Arkestro raises $36M in funding led by Altira Group and Aramco Ventures to enhance AI-powered procurement technology.
Amount Raised
$36 Million
Round Type
Funding Round
San FranciscoOtherInformation TechnologyFinancial ServicesSoftwareData And AnalyticsInvestors
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.
Quick answer
Arkestro raised $36 Million in a Funding Round round, dated May 14, 2025. Investors: New Enterprise Associates, Kdt, Activant, Altira Group and Aramco Ventures. Arkestro is based in San Francisco, California, United States.
- How much did Arkestro raise?
- Arkestro raised $36 Million in a Funding Round round on May 14, 2025.
- Who invested in Arkestro?
- New Enterprise Associates, Kdt, Activant, Altira Group and Aramco Ventures are named as investors in this round.
- What does Arkestro do?
- Arkestro's Predictive Procurement Platform accelerates enterprise spend transformation to unlock trapped savings and reduce risk, enabling teams to influence significantly more spend.
- Where is Arkestro based and how big is it?
- Arkestro is based in San Francisco, California, United States. Fundz records about 101 employees.
- Who are the decision-makers at Arkestro?
- Fundz holds 2 contacts at Arkestro, including the Executive Officer, Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Data And Analytics around the same time
Companies in the same sectors as Arkestro that raised within 45 days of this round, from Fundz verified event records.
- TruSight raised an undisclosed amount (Corporate Round) on June 26, 2025.
- Mahalo raised $2.6M (Pre-Seed) on June 24, 2025.
- American Bitcoin raised $220M on June 24, 2025.
- Digital Asset Acquisition raised $135M (Funding Round) on June 24, 2025.
- Conquest Planning raised $80M (Series B) on June 23, 2025.
- Parabolic Technologies, Inc. raised $150K on June 23, 2025.
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
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Related People
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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