Valdera, a Portland, Oregon-based AI-driven platform for sourcing chemicals and raw materials, has secured $15 million in Series A funding.
Investors
The round was led by Index Ventures, with participation from Susa Ventures, Lerer Hippeau, and BoxGroup.
Founded in 1996, Index Ventures operates from offices in London, San Francisco, and Geneva, partnering with entrepreneurs to turn bold ideas into global businesses, from Seed funding to IPO.
About Valdera
Founded by siblings Sruti and Dheev Arulmani, Valdera offers an AI-powered sourcing platform designed to simplify buying and selling high-quality chemicals and raw materials. The company leverages AI, data science, and ML to automate supplier discovery, qualification, and engagement. Valdera's growing customer base includes some of largest manufacturers, ranging from Fortune 500 industrial conglomerates to household consumer packaged goods (CPG) and beauty brands. Their mission is to help manufacturers create the next generation of products — faster, safer, and more sustainably than ever before.
Funding Details
Company: Valdera, Inc.
Raised: $15.0M
Round: Series A
Funding Date: October 2024
Lead Investor: Index Ventures
Additional Investors: Susa Ventures, Lerer Hippeau, BoxGroup
Company Website: https://www.valdera.com/
Software Category: Product Sourcing Management
Source: https://www.prweb.com/releases/valdera-secures-15-million-to-help-manufacturers-make-the-next-generation-of-products--faster-safer-and-more-sustainably-than-ever-before-302266550.html