Cavela Secures $6.6M to Revolutionize Supplier Sourcing with AI-Powered Efficiency

Cavela Secures $6.6M in Seed Funding to Revolutionize Supplier Sourcing Cavela, an AI-powered startup that automates supplier sourcing for brands, has landed a significant $6.6 million in seed funding. The investment was co-led by XYZ Venture Capital and Susa Ventures, with participation from Crossover Capital. This funding round brings Cavela's total valuation to a notable milestone. The seed funding was announced on Wednesday, marking a crucial step in Cavela's mission to help brands navigate the complexities of global sourcing. According to Anthony Sardain, Cavela's founder, the startup's AI agents can find potential suppliers in over 40 countries and negotiate product specifications and pricing, streamlining the procurement process. Cavela's innovative approach has gained traction in the industry, particularly among small and midsize companies that lack dedicated global sourcing departments. The startup's AI-powered tools enable brands to automate tasks autonomously, acting as a personal procurement team. This technology has become increasingly essential in the wake of new tariffs, which have driven customers to seek alternative manufacturing locations. Cavela's development began in 2023, and Sardain emphasized the challenges of building a supply chain in countries like Vietnam. He noted that many brands rely on a single supplier, fearing the loss of their existing relationships. Cavela's AI agents aim to address this issue by providing a scalable and efficient solution for supplier sourcing. The $6.6 million investment will enable Cavela to further develop its technology and expand its reach in the industry. As the global sourcing landscape continues to evolve, Cavela's innovative approach is poised to play a significant role in shaping the future of procurement. With this funding, the startup is well-positioned to capitalize on the growing demand for AI-powered supplier sourcing solutions.