Starbridge AI Raises $42 Million to Transform Public-Sector Procurement

Starbridge AI, a startup using artificial intelligence to modernize government procurement, raised $42 million in a Series A round led by Craft Ventures. The company’s platform automates vendor matching, document processing, and budget forecasting for over 160 agencies. The funds will accelerate product development and expand global GovTech partnerships. Analysts call Starbridge’s solution a critical step in eliminating bureaucratic inefficiencies and fostering data-driven decision-making in public procurement.