On October 3, 2024, Valdera, an AI-driven sourcing platform for chemicals and raw materials, announced the successful completion of a $15 million Series A funding led by Index Ventures with participation from previous investors Susa Ventures, Lerer Hippeau, and Box Group. Wilson Sonsini Goodrich & Rosati advised Valdera on the transaction.

Valdera's pioneering platform uses AI and machine learning to streamline supplier discovery, qualification, and relationship building. The platform integrates Valdera's proprietary AI technology with real-time market data. The latest funding will be used to accelerate the company's growth.

The Wilson Sonsini team that advised Valdera on the transaction includes Lang Liu, Annie Kim, Will Andrews, and Mackenzie Tobin.

For more information, please see Valdera's news release. Additional coverage can be found on Axios.