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Mandel AI

YC S23

Sofia City Province, BG · Founded 2023 · 9 employees · 7 known investors

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Mandel is an AI platform that automates supplier communication and procurement workflows by reading supplier emails, detecting disruptions, and coordinating actions across email, ERP, and document systems for manufacturing and production teams.

Also known as Fynt, Inc. · Enbank · Enbank, Fynt, Fynt AI, Fynt, Fynt AI · Fynt · Fynt AI

AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainSaaSLogisticsManufacturingSupply ChainProcurementAIBulgariaEuropePartly Remote

Founders & leadership· Y Combinator alumni (S23)

Mandel AI was founded in 2023 by Nick Gospodinov.

NGNick Gospodinov
Nick GospodinovFounder & CEOFounder and CEO of Mandel AI, an AI platform that automates supplier communication and procurement workflows for manufacturing and production teams.
AB
Alex BoninFounder
AB
Aleksandar Bonin

Investors · 7

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · funding news · tech.eu · open dataset · 5k.vc investor directory · Not right? Tell us

Andreessen HorowitzreportedMenlo Park · $500K – $50M

How we know: Y Combinator's founder network · Not right? Tell us

e2vcreported

How we know: tech.eu · Not right? Tell us

Ritual CapitalreportedMenlo Park · $100K – $500Kvia Chris Howard · inferred

How we know: funding news · tech.eu · Y Combinator's founder network · Not right? Tell us

Sandhill (ex Stonks)reportedSan Francisco

How we know: Y Combinator's founder network · Not right? Tell us

Singularity Venturesreported

How we know: Y Combinator's founder network · Not right? Tell us

Funding

SEC filings, press & company announcements

$7.8M disclosed across 2 rounds · 2026

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 8

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Applied KineticsApplied Kinetics develops AI agents that manage supplier coordination for energy and data center construction projects, tracking equipment approvals, delivery dates, and delays. It serves project teams building out energy and data center infrastructure.
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MentumMentum provides AI-powered analysis tools that help procurement and supply chain teams process unstructured data into insights for sourcing decisions and cost reduction, serving industries including consumer goods, energy, automotive, and aerospace.
AlpasAlpas builds AI-driven procurement software that helps procurement departments identify new suppliers significantly faster. The platform serves supply chain and sourcing teams at large industrial companies through data-driven insights and supplier discovery tools.
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Companies working in the same space as Mandel AI.

Legal entities · 1

corporate structure
Fynt, Inc.

In the news

Supply Chains Still Run on Email. We Raised $3.9M to Fix That. | Mandel AImandel.ai · Mar 2026YC-backed Mandel AI raises €3.6 million Seed round for its AI supply chain coordination platform | EU-Startupseu-startups.com · Mar 2026Mandel AI - Never chase suppliers for updates againycombinator.com · Aug 2024

Frequently asked questions

What does Mandel AI do?
Mandel is an AI platform that automates supplier communication and procurement workflows by reading supplier emails, detecting disruptions, and coordinating actions across email, ERP, and document systems for manufacturing and production teams.
Who founded Mandel AI?
Mandel AI was founded by Nick Gospodinov in 2023.
Who are Mandel AI's investors?
Mandel AI's investors include Category Ventures, Y Combinator, Andreessen Horowitz, e2vc, Ritual Capital, Sandhill (ex Stonks), Singularity Ventures.
How much funding has Mandel AI raised?
Mandel AI has disclosed $7.8M raised across 2 rounds.
Where is Mandel AI headquartered?
Mandel AI is headquartered in Sofia City Province, BG.