With the increasing need to automate procurement processes, the materialisation of e-procurement technology is anticipated to open up new opportunities for market growth. The requirement to prevent the duplication of records is also anticipated to boost the procurement software market's development in the coming years.
Keelvar is a global provider of AI-driven sourcing optimization and automation solutions for enterprise procurement teams. They are a leader in the market and optimize over $100bn+ dollars in spend annually for large and mid-sized clients. Their customers include Microsoft, Tesco PLC, Royal FrieslandCampina and Mauser Packaging Solutions.
2022 investment from SquareOne and Mosaic Ventures will support Keelvar’s expansion plans in Europe and the US, research and development, and the hiring of more talent.
Freddie
Company Specialist at Welcome to the Jungle