• Endeavor secured $7 million to modernize manufacturing with AI technology.
• The startup aims to minimize operational hurdles faced by industries like steel and automobiles.
• BI got an exclusive look at the pitch deck it used to secure the new funding.

A startup that aims to become the “Palantir of factories” has just obtained $7 million in seed funding.

San Francisco-based Endeavor, started by 22-year-old Sahitya Senapathy, is developing an AI platform to help modernize manufacturing companies.

“We partner deeply with traditional manufacturers – think of industries that are often overlooked, like steel, building products or automotive, and we automate the key operational hurdles for them in sales, supply chain or operations across the company,” Senapathy told Business Insider.

Growing up in a family that worked in the automotive industry, Senapathy says he “noticed the disconnect between the leaders and the people on the front lines.” Endeavor aims to automate many manual, otherwise time-consuming tasks in the industry.

The startup uses major language models to automate administrative manufacturing processes, such as purchase orders, invoices and shipping notices.

Its platform ingests unstructured data — datasets containing many different types of data, such as invoices and orders — and organizes them. According to Endeavor, this allows businesses to automate sales, make inventory planning more efficient, and automate supply chains.

Endeavor generates revenue by offering annualized contracts, with a certain volume based on the data it processes for the company. This then provides an opportunity for senior executives to extend Endeavor’s tools across the enterprise.

As a Gen Z founder, Senapathy says his “fresh perspective” has been well-received by his older counterparts in the industry.

“When we think about American manufacturing and revitalizing the manufacturing base, one of the biggest challenges is that people are retiring and there just aren’t a lot of young people coming into it. in the industry,” he told BI. “So I can’t tell you how many people tell me they want young people coming into the industry, bringing new, fresh ideas, bringing AI and new technologies that they’re not familiar with.”

Craft Ventures led Endeavor’s $7 million seed round, which included Heartland Ventures, Contrary Capital, BoxGroup and senior executives from data company Palantir and cloud giant Amazon Web Services.

With the cash injection, Endeavor will expand its engineering team and develop its go-to-market strategy.

Discover the 9-slide pitch deck used to secure the new funds.