Reduce Indirect Spend
by 10–15%

Eluvium’s AI agents analyze spend, automate sourcing, and help your team secure better pricing faster.

Eluvium Platform

How Eluvium Works

1

Step 1

Connect spend data

Eluvium analyzes suppliers, pricing, and purchasing patterns to identify savings opportunities.

2
RFQ

Step 2

Automate supplier sourcing

AI agents generate RFQs, engage suppliers, collect bids, and evaluate terms automatically.

3
10–15%

Step 3

Capture measurable savings

Our customers achieve average savings of 10–15% across packaging, facilities, maintenance & repair, logistics, marketing, and IT spend.

AI-Powered Procurement.
Backed by Real Operators.

Ric Freeman

Meet Ric Freeman

Ric is a supply chain leader with 30 years of experience. His firm, EQV Partners, advises leading private equity portfolios on sourcing and operational value creation.

Eluvium combines AI automation with experienced procurement operators to support complex sourcing decisions and supplier strategy.

Customer Results

Savings you can measure.

Corrugated Packaging
29%

reduction in packaging costs

30+Suppliers engaged
8Buyers in cohort
2 wksEnd-to-end cycle

How Eluvium Reduced Corrugated Packaging Costs by 29% for Turkish Appliance Suppliers

Eight manufacturers facing double-digit packaging inflation joined a collective sourcing event on Eluvium. The AI engaged 30+ suppliers, evaluated bids, and delivered a shortlist in two weeks — cutting costs by 29% across every participating buyer.

Backed by

SimyaHeartfelt

Supported by

GoogleMicrosoftNvidiaAWS

Built by team from

PARAŞÜT
endeavor
Palantir
Bloomberg
LEHMANBROTHERS
HARVARD UNIVERSITY
Microsoft
Technical University of Munich
PARAŞÜT
endeavor
Palantir
Bloomberg
LEHMANBROTHERS
HARVARD UNIVERSITY
Microsoft
Technical University of Munich