Director, Content Marketing
ArkestroSalary not specified
- Full Time
- Senior (5 to 8 years)
About Arkestro
Arkestro focuses on Predictive Procurement Orchestration (PPO), using artificial intelligence (AI) to enhance procurement processes for businesses. It helps large global companies streamline the time-consuming task of collecting and comparing supplier quotes, enabling faster and more informed purchasing decisions. Arkestro operates on a software-as-a-service (SaaS) model, providing tools that automate procurement tasks and generate predictive insights. The company's goal is to improve efficiency and resilience in supply chains, setting it apart from competitors by emphasizing AI-driven automation.
San Francisco, CaliforniaHeadquarters
2017Year Founded
$98.5MTotal Funding
EARLY_VCCompany Stage
Enterprise Software, AI & Machine LearningIndustries
51-200Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
401(k) Retirement Plan
Unlimited Paid Time Off
Flexible Work Hours
Remote Work Options
Home Office Stipend
Professional Development Budget
Risks
Rapid AI advancements may outpace Arkestro's current technological capabilities.
Skepticism about Predictive Procurement Orchestration's cost and time investment may hinder adoption.
Economic instability could lead to budget cuts affecting Arkestro's subscription revenue.
Differentiation
Arkestro uses AI to streamline procurement, reducing manual quote comparisons.
The platform integrates with existing systems for seamless procurement automation.
Arkestro's Predictive Procurement Orchestration offers faster savings and real-time collaboration.
Upsides
Partnership with Infor Marketplace expands Arkestro's reach to over 60,000 organizations.
Rising AI adoption in procurement supports Arkestro's market growth potential.
Recent $40 million equity raise boosts Arkestro's expansion and product development.
Funding
Total raised$98.48 M
Latest valuation$201.50 M
StageEARLY_VC
EARLY VC
2/28/2023$40
$201.50 M