# Mandel AI

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

- Industry: Software
- Headquarters: Dover, US
- Website: www.mandel.ai
- Total disclosed funding: $4.2M
- Latest round: Seed (Mar 16, 2026)
- Investors on record: 4

## About

Mandel AI, based in the US, provides innovative automation solutions for supply chain management, helping businesses enhance their procurement processes through advanced AI-driven technologies.Founded in 2023 and headquartered in Dover, US, Mandel AI specializes in automating supply chain operations. The company raised EUR 3.6 million in SEED funding on March 16, 2026, from investors including e2vc, Ritual Capital, Category Ventures, and Y Combinator. It focuses on serving manufacturers and distributors across North America and Europe, without any reported pivots or changes in operation.Mandel AI specializes in advanced automation solutions for supply chain management, offering a suite of products designed to streamline the procurement process from quoting to delivery. Their core offerings include Auto-Reconcile for error resolution in packing lists, Autonomous RFQs that enable AI-driven supplier communications for quotes, and Intelligent Data Entry for extracting details from various documents and emails. These solutions aim to minimize disruptions in the supply chain, enhance operational efficiency, and provide real-time visibility for businesses dealing with complex supply networks. Targeted towards enterprises in sectors such as manufacturing, retail, and logistics, Mandel AI’s services are being utilized primarily in North America, Europe, and Asia-Pacific, addressing the needs of businesses that require agile and responsive supply chain operations.Revenue for Mandel AI is generated through a structured transaction model that emphasizes B2B relationships, where businesses subscribe to their automation services. This includes a range of pricing plans tailored to meet the needs of different clients, encompassing options for both individual product access and comprehensive service bundles. The company’s flagship offerings, such as the Auto-Reconcile and Autonomous RFQs, are central to their revenue model, as they are designed to drive efficiency and accuracy in procurement processes. Clients typically engage with Mandel AI through annual subscriptions, which provide ongoing access to their suite of supply chain management tools. The transactional framework facilitates partnerships that enable businesses to leverage Mandel AI's technology for enhanced operational performance, directly impacting their profitability and productivity.In March 2026, Mandel AI raised EUR 3.6 million in SEED funding to become the go-to API for international trade communication. The funding will support the company's efforts to facilitate autonomous supply chain management for manufacturers and distributors in North America and Europe. Mandel AI plans to expand its offerings with new products designed to further enhance automation capabilities, targeting launch dates in the upcoming quarters.

## Funding rounds

- Seed, Mar 16, 2026, $4.2M — Y Combinator, Ritual Capital, Category Ventures, e2vc

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Ritual Capital (https://capitalatlas.ai/funds/ritual-capital) — Seed
- Category Ventures (https://capitalatlas.ai/funds/category-ventures) — Seed
- e2vc (https://capitalatlas.ai/funds/e2vc) — Seed