Creator of the world’s first AI product sourcing agent, Cavela automates every aspect of product sourcing – from supplier matching to order delivery. With CEO and Founder Anthony Sardain at the helm, the company brings together 200,000+ vetted suppliers across more than 40 countries, reducing production costs by an average of 35 percent for its customers when compared with standard manual sourcing.
THE FUTURE OF PRODUCT SOURCING
With today’s supply chain sector expected to constantly move, evolve, and adapt in the face of ever-changing global trade policies and export and import tariffs, it has become increasingly difficult to navigate.
As such, many brands have understandably become inclined to maintain an ongoing relationship with a trusted sole supplier, rather than diversifying their supply chain and risking potential outages.
This is where Cavela comes in – the technology platform that combines artificial intelligence (AI) agents and autonomous software tools with real human expertise, acting as a personal procurement interface that can lead to better matches and more competitive quotes than traditional sourcing methods for its clients.
The company recently announced a round of USD$6.6 million in seed funding co-led by XYZ Venture Capital and Susa Ventures, with participation from Crossover VC. Other investors include Propel Venture Partners and Go Global Ventures.
Cavela’s CEO and Founder Anthony Sardain is proud to partner with these companies, each of whom recognizes the importance of software in enhancing efficiency and accessibility in today’s global manufacturing landscape.
This funding round reinforces Cavela’s status as a burgeoning presence in tomorrow’s tech-enabled supply chain space, and the essential role the company will play in streamlining manufacturing and procurement.
A SEAMLESS PROCUREMENT PROCESS
Due to the intricacies typically associated with product distribution and procurement, sourcing the correct suppliers at competitive price points has historically proven inefficient and time-consuming for product makers.
By leveraging the emergence of generative AI and the latest large language models (LLMs), Cavela is ushering in a new age of supplier sourcing, connecting makers with the right suppliers at the most competitive price.
The company’s AI agent is able to automate the procurement process – saving time, money, and perhaps hundreds of hours of manual work.
To achieve this, detailed product information is read by advanced software – including specifications, blueprints, diagrams, and sketches – before it is able to suggest potential suppliers from a comprehensive database.
Cavela’s AI agent is then able to instantly contact these suppliers and factories via WhatsApp, email, or text to determine production capacity and lead times before collecting pricing quotes.
Sparing brands from long, drawn-out communication methods and wait times, Cavela’s AI agent offers a seamless procurement and sourcing process by which one or more factories can be autonomously selected for final production – with little to no need for human intervention.
ENHANCING OUTREACH
Not only does Cavela offer its customers a streamlined procurement process but also an average of 35 percent savings on production costs.
The company also estimates that its customers substantially reduce the time spent searching for manufacturing partners by using its AI agent.
Working with over 200,000 premium suppliers worldwide on behalf of its customers, the company achieves far more outreach than any brand could feasibly accomplish on its own.
This leads to greater compatibility with suppliers and more competitive quotes when compared with traditional, manual sourcing methods.
Cavela’s unparalleled access to a huge database of suppliers and manufacturers also offers customers – particularly omnichannel retailers – the opportunity to diversify their production lines and remain resilient in the face of global supply chain disruptions.
Looking ahead, Sardain hopes to continue to make sourcing physical products as simple as launching an online store for Cavela’s customers, making use of the USD$6.6 million seed funding to enhance its AI capabilities, expand its software tools, and engage with a wider network of global suppliers.
