We're excited to announce that PromptLab has raised $350,000 in pre-seed funding from Domino Ventures and IT Park Ventures.

This investment will accelerate our mission: eliminating the manual, repetitive procurement work that slows down manufacturers every day.

The Problem We're Solving

Procurement teams at manufacturing companies still run on spreadsheets, email chains, and phone calls. A single RFQ cycle — from sourcing suppliers to comparing quotes to negotiating terms — takes days or weeks of manual effort. Pricing data sits trapped in PDFs, inboxes, and ERPs that don't talk to each other. The result: slow cycles, missed savings, and procurement teams buried in operational work instead of making strategic decisions.

We experienced this firsthand working with manufacturers across Central Asia, where procurement processes are especially fragmented and underserved by existing software.

What PromptLab Does

PromptLab is an AI procurement agent for manufacturing companies. Our platform automates the end-to-end RFQ workflow:

Price Variance Intelligence — Detects silent price drift across suppliers, sites, and time periods, even when data lives in scattered PDFs and email threads.

RFQ Operations Automation — Handles RFQ distribution, supplier follow-ups, response tracking, and quote normalization without manual intervention.

Supplier Negotiation Data — Structures every quote by price, MOQ, lead time, and compliance so procurement teams can negotiate with real data instead of gut feel.

Manufacturers onboard in days using their existing workflows. No ERP replacement. No IT project.

Early Traction

We've already deployed with manufacturing and industrial companies who are seeing real results:

• RFQ cycle times reduced from 14 days to 4 days

• 60% faster procurement cycles overall

• Structured price visibility across fragmented supplier networks

As Shohrux E., Head of Procurement at Basalt Engineering, put it: "PromptLab handles work that used to overwhelm our team. Our RFQ cycles dropped by more than half."

Why Domino Ventures and IT Park Ventures

We chose partners who understand both the Central Asian market and the global manufacturing opportunity. Domino Ventures brings deep experience backing B2B technology companies, while IT Park Ventures has been instrumental in supporting Uzbekistan's growing tech ecosystem. Together, they give us the backing to expand across the region and beyond.

What's Next

This funding will be used to:

• Expand our AI agent capabilities across more procurement workflows

• Deepen integrations with supplier communication channels including email, Telegram, and WhatsApp

• Grow our customer base across manufacturing sectors in Central Asia and international markets

• Strengthen our engineering team to ship faster

We're building the procurement operating system that manufacturers have been missing. If your team spends too much time on RFQs, supplier follow-ups, and quote comparisons — we'd love to show you what PromptLab can do.

Book a 15-minute procurement audit: https://cal.com/unordinary-upqcx4/30min

PromptLab is an AI procurement agent for manufacturing companies. We automate sourcing, RFQs, quote comparison, and negotiation — so procurement teams can focus on strategy, not spreadsheets.

Learn more at trypromptlab.com