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Arkestro

Technology - Procurement and Sourcing Solutions San Francisco ~540 employees
Founded
--
Employees (Est.)
~540
27 leaders known
Total Funding
$36.0M
Funding Rounds
1
Last Funding
2025-05-14

About Arkestro

Arkestro is a Predictive Procurement Platform designed to address frustrations with outdated and inefficient procurement processes. It aims to help enterprises make faster, smarter decisions with existing resources, achieving significant savings (average of 15.5% per $1M of spend) and faster procurement cycles (60% faster), while managing more spend without additional headcount.

Products & Services

Predictive Procurement Platform:A patented technology powered by AI and three core sciences (Negotiation Science, Supplier Science, and Process Science) to secure better pricing, optimize supplier selection, and automate workflows for faster procurement cycles.
Professional Services:Services to support successful implementation and set the tempo for customer success.
Integrations:Solutions to seamlessly implement the platform at speed with existing systems.

Specialties

Predictive Procurement Autonomous Sourcing AI-driven Procurement Negotiation Science Supplier Science Process Science Procurement Automation

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Strategic Investment
T: -
FT: Strategic Investment
A: 36000000
MR: -
FA: 36M
FAN: 36000000
D: 2025-05-14
FD: 2025-05-14
5 investors
Strategic Investment Latest
2025-05-14
$36.0M
5 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

E

Edmund

Founder and Procurement Consultant

E

Edmund Zagorin

Chief Strategy Officer and Co-Founder

LinkedIn (Pro only)
B

Ben Leiken

Chief Technology Officer

LinkedIn (Pro only)
A

Aziel Ferguson

S

Sam Griffiths

R

Rob Desantis

Co-founder

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Recent News

Arkestro Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Technology - Procurement and Sourcing Solutions
Company Size
~540 employees (est.)
Locations
San Francisco
Tempe, Arizona and San Francisco, California

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