Overview
Hazel builds AI-powered procurement software for U.S. federal, state, and local government agencies. The platform automates the full procurement lifecycle, including requirements generation, market research, solicitation and RFP/RFQ/RFB drafting, and proposal evaluation, with automated policy compliance checks built in. It targets the 19,000+ government entities that procure trillions of dollars in goods and services each year.
Company
Hazel went through Y Combinator's W24 batch and is based in San Francisco. It was founded by CEO August Chen (ex-Palantir) and COO Elton Lossner (ex-Boston Consulting Group), with a founding team including engineers from Palantir, BCG, and Lockheed Martin. Hazel is already on contract with more than 10 government clients spanning federal, state, and local levels, including the City of Dallas, City of Atlanta, PhilaPort, and the U.S. Air Force, supporting over $2.5B in annual procurement.