Arkestro

San Francisco, California, USA · ≈140 employees · arkestro.com

Arkestro is a San Francisco-based technology company that specializes in Predictive Procurement Orchestration (PPO). Founded in 2017, originally as Bid Ops, Arkestro provides a cloud-based automated negotiation platform that utilizes artificial intelligence, machine learning, and game theory to enhance enterprise spend management. The company serves large global enterprises across various sectors, including high-tech manufacturing, pharmaceuticals, and automotive, helping them optimize procurement processes and improve supply chain efficiency. The core offering of Arkestro is its PPO platform, which automates the procurement lifecycle through features like AI-powered bid management, predictive spend analytics, and advanced science integration. This platform enables organizations to streamline quote collection, enhance supplier collaboration, and identify cost-saving opportunities. Arkestro aims to transform procurement from a reactive process into a proactive, data-driven function, allowing teams to manage more spend efficiently without increasing headcount. With significant funding and a focus on innovation, Arkestro is positioned as a leader in the procurement technology space.