Sligo AI Secures Strategic Investment from SpendHQ, Launches 2.0 Platform with Industry-Leading Security and Enterprise Flexibility

As part of the investment, SpendHQ executives Tom Beaty, Founder & Chairman, Scott Macfee, CEO, and Pierre Laprée, CPO will join Sligo AI’s Board of Directors, alongside Matt McCarrick, Founder & CEO and Daniel Bevan, CTO.

This partnership creates the industry’s first autonomous procurement intelligence ecosystem, combining Sligo AI’s agentic infrastructure with SpendHQ’s $10T+ in trusted spend data and analytics.

“The convergence of agentic AI and enterprise procurement is the most significant transformation our industry has seen in decades,” said Matt McCarrick, Founder & CEO of Sligo AI. “While others automate broken processes, we’re reconstructing them with autonomous agents that eliminate bottlenecks and drive new levels of productivity, all while keeping sensitive data inside the enterprise.”

Sligo AI 2.0: Enterprise-Grade Agentic AI with Flexible Deployment

Sligo AI now offers three flexible deployment models to provide procurement teams with the agentic AI solution that best fits their business needs.

• Sligo Enterprise: Deploy agentic AI entirely inside enterprise Virtual Private Cloud (VPC) infrastructure for complete data sovereignty and compliance.
• Sligo Cloud: Fully managed, enterprise-grade cloud platform with dedicated resources and SLAs.
• Sligo API: Secure APIs to integrate agentic AI directly into existing systems and third-party applications.

Sligo AI has also achieved ISO 27001, SOC 2 Type II, GDPR, and HIPAA compliance certifications, positioning it as the most secure and enterprise-ready AEP platform available.

“Enterprises require solutions that respect their security, sovereignty, and scale,” said Tom Beaty, SpendHQ Founder & Chairman. “Sligo AI is the only procurement AI platform capable of operating seamlessly inside these complex environments, without compromising compliance or trust.”

When Trusted Data Meets Purpose-Built AI

Together, Sligo AI and SpendHQ are delivering an agentic procurement solution that is:

• Data-ready by default: SpendHQ’s clean analytics provide the trusted foundation for actionable outputs.
• Procurement-specific: Pre-built agents designed with guardrails for sourcing, risk, compliance, and contracts.
• Enterprise-secure: Data is securely hosted with SpendHQ or deployed inside the firewall to maintain control.
• Human-centered: Agents act as teammates, not replacements.
• Fast ROI: Deploy in 4–6 weeks with quick wins and scalable expansion.

“The combination of SpendHQ’s proven spend analytics with Sligo AI’s autonomous agent framework is a breakthrough for procurement,” said Scott Macfee, CEO of SpendHQ. “Together, we’re delivering something the industry has never had before, AI that doesn’t just generate insights, but acts on them. This partnership is about unlocking a new era of procurement performance, where data and execution work seamlessly to accelerate impact.”

The combined solution will debut at DPW Amsterdam, October 7–9, 2025, where Sligo AI will join SpendHQ to showcase the platform.

To learn more about this joint solution and sign-up to be among the first to demo it, visit: https://web.spendhq.com/spendhq-sligoai/

About Sligo AI

Sligo AI provides enterprise-grade infrastructure that enables procurement teams to design, deploy, and manage custom AI agents tailored to their unique requirements while maintaining complete data sovereignty. The platform deploys entirely within customer networks, supports all model deployment types, and integrates with existing enterprise systems without exposing sensitive data. This foundational capability has created Agentic Enterprise Procurement (AEP) – a new category where autonomous agents reconstruct procurement processes from the ground up, eliminating manual orchestration while preserving enterprise control. Sligo AI is leading the Great Reconstruction of procurement – shifting the industry from human-operated software to human-directed intelligence, where agents handle complexity and humans drive strategy. Learn more at www.sligo.ai.

About SpendHQ

SpendHQ empowers procurement leaders at complex organizations to make important decisions with confidence by providing a single source of truth for spend data, project tracking, and performance management. By integrating the full procurement workflow – from reliable spend and supplier data in Spend Intelligence to real-time project tracking in Performance Management – teams can easily execute strategy and deliver on their goals related to cost savings, ESG, risk reduction, compliance, and more. Over 500 global organizations rely on SpendHQ’s platform for visibility, workflow organization, and out-of-the-box reporting capabilities needed to accelerate procurement’s impact – all in one intuitive interface. Learn more at spendhq.com.

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CONTACT: Media Contact

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KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS

INDUSTRY KEYWORD: SOFTWARE DATA ANALYTICS INTERNET CONSULTING ARTIFICIAL INTELLIGENCE DATA MANAGEMENT PROFESSIONAL SERVICES TECHNOLOGY

SOURCE: Sligo AI

Copyright Business Wire 2025.

PUB: 10/07/2025 06:00 AM/DISC: 10/07/2025 05:59 AM

http://www.businesswire.com/news/home/20251007785833/en