Diagon: Revolutionizing Equipment Sourcing and Procurement for the Modern Enterprise
Will Drewery, co-founder of Diagon, has spent his fair share of time navigating the complexities of equipment sourcing and procurement. As a former Tesla employee, Drewery was responsible for managing delivery of critical equipment, testing, and installation – a process that often took months to years. After leaving Tesla in 2018, he recognized the need for a more efficient and effective platform to support companies with similar needs.
The Birth of Diagon
In November 2023, Drewery launched Diagon, an equipment sourcing and procurement platform designed to simplify the process for businesses of all sizes. The company’s software allows customers to find suppliers, interpret quotes, and manage procurements in a single, streamlined platform.
A Team of Experts
Drewery assembled a team of experts to develop the Diagon platform. With a focus on innovation and customer satisfaction, they have built a robust product that meets the evolving needs of modern enterprises.
Key Features:
- Supplier Network: Diagon has established partnerships with top suppliers in various industries, ensuring access to high-quality equipment at competitive prices.
- Quote Management: The platform enables users to easily compare quotes from multiple suppliers, saving time and reducing costs.
- Procurement Management: Diagon streamlines the procurement process, allowing customers to track orders, manage inventory, and schedule delivery dates.
Funding Round
Diagon recently secured $5.1 million in funding, led by The Westly Group, with participation from Valia Ventures, Techstars, Foster Ventures, Foxe Capital, Anthemis, and ReFashiond Ventures. This investment will enable the company to expand its team, develop new features, and acquire new customers.
Goals for 2025
With this latest funding round, Diagon is poised to make a significant impact in the equipment sourcing and procurement industry. In 2025, Drewery aims to:
- Expand Product Offerings: Develop new tools that enhance user experience, such as AI-powered supplier suggestions and automated quote analysis.
- Acquire New Customers: Establish partnerships with leading companies across various industries to promote the Diagon platform.
- Series A Fundraising: Prepare for a Series A funding round, which will enable further growth and innovation.
Join the Revolution
As the demand for efficient equipment sourcing and procurement continues to grow, Diagon is well-positioned to become the go-to solution for modern enterprises. With its innovative platform and expert team, the company is poised to revolutionize the industry in 2025 and beyond.
