# BRM Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/brm-labs

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.brm.ai
- Total disclosed funding: $15M
- Latest round: Series A (Dec 5, 2024)
- Investors on record: 1

## About

Founded in 2022 and based in California, US, BRM Labs, Inc. is an information technology company providing artificial intelligence-powered vendor management and compliance solutions. The company was founded by its CEO, James McGillicuddy, and CTO, Fabian Frank. In December 2024, BRM raised USD 15 million in Series A funding led by new investor Caffeinated Capital.

BRM offers an AI-powered vendor management and procurement platform that automates contract analysis, compliance checks, and spend management. The company empowers buyers by providing them with the tools and insights to negotiate better deals, reduce costs, and streamline their procurement processes. The company’s AI-powered SuperAgents handle repetitive tasks, such as data entry and contract review, freeing up time for procurement teams to focus on strategic initiatives. The platform offers features like contract analysis, spend analytics, and automated renewal reminders to help businesses optimize their vendor relationships and reduce costs.

The company plans to utilize the funding raised in December 2024 to further develop its platform.

## Funding rounds

- Series A, Dec 5, 2024, $15M — Caffeinated Capital

## Investors

- Caffeinated Capital (https://capitalatlas.ai/funds/caffeinated-capital) — Series A