Emerix

AI-Powered Procurement Assistant for Automated Purchase Order Management

Industrial Technologies
Private

Company Overview

Snapshot

Founded in February 2024 by Ariel Palones and Yotem Ater, Emerix operates with 11–50 employees. The company has raised $6M across one funding round. In April 2024, Emerix secured seed funding from Jibe Ventures and Lightspeed Venture Partners.

Business overview

Emerix develops AI solutions for supply chain management, focusing on automating direct procurement purchase order management. Its core product, emi, is an AI assistant designed to handle tasks such as order processing, follow-ups, confirmations, and change management. Emi maintains real-time PO status, suggests actions for timely delivery, and integrates with ERP systems and communication platforms like Teams and Slack, aiming to reduce manual workloads and improve efficiency within industrial technologies and operational optimization.

Company Intelligence Q&A

When was Emerix founded?
Emerix was founded in February 2024 by co-founders Ariel Palones and Yotem Ater.
What is Emerix's primary product?
Emerix's primary product is emi, an AI assistant that automates direct procurement purchase order management, including tasks like order processing, follow-ups, and change management.
What is the total capital raised by Emerix?
Emerix has raised a total of $6M across one funding round.
Which investors participated in Emerix's seed funding round?
In April 2024, Emerix secured seed funding from Jibe Ventures and Lightspeed Venture Partners.
What problem does Emerix's technology address?
Emerix's AI solutions address challenges in supply chain management by automating direct procurement PO management, aiming to reduce manual workloads and improve efficiency for businesses.