Arkestro Brings Game Theory And Machine Learning To Procurement With $26M Investment
PRIVATEJun 14, 2022
Amount Raised
$26 Million
Round Type
Venture
San FranciscoOtherInformation TechnologyFinancial ServicesSoftwareData And Analytics
Description
Procurement involves buying supplies and services you need to run your business. For the most part, companies still use email and spreadsheets or legacy tools to find the best price and come to an agreement with the supplier. That’s fine as far as it goes, but in a world of growing supply chain problems and just-in-time production, it seems there should be a way to put more sophisticated technology to work on the problem.
Who to call at Arkestro, and when
A new round usually means Arkestro is about to hire and buy. The teams that reach out first get the meeting.
An alert the day Arkestro raises, hires an executive or expands, scored against what you sell
The decision-makers there, with verified emails
Who you already know at Arkestro, from your own LinkedIn network
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce★★★★★4.8/5 on G2
Company Information
Company
Arkestro
Location
60 29TH STREET, #148
San Francisco, California, United States
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.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Arkestro raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
San FranciscoOtherInformation TechnologyFinancial ServicesSoftwareData And Analytics