1Buy.Ai
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
1Buy.Ai - overview
Established
2023
Location
New Delhi, -, India
Primary Industry
Software
About
1Buy. Ai, based in New Delhi, India, specializes in AI-driven electronics procurement intelligence, streamlining decision-making processes for businesses in the electronics sector. 1Buy. Ai was founded in 2023 and focuses on providing advanced analytics for electronics procurement.
The company has recently secured USD 3. 9 mn in SEED funding, led by 100Unicorns, with the additional support of FJ Labs and Gruhas Proptech. This funding round is the single deal to date. The founder's background is not publicly detailed, and there are no mentions of subsidiaries or previous mergers.
1Buy. Ai specializes in AI-powered electronics procurement intelligence, offering a comprehensive platform designed to enhance decision-making in electronics procurement. The core products include 1Data, which provides pricing and risk intelligence with independent global benchmarks; 1Source, facilitating high-impact sourcing through vetted global suppliers; and 1Xcess, which focuses on the monetization of excess and end-of-life inventory through competitive bidding. These products address critical challenges faced by procurement teams, such as optimizing pricing and risk management across complex Bills of Materials (BOMs), sourcing qualified alternates in a timely manner, and efficiently liquidating surplus inventory to mitigate working-capital loss.
The company serves a diverse clientele, including OEMs and EMS providers, predominantly in regions such as North America, Europe, and Asia-Pacific, focusing on electronics manufacturing and technology sectors. 1Buy. Ai generates revenue through a structured model centered on its suite of products, particularly targeting B2B transactions with its enterprise customers. The transactions typically involve subscription-based access to the platform, where clients can upload their BOMs to receive tailored insights and recommendations.
The platform's pricing strategy encompasses tiered subscription plans based on the scale of data usage and the complexity of procurement needs. Additionally, the sourcing capabilities of 1Source may facilitate transaction fees based on successful procurement activities. By leveraging its integrated offerings, 1Buy. Ai provides a robust framework for clients to optimize their procurement processes and realize cost savings, effectively translating into revenue opportunities for the company.
In January 2026, 1Buy. Ai will utilize the USD 3. 9 mn raised in its SEED funding round to expand product stack development and invest in team building. The company plans to launch new product features aimed at improving procurement efficiencies while also targeting expansion into additional markets, including Europe and Asia-Pacific, by the end of 2026.
Current Investors
FJ Labs, 100Unicorns, Gruhas Proptech
Primary Industry
Software
Sub Industries
Logistics Software
Website
www.1buy.ai/
Verticals
Artificial Intelligence, Cloud Computing, IoT (Internet of Things)
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.