Content
05/14/2025
San Francisco, CA USA
Arkestro
completed $36 million Strategic Round funding. Investors include
Aramco Ventures (lead), Altira Group (lead), New Enterprise Associates, KdT Ventures, Activant Capital.
About
Arkestro's Predictive Procurement Platform accelerates enterprise spend transformation to unlock trapped savings and reduce risk, enabling teams to influence significantly more spend. By combining AI and game theory with Arkestro's patented three science technology, Negotiation Science, Supplier Science, and Process Science, procurement teams can improve win rates while strengthening supply chain agility. Trusted by Fortune 500 companies across industries, Arkestro shifts traditional procurement to become a proactive, results-driven function—eliminating inefficiencies, optimizing negotiations, and enhancing supplier collaboration.
Arkestro has been recognized for its industry leadership, including being named a Sample Vendor for Autonomous Sourcing, Autonomous Procurement, and Supplier Discovery in Gartner's 2024 Hype Cycle, and a Top Tech – Sourcing provider in the Fall 2024 SolutionMap.
Startup
Sector:
Software
B2B
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