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862 Traza raises $2.1 million led by Base10 to automate procurement workflows with AI

VentureBeat
VentureBeat · 04/15/2026 08:55 EDT

For decades, procurement has been the back office that enterprise software forgot. Billions of dollars flow through vendor negotiations, purchase orders, and supplier communications every year at the largest manufacturers and construction companies in the country — and the vast majority of that work still runs on email threads, spreadsheets, and phone calls.Traza, a newly launched startup headquartered in New York, believes the moment has arrived to change that. The company announced today the close of a $2

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