The funding will support the company’s go-to-market expansion amid surging enterprise demand.
Founded by procurement consultants and AI experts Nithin Mummaneni and Kevin Liang, Infinity Loop replaces the slow, inconsistent, and often incomplete process of managing vendor spend through spreadsheets, legacy tools, or external consultants. The platform uses advanced machine learning to evaluate existing and proposed contracts, identify weak terms, flag underperformance, and recommend tailored negotiation strategies based on vendor-specific and market-level data. Customers have seen annual savings exceeding 12%, with one client saving $19.5 million in just five months.
“This funding allows us to scale faster and bring our product to more enterprises looking to unlock savings and take control of vendor contracts,” said Nithin Mummaneni, Founder and CEO of Infinity Loop. “We’re building the solution we always wanted as consultants, something that combines domain expertise with AI to deliver real, measurable results.”
Industry analysts see growing potential for AI in procurement. Gartner projects that by 2027, half of organizations will use AI-native tools for supplier contract negotiations, while The Hackett Group reports that spend reduction remains a top priority for chief procurement officers. Infinity Loop’s platform is already in use across financial services, consumer packaged goods, and pharmaceutical companies, delivering multimillion-dollar cost reductions and risk mitigation.
The platform functions as an “always-on contract command center,” ingesting and interpreting contract data across all spend categories. Core capabilities include automated deal analysis with contract grading and benchmarking, intelligent deal optimization with real-time negotiation insights, and AI-driven vendor due diligence to uncover hidden leverage points. “Nithin and the Infinity Loop team are bringing much-needed intelligence and precision to a space long dominated by manual processes and missed opportunities,” said Kleida Martiro, Partner at Glasswing Ventures. Wayne Baker, Chief Investment Officer at TIAA Ventures, added, “This is more than automation; it’s institutionalizing best-in-class negotiation strategy into software.”