Arkestro
Amplify the impact of procurement's influence
San Francisco, United States · Founded 2017 · $63.8M raised
- Headquarters
- San Francisco, California
- Employees
- 51–200
- Founded
- 2017
- Business Model
- B2B
- Website
- arkestro.com
- Total Funding
- $63.8M
- Last Round
- $36.0M Series BMay 2025
- Rounds
- 3
About
Arkestro (formerly Bid Ops) is a predictive procurement orchestration platform that uses AI, game theory, and behavioral science to help enterprise procurement teams drive significantly greater cost savings. Founded in 2017 and headquartered in San Francisco, the platform embeds preferred outcomes into sourcing workflows, enabling teams to collect and compare supplier quotes faster while achieving 2-5x lift on cost savings. Arkestro is used by large enterprises including Chevron and Koch Industries.
Summary
Arkestro is an Artificial Intelligence company based in San Francisco, United States, founded in 2017. It has raised $63.8M in total across 3 rounds, most recently a $36.0M Series B round in May 2025. Investors include New Enterprise Associates, Altira Group and Aramco Ventures.
Tech & App Stack
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Funding History
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May 2025
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Seed through Series B — per-round amounts, valuations, and who invested in each round.
Investors
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