Fragment launches with $56 million in funding to automate procurement work

Fragment announced its launch and $56 million in funding on October 28, 2026, including a Series A led by 8VC and a seed round co-led by General Catalyst and A*. The company says its software connects business data, systems and policies so AI agents can handle procurement problems, starting with the materials manufacturers buy for their products. Fragment says it works with enterprises including Graybar and CNX.