Axya raises 12 million USD to tackle procurement data problems

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Axya has raised 17 million CAD (approximately 12.1 million USD) to address distorted procurement data and help companies more accurately track supplier delivery commitments. Its solution integrates with existing email and ERP systems, allowing suppliers to continue communicating through familiar channels and reducing changes to existing workflows. Axya is developing capabilities to distinguish decisions suitable for AI agents from those requiring human oversight, with plans to expand deployment in 2027.