About Arkestro
Arkestro is a company based in San Francisco (United States) founded in 2017 by Robert Desantis. Arkestro has raised $78.05 million across 4 funding rounds from investors including Koch Disruptive Technologies, Aramco Ventures and Altira Group. Arkestro offers products and services including Predictive Procurement Platform, Professional Services, and Integrations. Arkestro operates in a competitive market with competitors including Coupa, Sage Group, Tipalti, Emburse and Airbase, among others.
- Headquarter San Francisco, United States
- Founders Robert Desantis
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Sectors
Government & Social SectorTechnology
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Phone
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Website
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Social
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- Legal Name Arkestro, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$78.05 M (USD)
in 4 rounds
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Latest Funding Round
$36 M (USD), Series A
May 14, 2025
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Investors
Koch Disruptive Technologies
& 14 more
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Employee Count
Not available
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Products & Services of Arkestro
Arkestro offers a comprehensive portfolio of products and services, including Predictive Procurement Platform, Professional Services, and Integrations.
Uses AI to optimize procurement and achieve cost savings.
Supports implementation of procurement solutions for efficiency.
Enables seamless connections for enhanced procurement workflows.
People of Arkestro
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Funding Insights of Arkestro
Arkestro has successfully raised a total of $78.05M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $36 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Arkestro
Arkestro has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Koch Disruptive Technologies, Aramco Ventures and Altira Group.
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Early-stage startups are targeted for investment by Aramco Ventures.
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Growth stage energy sector focused VC firm investing primarily in the US and Canada
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Venture capital investments are offered to startups by NEA.
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Investor details for Arkestro
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Investments & Acquisitions by Arkestro
Investment portfolio details for Arkestro
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Financial Statements - Arkestro
Detailed financials for Arkestro
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Arkestro Comparisons
Peer comparison for Arkestro
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Competitors of Arkestro
Arkestro operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Coupa, Sage Group, Tipalti, Emburse and Airbase, among others.
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Cloud-based end-to-end spend management software is delivered for businesses.
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Cloud-based accounting and payroll solutions for small and medium businesses
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Cloud-based procurement and invoice management solutions are offered to businesses.
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Corporate cards and expense management are offered to businesses.
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Procure-to-pay management software is offered for business operations.
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Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
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Detailed competitors of Arkestro
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Latest news on Arkestro
Complete news archive for Arkestro
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Frequently Asked Questions about Arkestro
Arkestro was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Arkestro is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Robert Desantis is the current CEO of Arkestro. They have also founded this company.
Arkestro is a funded company, having raised a total of $78.05M across 4 funding rounds to date.
Arkestro was founded in 2017 in San Francisco, United States, as a provider of software in the procurement sector. Web-based tools are offered to handle processes such as strategic sourcing, compliance automation, purchase requests, and supplier management. Operations focus on streamlining procurement workflows for organizations, with services delivered through an online platform accessible from various locations.
Arkestro's top competitors include Coupa, Sage Group and Airbase.
Arkestro offers Predictive Procurement Platform, Professional Services, and Integrations.
Arkestro has 15 investors. Key investors include Koch Disruptive Technologies, Aramco Ventures, Altira Group, NEA, and Activant Capital.