{
  "license": {
    "name": "CC BY 4.0",
    "url": "https://creativecommons.org/licenses/by/4.0/"
  },
  "cite_as": "Newsprint, \"Arkestro: what it sells, price and AI features\", https://www.newsprint.com/companies/arkestro/, updated 2026-11-11",
  "updated_at": "2026-11-11",
  "url": "https://www.newsprint.com/companies/arkestro/",
  "markdown_url": "https://www.newsprint.com/companies/arkestro.md",
  "title": "Arkestro: what it sells, price and AI features",
  "opening_answer": "Arkestro is on the AI procurement software map. We record 2 dated launches and events for it. The latest is dated Oct. 29, 2025.",
  "period": "May 15 to Oct. 29, 2025",
  "methodology_url": "https://www.newsprint.com/updates/pr-software/#methodology",
  "company": {
    "id": "C9G77RV",
    "slug": "arkestro",
    "name": "Arkestro",
    "aliases": [],
    "site": "https://arkestro.com/",
    "summary": "\"The only predictive procurement platform for accelerated net growth.\" Arkestro sells a platform that runs quote requests and sourcing events with AI, using behavioral science and game theory to price and negotiate. Its new Arkestro Intelligence models recommend prices and suppliers and forecast purchases; Arkestro Opportunities suggests line-item actions to cut cost and risk. Buyers include procurement teams in manufacturing, energy, automotive and consumer goods.",
    "founded": null,
    "categories": [
      "sourcing"
    ],
    "status": "active",
    "price_note": null,
    "update_channels": [],
    "updated_at": "2026-11-11",
    "off_map": null,
    "merged_into": null,
    "category_names": [
      "Sourcing and AI negotiation"
    ]
  },
  "confirmed_product_launches": 0,
  "dated_product_launches": 0,
  "undated_launches": 0,
  "launches_data_url": "https://www.newsprint.com/data/launches.json",
  "count": 0,
  "launches": [],
  "launch_list": false,
  "indexed": true,
  "summary": {
    "text": "\"The only predictive procurement platform for accelerated net growth.\" Arkestro sells a platform that runs quote requests and sourcing events with AI, using behavioral science and game theory to price and negotiate. Its new Arkestro Intelligence models recommend prices and suppliers and forecast purchases; Arkestro Opportunities suggests line-item actions to cut cost and risk. Buyers include procurement teams in manufacturing, energy, automotive and consumer goods.",
    "source": {
      "name": "arkestro.com",
      "url": "https://arkestro.com/"
    },
    "from": "record"
  },
  "maps": [
    {
      "map": "procurement-software",
      "title": "The AI procurement software map",
      "url": "https://www.newsprint.com/research/procurement-software/#co-arkestro",
      "section": "companies",
      "name": "Arkestro",
      "site": "https://arkestro.com/",
      "category": "Sourcing and AI negotiation",
      "what": "\"The only predictive procurement platform for accelerated net growth.\" Arkestro sells a platform that runs quote requests and sourcing events with AI, using behavioral science and game theory to price and negotiate. Its new Arkestro Intelligence models recommend prices and suppliers and forecast purchases; Arkestro Opportunities suggests line-item actions to cut cost and risk. Buyers include procurement teams in manufacturing, energy, automotive and consumer goods.",
      "what_source": {
        "name": "arkestro.com",
        "url": "https://arkestro.com/"
      },
      "price": "not published; sales-led (demo request only)",
      "price_published": false,
      "capabilities": {
        "label": "AI capabilities",
        "items": [
          "Assistant",
          "Supplier discovery",
          "AI negotiation",
          "RFx and bid analysis"
        ]
      },
      "scale_tier": 3,
      "scale": "Funded challenger: institutional funding disclosed ($36M strategic investment reported May 2025 led by Altira Group and Aramco Ventures; customers named on its site include Koch, JLL, Chevron and Dover.)",
      "founded": null,
      "founded_source": null,
      "fate": null,
      "sources": [
        {
          "name": "arkestro.com",
          "url": "https://arkestro.com/"
        },
        {
          "name": "ajot.com",
          "url": "https://www.ajot.com/news/arkestro-announces-arkestro-labs-powerful-new-procurement-ai-offerings-at-optimal-25"
        },
        {
          "name": "pulse2.com",
          "url": "https://pulse2.com/arkestro-36-million-raised-for-predictive-procurement-platform/amp/"
        },
        {
          "name": "webull.com",
          "url": "https://www.webull.com/news/15660368637133824"
        }
      ],
      "more_sources": 0,
      "cross_listed": false
    }
  ],
  "off_map_url": null,
  "timeline": [
    {
      "id": "event-1",
      "url": "https://www.newsprint.com/companies/arkestro/#event-1",
      "on": "2025-10-29",
      "date_precision": "day",
      "title": "Arkestro launches Arkestro Labs, Intelligence models and Opportunities co-pilot",
      "summary": "Arkestro Intelligence is a set of models for price recommendations, supplier suggestions, purchase forecasting and commodity-linked price prediction. Arkestro Opportunities, the first feature on them, recommends line-item actions to cut cost and risk and can execute them.",
      "kind": "Launch",
      "from": {
        "name": "The AI procurement software map",
        "url": "https://www.newsprint.com/research/procurement-software/#co-arkestro"
      },
      "source": {
        "name": "AJOT (press release)",
        "url": "https://www.ajot.com/news/arkestro-announces-arkestro-labs-powerful-new-procurement-ai-offerings-at-optimal-25"
      }
    },
    {
      "id": "event-2",
      "url": "https://www.newsprint.com/companies/arkestro/#event-2",
      "on": "2025-05-15",
      "date_precision": "day",
      "title": "Arkestro raises $36M in strategic investment",
      "summary": "Led by Altira Group and Aramco Ventures with NEA, KDT and Activant. The platform uses AI, behavioral science and game theory to speed procurement cycles.",
      "kind": "Funding round",
      "from": {
        "name": "The AI procurement software map",
        "url": "https://www.newsprint.com/research/procurement-software/#co-arkestro"
      },
      "source": {
        "name": "Pulse 2",
        "url": "https://pulse2.com/arkestro-36-million-raised-for-predictive-procurement-platform/amp/"
      }
    }
  ]
}