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To become the platform for connecting people with different backgrounds, cultures and languages to change businesses for the better forever through procurement strategies with purpose and sustainable business value.
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In the area of procurement, although digital transformation has certainly evolved operations, there is still much scope for improvement. This has become especially evident of late, when strategic procurement strategies have been needed to address the macroeconomic challenges that businesses are facing.
Akirolabs exists to unlock the value potential of strategic procurement, by implementing artificial intelligence to make the process smarter and swifter. Through the platform, users can create, execute, and monitor their intelligent category strategies, visualizing and comparing a diverse range of choices informed by rich insights and their overarching strategy.
The company claims that this approach enables clients to "achieve 4-5 times higher value from procurement - beyond savings" - an impressive feat that will no doubt attract many businesses. With its industry-agnostic approach, akirolabs certainly has potential to shake up the procurement space, and $5 million in seed funding should set it on its way.
Steph
Company Specialist at Welcome to the Jungle
Jul 2024
$1.1m
GRANT
Jan 2024
$5m
SEED
Michael Pleuger
(Strategy & Growth)Owner and Managing Director or iMPact Strategic Advisory. Former Senior Partner at Roland Berger and Partner (Management Consulting) at KPMG. Also worked at Vodafone as Senior Manager of Global e-Supply Chain Management.
Detlef Schultz
(Vision & Customers)Member of the Board at LMS365. Chairman of the Board and former CEO of Vodafone Procurement Company, who also worked as a Senior Advisor for Machavert Pharmaceuticals.
Christoph Flöthmann
(Product & Technology)A freelance Management Consultant, Christoph has also worked as a Senior Consultant at Roland Berger and as an Assistant Manager for Operations Consulting at KPMG.
Tim Ergenzinger
(Finance & Operations)Former Senior Consultant at Roland Berger. Spent 8 years at KPMG, ultimately as Manager for Operations Consulting. Prior to this, they completed a chain of internships in areas such as IT Advisory and Supply Chain.
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