How much funding has Arkestro raised?

Arkestro has raised $63.8M in total funding, most recently a series b round.

Who are Arkestro's investors?

Arkestro's investors include New Enterprise Associates, Altira Group, Aramco Ventures, Unknown, Koch Disruptive Technologies, Activant Capital.

Where is Arkestro headquartered?

Arkestro is headquartered in San Francisco, California, United States.

What industry is Arkestro in?

Arkestro operates in Artificial Intelligence, SaaS.

Arkestro

Amplify the impact of procurement's influence

San Francisco, United States · Founded 2017 · $63.8M raised

Artificial Intelligence

SaaS

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.

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