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LightSource Raises $33 Million to Scale AI-Native Enterprise Procurement Platform

  • LightSource Labs has raised $33 million to scale its AI-native enterprise procurement platform.
  • The funding will be used to expand the team, enhance the platform's capabilities, and enter new sectors.
  • The platform automates processes for buyers, such as identifying suppliers, managing requests for quotes, and facilitating collaboration.
  • LightSource has processed over $1 billion in spend and facilitated more than 1,100 sourcing events since 2024.

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