Fundz

Arkestro raises $36M in funding led by Altira Group and Aramco Ventures to enhance AI-powered procurement technology.

PRIVATEMay 14, 2025

Amount Raised

$36 Million

Round Type

Funding Round

San FranciscoOtherInformation TechnologyFinancial ServicesSoftwareData And Analytics

Investors

New Enterprise AssociatesKdtActivantAltira GroupAramco Ventures

Description

Arkestro, based in San Francisco, CA, has raised $36M in funding to accelerate its AI-powered procurement platform innovation. The round was led by Altira Group and Aramco Ventures, with participation from NEA, KDT, and Activant. Their technology aims to transform enterprise spending and improve supply chain agility. This funding will help the company further develop its predictive procurement solutions for Fortune 500 clients.

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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.

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Related People

2 contacts
Verified contactsEdmund Z., Executive Officer, Director hidden hidden hiddenSee plans and pricing
Predictive Intelligence
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Arkestro raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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