Miami, Fla.-based Vallor, which is building AI agents to ease the pain of managing cumbersome procurement contracts, has raised $4 million in seed funding led by Tennessee’s Dynamo Ventures and Bloomberg Beta, which has operations in San Francisco and New York. Others investors included Cambridge, Mass.-based Rock Yard Ventures, Liquid 2 Ventures, El Cap Ventures, and angel investors such as Immad Akhund and Sean Henry through Sequoia’s Scout Fund.
Founded by former Microsoft sourcing operations engineer Antonio Goncalves and former AT&T engineer Jake Vollkommer, Vallor says it can place procurement contracts on auto-pilot, and clear up thousands of contracts that sit idly on companies’ systems. Both graduated from the Georgia Institute of Technology. Goncalves serves as Vallor’s CEO, while Vollkommer is chief technology officer.
“Procurement is meant to be a strategic driver, but many teams are drowning in contract management overhead,” said Goncalves. “Our AI agents do the heavy lifting: finding what matters, flagging what’s at risk, and delivering real-time insights from contracts, including legacy contracts that have been sitting dormant. This isn’t just about speed. It’s about giving teams a strategic edge they’ve never had before.”
Saying that historically, contract management platforms have been designed for legal teams or added to procurement suites as secondary features, Vallor says it flips that model with a fully AI-integrated product. Vallor’s AI agents extract unstructured data, track obligations and capture insights from contracts. Calling itself a SaaS variant, it claims its software doesn’t just support workflows but actively “performs” them.
Vallor’s “platform makes contracts truly usable: a reliable source of information that teams can search, reference, and act on in real time,” the company said, by automating the tedious tasks that slow teams down — such as data management, clause analysis, and obligation tracking.
According to Vallor, organizations tend to lose 9% of annual revenue on account of poor contract management, with combined losses running into billions of dollars.
