About Suplari
Suplari is a company based in Seattle (United States) founded in 2016 was acquired by Microsoft in July 2021.. Suplari has raised $13.4 million across 4 funding rounds from investors including Workday, Microsoft and Amplify Partners. The company has 53 employees as of December 31, 2022. Suplari offers products and services including Spend Intelligence Cloud, Suplari Agile Contracts, Supplier Diversity Insights, Suplari Connect, and Suplari Agile Performance Management. Suplari operates in a competitive market with competitors including FreightWaves, Chronicled, LogComex, SAP Ariba and Alloy, among others.
- Headquarter Seattle, United States
- Employees 53 as on 31 Dec, 2022
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Sectors
Transportation, Automotive & LogisticsTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Suplari Inc.
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Products & Services of Suplari
Suplari offers a comprehensive portfolio of products and services, including Spend Intelligence Cloud, Suplari Agile Contracts, Supplier Diversity Insights, Suplari Connect, and Suplari Agile Performance Management. 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.
Platform for analyzing procurement spend data and identifying cost savings.
Tool for optimizing and managing supplier contracts efficiently.
System for tracking and enhancing supplier diversity programs.
Platform for real-time team collaboration on procurement tasks.
Solution for monitoring and improving procurement performance metrics.
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Funding Insights of Suplari
Suplari has successfully raised a total of $13.4M across 4 strategic funding rounds. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(03 Feb 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2019 | Amount | Series A - Suplari | Valuation | Amplify Partners , Madrona Venture Group |
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| Jul, 2019 | Amount | Debt – Conventional - Suplari | Valuation |
investors |
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| Apr, 2018 | Amount | Series A - Suplari | Valuation | Shasta Ventures |
| 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 |
investors |
Investors in Suplari
Suplari has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Workday, Microsoft and Amplify Partners. 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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Technical founders are supported through early-stage venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond.
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Founded Year | Domain | Location | |
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Early-stage investments in tech sectors are managed by the firm.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Suplari
| 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 - Suplari
| 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 |
investors |
Suplari Comparisons
Competitors of Suplari
Suplari 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 FreightWaves, Chronicled, LogComex, SAP Ariba and Alloy, 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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Online platform offering logistics-related news
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AI and blockchain are applied to supply chain authenticity solutions.
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Trade analytics are delivered through a SaaS platform for logistics.
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| domain | founded_year | HQ Location |
E-procurement, invoicing, and B2B collaboration software is offered for businesses.
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| domain | founded_year | HQ Location |
Identity decisioning platform is provided for banks and fintech firms.
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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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Suplari
Frequently Asked Questions about Suplari
When was Suplari founded?
Suplari was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Suplari located?
Suplari is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is Suplari a funded company?
Suplari is a funded company, having raised a total of $13.4M across 4 funding rounds to date. The company's 1st funding round was a Series A of $10.3M, raised on Feb 03, 2017.
How many employees does Suplari have?
As of Dec 31, 2022, the latest employee count at Suplari is 53.
What does Suplari do?
Founded in 2016 and based in Seattle, United States, Suplari operates in the AI-driven data analysis sector for enterprises. Data from sources such as purchase orders and invoices is integrated to deliver a real-time view of unified supplier information. Insights are provided to address procurement costs, supplier risks, and regulatory compliance. Analytics services are also extended to clients by a dedicated team of data scientists.
Who are the top competitors of Suplari?
Suplari's top competitors include Alloy, FreightWaves and Chronicled.
What products or services does Suplari offer?
Suplari offers Spend Intelligence Cloud, Suplari Agile Contracts, Supplier Diversity Insights, Suplari Connect, and Suplari Agile Performance Management.
Who are Suplari's investors?
Suplari has 7 investors. Key investors include Workday, Microsoft, Amplify Partners, Madrona, and Two Sigma Ventures.
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