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Keelvar

Cork, IE · Founded 2012 · 124 employees on LinkedIn · 11 known investors

Find your way into Keelvar

828 people in our graph share verified history with the Keelvar team — schools, employers, funds. One of them is your warm intro.

Toby Coppelunlockedknows Alan Holland · together at Keelvar (overlapped)
knows the team · via Keelvar
×2knows the team · via University of Limerick
×6knows the team · via University College Cork
×2knows the team · via Endeavor

Keelvar is an AI-native advanced sourcing optimization platform that helps enterprises automate and optimize procurement processes by matching buyers and suppliers fairly using intelligent algorithms. The software serves multinationals and procurement teams managing large-scale B2B sourcing operations.

AI & Machine LearningB2B MarketplacesEnterprise SoftwareSaaS

Founders & leadership

Keelvar was founded in 2012 by Alan Holland.

AHAlan Holland
Alan HollandFounder & CEOAlan Holland holds a PhD in Artificial Intelligence with specialization in trading agents and game theory, and is founder and CEO of Keelvar, which provides sourcing optimization software for enterprise procurement operations.

Investors · 11

Act Venture Capitallisted by Act Venture CapitalDublin

How we know: Act Venture Capital's portfolio page · Not right? Tell us

ACT Venture Capitallisted by ACT Venture CapitalDublin · $1.1M – $16.2M

How we know: ACT Venture Capital's portfolio page · funding news · Not right? Tell us

Enterprise Equitylisted by Enterprise EquityDundalk · $81K – $1.6M
Mosaic Ventureslisted by Mosaic VenturesLondon · $1M – $10Mvia Chandar Lal · led

How we know: Mosaic Ventures's portfolio page · a partner's Signal profile · funding news · the VCSheet dataset · Not right? Tell us

SquareOnelisted by SquareOneBerlin · $378K – $3.8M

How we know: SquareOne's portfolio page · the VCSheet dataset · Not right? Tell us

CelonisreportedNew York

How we know: a partner's Signal profile · Not right? Tell us

Elephant PartnersreportedBoston

How we know: a partner's Signal profile · techcrunch.com · Not right? Tell us

New Enterprise Associates (NEA)reportedMenlo Park · $200K – $40M

How we know: a partner's Signal profile · Not right? Tell us

Also in the syndicate · 2

MosaicPaua

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

2 people who came through Keelvar went on to found or lead other companies.

Thomas EblingDirectorFounded Demandware +2David ClarkeInvestor and Board ChairFounded VCola

Related companies · 7

TipaltiTipalti is an AI-powered finance automation platform that automates accounts payable, mass payments, procurement, and employee expenses for growing companies. The platform serves businesses seeking to streamline financial operations and reduce manual finance tasks.
SpendfloSpendflo builds Flo, an autonomous procurement workforce of AI agents that runs the intake-to-pay cycle — handling purchase requests, contract tracking, and invoice matching — while human teams approve only what needs them. Originally a SaaS spend management platform, it serves finance and procurement teams at businesses managing many vendors, contracts, and subscriptions.
OrderOrder.co is an AI-powered platform that automates procurement, accounts payable, and spend management for businesses. The platform streamlines the entire purchasing lifecycle from requisition to payment, offers real-time spend visibility, and provides working capital solutions through virtual cards.
DroppeDroppe operates an online store selling occupational safety and workwear products—such as safety shoes, high-visibility clothing, protective gloves, respirator masks, and work trousers—from brands like New Balance and Nitras. The site serves buyers of workplace safety equipment and lists prices in euros with a German-language market interface.
VeridionVeridion builds a continuously updated data graph of global companies, tracking what businesses exist, what they do, and how they change over time. It provides company intelligence with traceable, sourced signals designed to integrate into customers' data stacks.
ProcolProcol builds autonomous AI agents that run enterprise procurement and finance workflows end-to-end, covering sourcing, supplier management, accounts payable, and spend analytics. It serves large enterprises with a multi-agent system that integrates with ERP and procurement systems under human policy oversight.
CoupaCoupa provides an AI-native platform for business spend management, covering procurement, finance, and supply chain operations for enterprises. The platform leverages data from over 10 million buyers and sellers globally to deliver intelligent insights and autonomous spend management capabilities.

Companies working in the same space as Keelvar.

In the news

Keelvar raises $24M to automate procurement in the supply chaintechcrunch.com · May 2022

Frequently asked questions

What does Keelvar do?
Keelvar is an AI-native advanced sourcing optimization platform that helps enterprises automate and optimize procurement processes by matching buyers and suppliers fairly using intelligent algorithms. The software serves multinationals and procurement teams managing large-scale B2B sourcing operations.
Who founded Keelvar?
Keelvar was founded by Alan Holland in 2012.
Who are Keelvar's investors?
Keelvar's investors include 83North, Act Venture Capital, ACT Venture Capital, Enterprise Equity, Mosaic Ventures, SquareOne, Celonis, Elephant Partners and 1 more.
Where is Keelvar headquartered?
Keelvar is headquartered in Cork, IE.