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Arkestro Appoints Tom Aitchison As COO and Ron Rasmussen As CTO

PRIVATEAug 06, 20263 days ago

Position

Chief Technology Officer

Company

Arkestro

Ron Rasmussen
AtlantaOtherFinancial ServicesSoftwareData And Analytics

Description

Arkestro has announced the appointments of Tom Aitchison as President and Chief Operating Officer and Ron Rasmussen as Chief Technology Officer. This expansion of leadership is aimed at supporting the company's growth in predictive procurement.

Company Information

Company

Arkestro

Location

Atlanta, Georgia, United States

About

Today the company announced a $26 million Series A to help keep growing the platform. The company works with a network of global suppliers and can help customers find the right ones at the best price to maintain services and supply levels.“Predictive procurement orchestration is really about finding the right balance. It’s going to continue to look for goods or services that a company needs until it finds someone who says yes to the price and amount, starting with a list of preferred providers. The company, which was originally called BidOps, launched in 2017 after Zagorin saw a need for this type of software while working as a procurement consultant. The company currently has around 50 employees, and is aggressively hiring. Arkestro is essentially a self-negotiating system.

Predictive Intelligence
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Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.