Shares in Decidr AI Industries Ltd (ASX: DAI) jumped more than 15% on Monday after the company announced it had raised $20 million and updated the market on a number of existing and new partnerships.
Decidr is an "agentic AI enablement group", which offers a product which scans and maps a business' systems, and combines that data into an AI agent.
As the company explains:
By embedding agentic AI into diverse platforms, Decidr is transforming how organisations operate, unlocking efficiency, and creating new revenue opportunities across industries. With multiple co-created products moving from pilot to full release in the coming quarter, Decidr is well positioned to accelerate adoption and deliver long-term value for its partners, customers, and shareholders.
Decidr said on Monday it had raised $20 million at 90 cents per share, with the company to use the money for working capital and to accelerate existing product deployments.
The company's shares jumped 15.4% to $1.08 on the news after the stock returned to trade.
Decidr's Executive Chairman, David Brudenell, said:
This raise reflects the strong momentum Decidr is building through our global partnerships, growing customer base, and expanding agentic ecosystem. The support from institutional investors allows us to accelerate global growth and fast-track the creation of the Agentic Graph – the foundation of AI-native organisations. It's a major step in delivering on our vision to power the agentic economy.
Image source: Getty Images
New and expanded deals to drive growth
Decidr also updated the market on six customer relationships, firstly saying that it had signed a partnership with Now Book It, Australia's largest reservation booking platform.
The company will integrate its agentic AI platform into the Now Book It system to deliver procurement intelligence linking bookings to supplier orders, forecasts, and cost optimisation.
The platform would also be able to carry out predictive demand forecasting and inventory alignment, as well as include dynamic upsell and marketing automation.
Mr Brudenell said the partnership reflected Decidr's vision to transform sectors using AI enablement.
With Now Book It…we are creating a connected partner ecosystem that provides unique data and will transform how venues operate. By linking bookings, procurement, and marketing into a unified agentic network, we're enabling hospitality groups to save costs, boost efficiency, and create personalised guest experiences at scale.
Decidr also highlighted partnerships with the Australian Institute of Management, procurement and supply chain platform eBev, The Growth Faculty, ELMO Software, and Go1.
