Arkestro Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Private

  • Employees
  • 113

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $36M

  • Investors
  • 28

Arkestro General Information

Description

Developer of a cloud-based automated negotiation software designed to leverage artificial intelligence to optimize procurement savings. The company's software drives exponential improvements and market-leading results in procurement and drives increased vendor participation from those that matter most, enabling organizations to achieve a significant margin in savings on managed services and raw materials solicitations.

Contact Information

Website
www.arkestro.com
Formerly Known As
Bid Ops
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 60 29th Street
  • Suite 148
  • San Francisco, CA 94110
  • United States
+1 (888)
Primary Industry
Business/Productivity Software
Vertical(s)
CloudTech & DevOps, SaaS, Artificial Intelligence & Machine Learning, Supply Chain Tech, TMT
Corporate Office
  • 60 29th Street
  • Suite 148
  • San Francisco, CA 94110
  • United States
+1 (888)

Arkestro Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Arkestro Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Later Stage VC 14-May-2025 $36M Completed Generating Revenue
9. Later Stage VC (Series A) 28-Feb-2023 Completed Generating Revenue
8. Early Stage VC (Series A) 15-Dec-2021 Completed Generating Revenue
7. Early Stage VC (Series A) 15-Apr-2020 Completed Generating Revenue
6. Seed Round 07-Mar-2019 Completed Startup
5. Accelerator/Incubator 15-May-2018 Completed Startup
4. Accelerator/Incubator 03-Jan-2018 Completed Startup
3. Accelerator/Incubator 01-Jan-2017 Completed Startup
2. Accelerator/Incubator Completed Startup
1. Accelerator/Incubator Completed Startup
To view Arkestro’s complete valuation and funding history, request access »

Arkestro Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A-1
Series A-5
Series A-4
Series A-3
Series A-2 3,935,208 $0.000100 $0.39 $0.39 1x $0.39 9.66%
Seed 6,050,724 $0.000100 $0.42 $0.42 1x $0.42 14.85%
To view Arkestro’s complete cap table history, request access »

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Arkestro Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a cloud-based automated negotiation software designed to leverage artificial intelligence to optimize procu
Business/Productivity Software
San Francisco, CA
113 As of 2026

Stonehouse, United Kingdom
 

Seattle, WA
 
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Arkestro Competitors (62)

One of Arkestro’s 62 competitors is Market Dojo, a Formerly Accelerator/Incubator backed company based in Stonehouse, United Kingdom.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Market Dojo Formerly Accelerator/Incubator backed Stonehouse, United Kingdom
Suplari Formerly VC-backed Seattle, WA
Rosslyn Data Technologies Formerly VC-backed London, United Kingdom
Sievo Venture Capital-Backed Helsinki, Finland
Infor Global Solutions Private Equity-Backed Atlanta, GA
You’re viewing 5 of 62 competitors. Get the full list »

Arkestro Patents

  • 17

    Total Documents Applications and Grants

  • Total Patents Families

  • 9

    Granted

  • 2

    Pending

  • Expiring in next 12 mo

Arkestro Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-12154161-B2 Omnichannel procurement orchestration method and system for generating recommendations and scoring impact Active 27-Jan-2023
US-11915300-B1 Omnichannel procurement orchestration system for generating personalized recommendations Active 27-Jan-2023
WO-2024158940-A1 Omnichannel procurement orchestration system for generating personalized recommendations Inactive 27-Jan-2023
US-20240257207-A1 Omnichannel procurement orchestration system for generating recommendations and scoring impact Active 27-Jan-2023
WO-2024158936-A1 Omnichannel procurement orchestration system for generating recommendations and scoring impact Inactive 27-Jan-2023 G06Q30/0631
To view Arkestro’s complete patent history, request access »

Arkestro Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Arkestro Investors (28)

Investor Name Investor Type Holding Investor Since Participating Rounds
Activant Capital Venture Capital Minority
Altira Group Venture Capital Minority
Aramco Ventures Corporate Venture Capital Minority
Construct Capital Venture Capital Minority
Four More Capital Venture Capital Minority
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Arkestro FAQs

  • When was Arkestro founded?

    Arkestro was founded in 2017.

  • Where is Arkestro headquartered?

    Arkestro is headquartered in San Francisco, CA.

  • What is the size of Arkestro?

    Arkestro has 113 total employees.

  • What industry is Arkestro in?

    Arkestro’s primary industry is Business/Productivity Software.

  • Is Arkestro a private or public company?

    Arkestro is a Private company.

  • What is the current valuation of Arkestro?

    The current valuation of Arkestro is .

  • What is Arkestro’s current revenue?

    The current revenue for Arkestro is .

  • How much funding has Arkestro raised over time?

    Arkestro has raised $68.6M.

  • Who are Arkestro’s investors?

    Activant Capital, Altira Group, Aramco Ventures, Construct Capital, and Four More Capital are 5 of 28 investors who have invested in Arkestro.

  • Who are Arkestro’s competitors?

    Market Dojo, Suplari, Rosslyn Data Technologies, Sievo, and Infor Global Solutions are some of the 62 competitors of Arkestro.

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