# Arkestro: what it sells, price and AI features

URL: https://www.newsprint.com/companies/arkestro/
Covers: May 15 to Oct. 29, 2025
Updated: 2026-11-11
License: CC BY 4.0, 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

> Arkestro is on the AI procurement software map. We record 2 dated launches and events for it. The latest is dated Oct. 29, 2025.

"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: [arkestro.com](https://arkestro.com/).

## Facts

- Site: [arkestro.com](https://arkestro.com/)
- Category: Sourcing and AI negotiation
- Status: Active

## On the research maps

### [The AI procurement software map](https://www.newsprint.com/research/procurement-software/#co-arkestro)

"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: [arkestro.com](https://arkestro.com/).

- Category: Sourcing and AI negotiation
- Price: not published; sales-led (demo request only)
- AI capabilities: Assistant, Supplier discovery, AI negotiation and RFx and bid analysis
- 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.)

Sources: [arkestro.com](https://arkestro.com/), [ajot.com](https://www.ajot.com/news/arkestro-announces-arkestro-labs-powerful-new-procurement-ai-offerings-at-optimal-25), [pulse2.com](https://pulse2.com/arkestro-36-million-raised-for-predictive-procurement-platform/amp/) and [webull.com](https://www.webull.com/news/15660368637133824).

## Launches and dated events, newest first

### Arkestro launches Arkestro Labs, Intelligence models and Opportunities co-pilot

Launch, Oct. 29, 2025. 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.

Source: [AJOT (press release)](https://www.ajot.com/news/arkestro-announces-arkestro-labs-powerful-new-procurement-ai-offerings-at-optimal-25). From [the AI procurement software map](https://www.newsprint.com/research/procurement-software/#co-arkestro).

### Arkestro raises $36M in strategic investment

Funding round, May 15, 2025. 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.

Source: [Pulse 2](https://pulse2.com/arkestro-36-million-raised-for-predictive-procurement-platform/amp/). From [the AI procurement software map](https://www.newsprint.com/research/procurement-software/#co-arkestro).

## Methodology and corrections

How we track launches, and how to report an error: https://www.newsprint.com/updates/pr-software/#methodology
