workforce that manages end-to-end procurement workflows, moving beyond simple task automation to handle complex processes and offering a pay-per-outcome model.
Products and solutions
["Autonomous AI agents ('AI Employees') for end-to-end procurement and operational workflows, including category and merchandising strategy, sourcing, negotiations, contract execution, transaction processing, and exception management."]
Unique value
The concept of 'AI Employees' that function as an autonomous workforce layer, going beyond task automation to handle entire procurement workflows. They also have a unique pay-per-outcome business model.
Target customer
Large enterprises with complex procurement and supply chain operations.
Industries served
["Retail","Manufacturing","Energy/Industrial sectors"]
Technology advantage
Deep-tech AI agents capable of handling complex, end-to-end procurement processes. The business model is a pay-per-outcome approach, which differs from the typical SaaS model. The founder's previous success and experience in a related AI field (computer vision for retail) provides a strong competitive edge.
How they differentiate
Gain differentiates itself by offering 'AI Employees' as an autonomous workforce layer for procurement, rather than a traditional SaaS platform. Their model focuses on handling end-to-end procurement processes, especially 'long-tail' purchasing, and they charge by output rather than per-seat licenses. This contrasts with competitors who provide software tools for human procurement teams to use.
Main competitors
["Zip","Ramp","Brex"]
Key partnerships
["The Garage","BlueRed Partners","Bazan Group"]
Notable customers
["Bazan Group","Tempo Beer Industries","A Fortune 500 company in the US"]
Major milestones
["Successfully emerged from stealth mode.","Secured $12 million in seed funding.","Launched the first 'AI Employees' for end-to-end procurement.","Established pilot programs with notable companies, including a US-based Fortune 500 enterprise."]
Growth metrics
As a seed-stage company that recently emerged from stealth, specific growth metrics are not publicly available.
Market positioning
Gain is positioned as a deep-tech startup targeting the automation of burdensome and time-consuming procurement tasks. They focus on the hidden costs associated with numerous small transactions within the supply chain, offering a novel solution that acts as a dependable AI teammate.
Geographic focus
Headquartered in Tel Aviv, Israel with initial pilots in Israel and the United States.
Patents and IP
Not publicly available
About Michael Gabay
Previously Co-Founder & CEO of Trigo, a computer vision company that reshaped the retail experience by creating autonomous, checkout-free stores.
Official website: https://www.getgain.com/