SpendHQ acquires Sligo AI, pioneer in Agentic Enterprise Procurement infrastructure, to deliver configurable agentic AI that executes across full procurement workflows while meeting enterprise security and data sovereignty requirements.
Quick Intel
SpendHQ, the global leader in enterprise spend intelligence and procurement performance management, today announced the acquisition of Sligo AI (Sligo Software, Inc.), the pioneer in Agentic Enterprise Procurement (AEP) infrastructure. The acquisition positions SpendHQ to deliver configurable agentic AI capabilities in enterprise procurement, enabling systems that can execute work across entire procurement workflows, not just generate insights.
Procurement teams face simultaneous pressure to deliver cost savings, supply chain resilience, ESG compliance, and risk reduction with leaner teams and limited time. AI adoption in large enterprises has often stalled due to unreliable data and deployment models that fail to meet strict security and compliance requirements. The acquisition combines the solutions needed to make AI operational under real enterprise data sovereignty constraints.
SpendHQ was built to solve the data problem. With more than $10 trillion in analyzed, normalized, and categorized spend data, the SpendHQ platform provides procurement leaders with a structured, trusted, purpose-built data foundation. When combined with native AI, it drives confident reasoning, insights, and results that most AI tools cannot achieve.
Sligo AI was built to solve the deployment problem. Developed by procurement and AI practitioners, its infrastructure allows AI systems to be deployed in alignment with a company’s existing security, compliance, and technical requirements.
"The real problem in enterprise procurement has always been complexity with data, systems, and how organizations operate across both," said Tom Beaty, founder & chairman, SpendHQ. "What this brings together is the ability for organizations, particularly those in highly regulated industries, like financial services, healthcare, defense, and critical infrastructure, to run AI in a way that fits their environment, their requirements, and the way they already work."
"Agentic AI is only as good as the data it operates on," added Scott Macfee, CEO, SpendHQ. "We've spent years building a trusted data foundation. Now with Sligo AI, we're accelerating the path from insight to value, helping teams move faster and deliver even more strategic impact."
With the addition of the Sligo AI platform, SpendHQ can now deploy custom agentic solutions in multiple ways depending on a company’s requirements:
The platform connects directly to enterprise tools such as ERP systems, procurement platforms, contract management systems, and data warehouses. It can generate structured outputs like sourcing strategies, supplier evaluations, and contract analyses — work that typically requires significant manual effort.
As part of the acquisition, Sligo AI founder & CEO Matt McCarrick has been appointed Chief AI Officer (CAIO) at SpendHQ. He will continue to lead the Sligo AI platform and services lines, now offered commercially as SpendHQ Solutions. The entire Sligo AI team joins SpendHQ to build and deploy custom Agentic Solutions for large enterprises with complex technical and regulatory requirements.
"We built Sligo AI with a focus on making AI work inside the constraints enterprises actually operate under," said Matt McCarrick, CAIO, SpendHQ. "Joining SpendHQ gives us the foundation, resources, and scale to bring this capability to more procurement organizations than we could on our own."
The acquisition follows SpendHQ’s initial investment in Sligo AI in August 2025. Since then, the two companies have integrated teams, unified platforms, and validated the combined solution with customers.
"SpendHQ has been a foundational part of how we manage procurement intelligence," said Tony Brita, director strategic sourcing, Compass Group. "Adding AI that understands our data and workflows directly into the platform changes how quickly we can move."
"We made a commitment to our CEO that we would build a better-than-world-class procurement team, one where humans are empowered to focus on strategy while AI agents take on analytics and operational activities at scale," added Michael DeWitt, chief procurement officer, QXO, Inc. "Sligo AI has enabled our team to do just that – focus on strategy while agents handle execution."
"SpendHQ has been a foundational part of how we manage procurement intelligence," said Tony Brita, director strategic sourcing, Compass Group. "Adding AI that understands our data and workflows directly into the platform changes how quickly we can move."
"Combining enterprise-ready deployment options with structured procurement data opens up use cases that weren't previously possible," said Dr. Elouise Epstein, partner & digital futurist, Kearney. "This acquisition will send shockwaves through the ProcureTech market. It represents an inflection point where the industry moves from co-pilots to platforms."
Sligo AI’s entire agentic infrastructure is natively integrated with SpendHQ’s platform and is available to SpendHQ customers today.
About SpendHQ
SpendHQ empowers procurement leaders at complex global organizations to make important decisions with confidence – providing a single source of truth for spend data, project tracking, performance management, and now autonomous agentic execution. With over $10 trillion in analyzed spend data and a platform trusted by more than 500 organizations across 10 countries, SpendHQ is the data foundation that enterprise AI is built on. Headquartered in Atlanta, Georgia with operations in Lyon, France and Naperville, Illinois.
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