What Hazel does

Hazel AI Technologies, Inc. is a New York-based, privately held software company founded in 2024 that builds an AI-powered procurement automation platform purpose-built for U.S. government agencies. The platform consists of three integrated modules — AI Powered Solicitations (auto-generating RFP, RFQ, and RFB documents from agency templates, boilerplate, and past award language), AI Scope Review (automated compliance and completeness checking of solicitation scopes), and AI Assisted Evaluations (vendor response scoring) — alongside a Vendor Discovery capability that indexes suppliers and surfaces market intelligence. Hazel learns from each customer's existing documents so that generated solicitations match agency style and conform to internal policy, creating a per-tenant customization loop rather than a one-size-fits-all template engine.

The company delivers Hazel as a SaaS platform sold through an enterprise sales-assisted motion, with prospects entering via a 15-minute demo booked through Calendly and pricing handled on a quote basis for procurement teams and Chief Procurement Officers. Hazel is SOC 2 Type II certified and built entirely in the United States, credentials that are positioned explicitly toward risk-averse public-sector buyers. Its customer base spans federal defense (U.S. Navy, U.S. Air Force), municipal government (City of Dallas, City of Atlanta), and special-purpose authorities (PhilaPort), with the platform supporting more than $2.5B in procurement volume across 10+ disclosed clients. The company also markets down-market to K-12 school districts, indicating a horizontal public-sector go-to-market layered on top of the federal anchor.

Hazel was founded by August Chen (CEO) and Elton Lossner (COO), both previously at Palantir and other government-facing organizations, and is advised by Bradley Tusk. The team of 1-10 includes engineers drawn from Palantir, Lockheed Martin, Peraton, BCG, and AngelList, and the company is a graduate of Y Combinator's Winter 2024 batch with approximately $2M in disclosed seed funding (a $500K YC standard deal plus a $1.5M Rebel Fund extension in May 2024).

Name

Hazel

Legal name

Hazel AI Technologies, Inc.

Website

https://hazelai.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

Hazel AI Technologies is a New York-based software company that provides an AI-powered procurement automation platform for U.S. federal, state, and local government agencies, helping procurement teams draft solicitations, discover vendors, and evaluate responses faster while maintaining compliance.

Ownership category

akta.pro rank

Product category

Government Procurement Software

NAICS

Software Publishers (513210)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)

akta.pro primary industry

Sourcing Support & RFx Administration (RFI/RFP/RFQ) (BPAAAJAC)

akta.pro secondary industry

Procurement & Strategic Sourcing (BPAHAHAB)

Keywords

• Government procurement software
• RFP automation platform
• AI solicitation writing
• Vendor discovery database
• Public sector compliance

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Platform Subscription: Hazel operates as a SaaS platform providing AI-powered procurement tools to government agencies. Based on the enterprise sales motion and government procurement context, the revenue model is subscription-based, likely with per-agency or per-seat pricing for procurement teams. The platform supports billions in procurement volume for customers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Hazel sells a SaaS platform that uses generative AI to help U.S. government procurement teams draft solicitations (RFPs, RFQs, RFBs), review solicitation scopes for compliance, discover qualified vendors, and evaluate vendor responses. The platform learns each agency's existing templates, boilerplate, policies, and past award language so that generated documents match agency style and comply with procurement regulations.

Product overview

Hazel is an AI-powered procurement software platform for US government agencies. The platform consists of three core integrated modules: AI Powered Solicitations for auto-generating RFP/RFQ/RFB documents using agency templates and past awards; AI Scope Review for evaluating and refining solicitation scopes; and AI Assisted Evaluations for assessing vendor responses. The platform also includes vendor discovery and database search capabilities. These modules work together to help agencies write solicitations, find vendors, and evaluate responses faster with full compliance.

Differentiator

Problem solved

Functional benefit

Products and services

• AI Powered Solicitations AI-powered solicitation builder that auto-generates RFP, RFQ, and RFB documents for U.S. government procurement teams using agency templates, boilerplate, past award language, and policy compliance rules.
• AI Scope Review AI-assisted scope review module that evaluates and refines solicitation scopes for compliance and completeness within government procurement workflows.
• AI Assisted Evaluations AI-powered vendor response evaluation tool that assists government procurement teams in assessing and scoring vendor submissions.
• Vendor Discovery & Database Vendor discovery and database capability enabling government procurement teams to search for suppliers and access vendor information and market intelligence.

Quantifiable outcome

• $2.5B+ supported procurement volume
• +1 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature5 records

Partnerships

Two partnerships are on record, tiered flagship and core.

• City of DallasflagshipStrategic or Co-development Partner · 1 January 2025City of Dallas partnered with Hazel AI to modernize procurement and accelerate public service delivery. This is a flagship customer partnership with public announcement and press coverage in Cities Today and PR Newswire.
• U.S. NavycoreStrategic or Co-development PartnerU.S. Navy is a contract customer using Hazel platform to automate procurement processes, improve efficiency, and reduce costs.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Bonfire Interactive: Bonfire provides RFP creation, vendor evaluation, and procurement automation specifically for the public sector (state, local, education). It is the closest direct competitor to Hazel's solicitation and evaluation modules.
• PlanetBids: PlanetBids is a vendor-managed procurement platform for government agencies, covering bid notification, vendor management, and electronic bid submission. It directly overlaps Hazel's vendor discovery and solicitation workflows.
• Periscope Holdings (BidNet): Periscope operates BidNet and sourcewell-style government procurement platforms, helping agencies and suppliers manage sourcing events. It competes with Hazel's eProcurement and sourcing support capabilities.
• Vendorful: Vendorful offers RFP response and sourcing software used by both suppliers and procurement teams. It overlaps with Hazel's solicitation builder and vendor discovery modules.

Emerging players

• Procurify: Procurify is a mid-market procurement platform for purchase orders, approvals, and spend management. While not government-focused, it competes in adjacent procurement automation categories Hazel may target over time.

Broad incumbents

• OpenGov: OpenGov sells a broader suite of government software (budgeting, finance, procurement) to state and local agencies. It is a larger incumbent that could add AI solicitation features to its procurement module.
• Tyler Technologies: Tyler Technologies is a large public-sector software provider covering ERP, justice, and records for government. It is a broad incumbent with distribution and budget access that could move into AI procurement.
• Coupa Software: Coupa is a large enterprise procurement and spend management platform. It is not government-native but represents the type of broad incumbent that could compete in adjacent public-sector procurements.
• Workday: Workday provides enterprise procurement, finance, and HCM and increasingly sells into public sector. It represents the broad-incumbent threat of a well-capitalized platform adding AI sourcing features.

Others

• SAM.gov: SAM.gov is the federal government's free system for award management and vendor solicitation postings. It is a reference infrastructure layer rather than a competitor, but agencies' reliance on it shapes Hazel's wedge.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/about

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hazel