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Cato AI Raises $1.9M Pre-

Recently funded · $1.9M Pre-seedTechnology, Information and MediaITView source

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Navigating Italy's public tender process, a notoriously stressful and time-consuming ordeal for businesses, is about to get an AI-powered overhaul. Cato AI, a platform designed to automate the entire procurement journey, has closed a $1.9M pre-seed funding round with investment from IAG.

The startup's AI-native solution aims to free up tender and commercial offices from administrative burdens, allowing them to focus on competitive offer building. Already adopted by over 30 offices in sectors like healthcare, education, and infrastructure, Cato AI is positioning itself to transform public procurement from a bureaucratic hurdle into a strategic growth opportunity.

From the source

IAG · Apr 14, 2026

🚀 Latest news from IAG, April 2026 Right on time - like clockwork- here we are again with this month’s updates 👉 https://lnkd.in/dqKJK8Ag Here’s a quick look at what’s new 👇 💡 Our point of view– by Nicoletta Morra At IAG, we’ve learned that a strong network isn’t enough - what matters is activating it.

That’s why we’re evolving into a true platform, going beyond capital to deliver structured and high-impact connections. The real challenge is relevance: matching the right support to the right need at the right time. Our focus is making this process actionable and repeatable, so every connection creates real value for founders. 💼 New addition to the IAG portfolio Cato AI has officially emerged f

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