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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.

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