BRM Raises $15M in Series A Funding to Transform Vendor Management
BRM simplifies vendor management by automating tasks and optimizing procurement processes.
Company Name: BRM
Location: San Francisco, CA
Industry: AI-Powered Vendor Management and Procurement
Funding Details:
BRM raised $15M in Series A funding led by:
- Caffeinated Capital
Purpose of Investment:
The funds will be used to:
- Expand operations
- Accelerate development efforts
Leadership:
- James McGillicuddy, Co-founder & CEO
Product:
BRM is an AI-powered vendor management and procurement platform designed to:
- Handle vendor relationships across finance, compliance, legal, and IT
- Automate workflows to set terms and drive negotiations
- Provide AI-powered insights that maximize value and streamline compliance
About the Company:
BRM simplifies vendor management by automating tasks and optimizing procurement processes. By saving time and money, the platform empowers organizations to enhance efficiency, reduce operational complexity, and achieve better outcomes from vendor relationships.