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Arkestro Nabs $36M Strategic Investment

2025-05-14
SAN FRANCISCO, CA, Arkestro, the premier Predictive Procurement Platform accelerating enterprise spend transformation, announced a strategic investment totaling $36M.
Arkestro, the premier Predictive Procurement Platform accelerating enterprise spend transformation, announced a strategic investment totaling $36M. The investment was led by Altira Group and Aramco Ventures, with participation from existing investors NEA, KDT, and Activant. The investment will accelerate Arkestro's ongoing innovation in AI-powered procurement technology, advancing its mission to help enterprises unlock hidden savings, reduce supply chain risk, and drive operational efficiency-empowering procurement teams to focus on strategic, high-impact initiatives.
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