# Freehand Raises $75M Series B for AI Supply Chain Agents

> Freehand has raised a 75 million dollar Series B co-led by Battery Ventures and NewRoad Capital Partners, with PSP Growth joining, bringing the AI supply chain startup's total funding to roughly 100 million dollars. The company builds AI agents that handle complex supply chain spend and the back-office operations that keep goods moving. The customer list is the strongest part of the story. Freehand says it already works with Meta, Unilever, Johnson and Johnson, Pfizer, Dunkin, and Cardinal Health, a roster of large enterprises that suggests the product is doing real work rather than sitting in pilots. Landing names like those is often harder than raising the money. Supply chain is fertile ground for agentic AI precisely because it is drowning in spreadsheets, invoices, and manual reconciliation. Whether Freehand can turn early enterprise interest into durable, sticky deployments is the open question, but a Series B backed by blue-chip logos is a credible sign that applied AI in unsexy operations is finding paying customers.

_Section: [AI Funding Tracker](https://www.wortins.com/funding) · Source: Crunchbase News · Published Monday, August 10, 2026_

## Wortins' read

Freehand has raised a 75 million dollar Series B co-led by Battery Ventures and NewRoad Capital Partners, with PSP Growth joining, bringing the AI supply chain startup's total funding to roughly 100 million dollars. The company builds AI agents that handle complex supply chain spend and the back-office operations that keep goods moving. The customer list is the strongest part of the story. Freehand says it already works with Meta, Unilever, Johnson and Johnson, Pfizer, Dunkin, and Cardinal Health, a roster of large enterprises that suggests the product is doing real work rather than sitting in pilots. Landing names like those is often harder than raising the money. Supply chain is fertile ground for agentic AI precisely because it is drowning in spreadsheets, invoices, and manual reconciliation. Whether Freehand can turn early enterprise interest into durable, sticky deployments is the open question, but a Series B backed by blue-chip logos is a credible sign that applied AI in unsexy operations is finding paying customers.

## Source

[Read the full story at Crunchbase News](https://news.crunchbase.com/transportation/freehand-pando-enterprise-supply-chain-spend-management-startup/)

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