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Kaya AI, a NYC-based provider of a construction supply chain intelligence platform, raised $5.3M in Pre-Seed funding.
The round was led by 53 Stations, Suffolk Technologies and Soma Capital, with additional backing from Barclays Black Formation Investments (BBFI) managed by Zeal Capital Partners, RXR, Mantis VC, Virta Ventures and other investors.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Ojonimi Bako, Kaya AI is a global construction supply chain intelligence company that delivers a native AI-enabled solution that interconnects all stakeholders within the industry. Its core software platform is designed to eliminate data silos by integrating within existing workflow tools and facilitates consolidated procurement tracking from submittal to delivery.
Commenting on the news, Ojonimi Bako said: “Kaya AI’s AI-native platform addresses these challenges, reducing the time teams spend from managing procurement through delivery by 80% and ensuring seamless project execution. Backed by leading investors and customers, we’re ready to scale our impact and transform these critical industries.”