dSilo, a leader in AI-powered enterprise transformation, announced a new venture investment from Wellington Management, a global investment firm and backer of leading AI companies. The capital will fuel the development of an industry first-ever procurement and finance domain-specific AI models, ProcureGPT™, and support the company’s ability to meet surging inbound enterprise demand.
Read More on Fintech : Global Fintech Interview With Justin Meretab, Co‑Founder and CEO of Layer
dSilo has experienced rapid growth over the last 12 months while maintaining exceptionally high customer retention rates. Its enterprise customers continue to realize value that goes far beyond productivity, delivering measurable margin expansion, cost savings, and operational efficiency.
Building on its success in procurement, dSilo is now extending its platform into the commercial domain. Early deployments of its AI Agents in sales and revenue operations are enabling enterprises unlock revenue growth, making dSilo the foundation of a holistic AI platform for the Office of the CFO—one that simultaneously drives savings and accelerates growth.
“Wellington has a long history of investing in AI leaders, and we see dSilo as part of the next generation of transformative companies,” said Frederik Groce, Investor at Wellington Access Ventures. “We are excited about dSilo’s vision with ProcureGPT™, and its expansion into commercial AI Agents. Customers are experiencing direct financial impact, including cost reductions and revenue growth.”
dSilo’s CEO, Sharad Malhautra added: “Our mission has always been to help enterprises capture value autonomously, without the need for armies of consultants or costly integrations. This investment from Wellington will accelerate our journey—enabling us to scale ProcureGPT™, expand our AI Agent capabilities beyond procurement into revenue, and deliver a margin-expansion platform that redefines what’s possible for the Office of the CFO.”
With this funding, dSilo is poised to scale its team, strengthen its AI capabilities, and continue delivering market-leading outcomes for its rapidly growing base of enterprise customers.
Catch more Fintech Insights : The CFO’s New Analyst: Using Generative AI for Strategic Financial Modeling
[To share your insights with us, please write to psen@itechseries.com ]
