Arkestro
AI-powered platform for predictive procurement and automated enterprise negotiations.
Company facts
- Founded
- 2017
- Employees
- 113
- Headquarters
- United States
- CEO
- Edmund Zagorin
- Type
- Private
- Funding
- Series A · $36M · 2025
About
Arkestro is a pioneering predictive procurement platform founded in 2017 that empowers organizations to enhance their purchasing strategies. With our innovative Predictive Procurement Orchestration (PPO), we enable businesses to make informed supplier decisions quickly across all categories of spend. Unlike traditional procurement methods, Arkestro utilizes advanced machine learning techniques, behavioral science, and game theory principles to revolutionize procurement processes. Our platform offers organizations the ability to automate procurement cycles, leading to immediate results that can significantly impact the bottom line. Clients leveraging Arkestro have reported an average savings of 16% within the first 60 days of implementation and notable increases in supplier participation across their procurement events. We serve industries including Automotive, Manufacturing, Oil & Gas, and many others, underscoring our flexibility and adaptability in enhancing procurement efficiency and effectiveness across various sectors. Our team is committed to continuous innovation and is passionate about supporting procurement professionals in achieving optimal outcomes with minimal effort.