About Iasta
Iasta is a company based in Carmel (United States) founded in 2000 was acquired by Determine in June 2014.. Iasta offers products and services including Advanced Software Solutions, Integrated Managed Services, Embedded Strategic Advisors, and Intelligent Applications. Iasta operates in a competitive market with competitors including Globality, Scoutbee, Fairmarkit, Scout RFP and Bonfire Interactive, among others.
- Headquarter Carmel, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Corcentric, Inc.
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Products & Services of Iasta
Iasta offers a comprehensive portfolio of products and services, including Advanced Software Solutions, Integrated Managed Services, Embedded Strategic Advisors, and Intelligent Applications. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates procurement and financial processes for efficiency
Handles AP and AR to optimize business operations
Guides optimization of sourcing and payments processes
Uses AI for touchless processing and data analysis
Funding Insights of Iasta
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Iasta
Iasta has secured backing from 1 investor. Prominent investors backing the company include Determine. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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SaaS solutions for procurement, contracts, and supplier management are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Iasta
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Iasta
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Iasta Comparisons
Competitors of Iasta
Iasta 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 Globality, Scoutbee, Fairmarkit, Scout RFP and Bonfire Interactive, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
An AI-based platform for global sourcing and outsourcing is offered.
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Multi-category products are listed on an AI-driven B2B platform.
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Cloud-based tail spend management is delivered for business procurement.
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| domain | founded_year | HQ Location |
Cloud-based platform for automating RFPs and supplier bidding is offered.
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Supplier sourcing is facilitated via RFx tool for procurement evaluations.
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Web-based supply chain sourcing solutions are provided to businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Iasta
Frequently Asked Questions about Iasta
When was Iasta founded?
Iasta was founded in 2000.
Where is Iasta located?
Iasta is headquartered in Carmel, United States. It is registered at Carmel, California, United States.
What does Iasta do?
Iasta is a strategic sourcing software and services company which was featured in top-5 Leaders position in Gartners 2013 Magic Quadrant for Strategic Sourcing Application Suites. Its features include strategic sourcing, business intelligence, spend analysis, supplier management, and contract management. Software products include : Iasta SmartAnalytics; Iasta SmartSource; Iasta Executive Analytics Suite. Notable customers at the time of acquisition are AOL, Bombardier, Brunswick, Cushman Wakefield, Ciena, Foot Locker etc.
Who are the top competitors of Iasta?
Iasta's top competitors include Globality, Fairmarkit and Scoutbee.
What products or services does Iasta offer?
Iasta offers Advanced Software Solutions, Integrated Managed Services, Embedded Strategic Advisors, and Intelligent Applications.
Who are Iasta's investors?
Iasta has 1 investor. Key investors include Determine.