Prolo, an AI procurement tool designed to modernize the construction industry, has secured $5.6M in seed funding. The startup aims to help construction companies reduce costs and save time by replacing traditional, analogue procurement processes with its advanced artificial intelligence platform.
The company's service leverages cutting-edge AI, including Large Language Models (LLMs), Natural Language Processing (NLP), and voice transcription, to enhance decision-making and increase efficiency. Investors in the round included Triple Point Ventures, Andreessen Horowitz scout fund, Anamcara, Concrete Ventures, Foundation Ventures, Haatch, Koro Capital, Love Ventures, and Portfolio Ventures.
















