Infinity Loop, an AI-based contract intelligence platform, announced a $5 million seed round led by Glasswing Ventures and TIAA Ventures, along with other investors. This funding will accelerate expansion as demand from enterprises continues to grow.
Enterprise teams often rely on outdated tools and methods for managing vendor contracts, resulting in missed opportunities for savings. Infinity Loop uses advanced AI to review contracts, identify underperforming terms, and suggest tailored negotiation strategies.
Founded by procurement consultants and AI experts Nithin Mummaneni and Kevin Liang, the platform replaces manual audits with automated analysis, helping businesses secure better deals. Clients have reported significant savings, including $19.5 million in five months, with every user achieving at least 12% annual savings.
Industry research indicates that optimizing spend reduction is a priority for procurement leaders, with half of organizations expected to use AI-native tools in negotiations by 2027. Infinity Loop is already enabling major clients to achieve meaningful cost reductions across sectors.
The platform offers core features such as:
- Automated deal analysis with contract grading and savings identification.
- Real-time negotiation insights and market benchmarks.
- AI-driven vendor due diligence revealing leverage and trends.
KEY QUOTES:
“This funding allows us to scale faster and bring our product to more enterprises looking to unlock savings and take control of vendor contracts. We’re building the solution we always wanted as consultants, something that combines domain expertise with AI to deliver real, measurable results. Every company should have access to that level of insight without needing a million-dollar consulting contract.”
Nithin Mummaneni, Founder and CEO of Infinity Loop
“Nithin and the Infinity Loop team are bringing much-needed intelligence and precision to a space long dominated by manual processes and missed opportunities. The team has combined its procurement expertise with AI innovation, turning static contracts into actionable intelligence and immediate savings, which is transformative. We are proud to back their vision and their execution as they bring a powerful, AI-enabled impact to the enterprise.”
Kleida Martiro, Partner at Glasswing Ventures
“Infinity Loop is redefining how enterprises manage vendor spend by bringing the precision of AI to what has historically been an intuition-driven process. Their team’s deep consulting roots give them a unique edge in understanding the pain points procurement leaders face every day. This is more than automation; it’s institutionalizing best-in-class negotiation strategy into software. We’re proud to back a team that’s turning contract data into one of the most valuable levers in enterprise finance.”
Wayne Baker, Chief Investment Officer at TIAA Ventures
