Arkestro
Procurement spending orchestration platform
- 101-200 employees
- B2B
- Artificial Intelligence
- Enterprise
- SaaS
- Accounting
- Procurement
- Bernal Heights, San Francisco, CA
Jump to section
Company mission
The mission of Arkestro is to amplify the impact of procurement’s influence.
183% employee growth in 12 months
Our take
Procurement has slowly gone under a digital transformation over the last couple of decades. That means moving from phone books to digital marketplaces and enterprise resource planning (ERP) software, famously led by SAP. The chief benefits of a software-based approach were transparency and record-keeping.
Arkestro uses AI to take a much more proactive approach. Using machine learning, game theory, and behavioural science, Arkestro simulates the procurement process before it begins. From there, it can suggest pricing and commercial terms to all parties and reach agreements much faster.
Contemporary procurement and supply chain processes are at the forefront of C-suite-level decision-making, focusing on issues such as sustainability and sanctions. Arkestro is expanding its technology to remedy these problem sets.
While that’s no small challenge, new investment from groups like KDT and Koch Industries should help. Arkestro has numerous investments and operations across the supply chain which can help it embed and experiment with its product as it grows.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- We are highly supportive of flexible work hours
- Every employee has access to a $1000 annual learning + development budget
- Generous 401k matching and healthcare, dental, and vision plans
- We are a remote-first team (office presence in San Francisco and Atlanta), but we like to get together for team building, design sprints, and customer visits
- Competitive salary and startup equity
- Unlimited PTO
Funding (last 2 of 3 rounds)
May 2025
$36m
SERIES B
Mar 2023
$40.3m
EARLY VC
Total funding: $102.3m
Leadership
Edmund Zagorin
(Co-Founder, Chief Strategy Officer and Board Member)Prior to founding Arkestro, Edmund worked as a consultant focused on data-driven supplier negotiations for large healthcare providers, contract manufacturers and multi-campus retail brands.
Rob Desantis
(Co-Founder & CEO)A former co-founder of Ariba, Dibbs Technology and TrueParity. Was also an early angel investor & board member of LinkedIn. More recently, Rob served as an investor and advisor to a small portfolio of companies including Bloom Energy, AEye, Inc., HiQ Labs, Agiloft, USEND and more.