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Emanate: Peter Thiel-Backed AI Startup Targets Industrial Supply Chain

Yahoo Tech •
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Emanate, an AI startup backed by Peter Thiel and Andreessen Horowitz, has emerged from stealth with a focus on modernizing America's industrial supply chain. Founded by Gen Z entrepreneur Kiara Nirghin, the San Francisco-based company deploys autonomous revenue agents to help industrial materials distributors capture billions in lost revenue through manual processes.

Nirghin, a Thiel fellow and Stanford AI researcher, leads a small team of under 10 engineers targeting the $5 trillion industrial materials sector. The company's AI agents handle 24/7 customer interactions, pricing decisions, and prospect research across multiple channels. Emanate projects nearly 50-fold revenue growth as it deepens partnerships with leading industrial distributors.

The startup's debut aligns with a16z's $1.1 billion American Dynamism fund, which prioritizes companies supporting national interests like logistics and critical infrastructure. General partner Ben Horowitz emphasized the importance of American technological leadership, stating the firm's mission is ensuring America wins the next 100 years of technology. Emanate claims its product can increase customer revenue by 60% to 80%.

Quick Fact: Emanate was founded in 2025 and is currently staffed by under 10 AI engineers and product designers.