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akirolabs

Collaborative strategic procurement platform

akirolabs logo
21-100 employees
  • B2B
  • Artificial Intelligence
  • Market research
  • Machine Learning
  • SaaS
  • Data Analysis
  • Procurement
Winsviertel, Berlin, Germany

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Company mission

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.

Our take

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.

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Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Work closely with experienced and successful entrepreneurs that support your development through mentoring
  • A lot of space for your own ideas with a sparring approach
  • Full flexibility in working hours and location
  • Collaborative company spirit and open feedback culture
  • Employee growth opportunities

Company values

  • Beyond Category - Thinking and acting beyond the traditional supply market focus. akiro brings procurement closer to the core business, the overarching business strategy and broader company purpose
  • Sustainable Value - Instead of focusing solely on efficiency and savings, akiro emphasizes total sustainable business value, ensuring benefits for the business, the planet, and society at large
  • Collaborative Innovation - We believe that true innovation stems from diversity and collaboration. By merging procurement thought leadership with cutting-edge technology, we foster an environment where diverse perspectives drive disruptive solutions
  • Future-Forward Procurement - Akiro fills a unique space in ProcureTech, building on award-winning innovations and continuously pushing boundaries to shape the future of procurement

Funding (2 rounds)

Jul 2024

$1.1m

GRANT

Jan 2024

$5m

SEED

Total funding: $6.1m

Leadership

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.

Jobs (4)

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Marketing

Operations & Strategy

Sales & Account Management