Fundraising Fox

→ Arkestro

San Francisco, US · 11 known investors

arkestro.com ↗

Arkestro provides intelligent procurement software that automates supplier quote collection and comparison for enterprise procurement teams. The platform uses real-time recommendations and predictive pricing to reduce manual data entry and cycle time while integrating seamlessly into existing procurement systems.

AI & Machine LearningEnterprise SoftwareSaaSin /arkestro

Founders & leadership

EL
Edmund Leiken
BL
Ben LeikenCTO
RD
Rob DesantisCo-founder
CP
Cindy PadnosDirector
EA
Edmund Adam ZagorinExecutive Officer, Director
MM
Martin MeyerExecutive Officer
NL
Neil LustigExecutive Officer, Director
JI
Jeff ImmeltDirector

Investors · 11

Activant CapitalNew York · $100K – $50M
Altira Group LLCDenver · $5M – $25M
CervinPalo Alto
Construct CapitalWashington · $2M – $6M
El Cap EquitySalt Lake City
Forum VenturesNew York · $50K – $100K
Koch Disruptive TechnologiesSan Francisco
Tech WildcattersDallas
Aramco Venturesreported · 2 sources
Illuminate Venturesreported · 2 sourcesOakland · $100K – $1.5Mvia Cindy Padnos · board
New Enterprise Associates (NEA)reportedMenlo Park · $200K – $40Mvia Jeff Immelt · board

Reported raises · per SEC filings

Form D private placements
▶$40.3MraisedFeb 2023 · 36 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Cindy PadnosDirector
  • Edmund Adam ZagorinExecutive Officer, Director
  • Martin MeyerExecutive Officer
  • Neil LustigExecutive Officer, Director
  • Ben LeikenExecutive Officer
  • Jeff ImmeltDirector
  • Rob DeSantisDirector
Offering amount
$40.3M
Amount sold
$40.3M
First sale
May 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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