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Alpas AI logo — Smart Sourcing in Procurement - where AI makes a Difference

Alpas AI

Smart Sourcing in Procurement - where AI makes a Difference

Founded 2020 Germany Berlin, Germany 35 employees Seed Total: $2.70M B2B, Big Data +2

General Information

Company Name Alpas AI
Founded Year 2020
Location Germany Berlin, Germany +1
Employees 35
Industries B2B, Big Data, Enterprise Software +1
Funding Stage Seed
Social

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About Alpas AI

Alpas AI, founded in 2020, is Germany's innovative entry into the realms of B2B, Big Data, and Enterprise Software. The company revolutionizes the procurement landscape with AI-driven sourcing intelligence as suggested by its slogan, "Smart Sourcing in Procurement - where AI makes a Difference." The solution enables procurement teams to identify suppliers up to 10 times faster, optimizing the search and benchmarking of technical components and services.

By automating cumbersome, data-heavy processes, Alpas promises to reduce the time and cost associated with sourcing. Its effectiveness was endorsed by investors through a Seed Round investment on 29 August 2023 with participation from Brose Ventures. This influx of capital underscores confidence in Alpas’s potential to disrupt traditional procurement methodologies.

Taxonomy: AI-powered sourcing, procurement intelligence, supplier identification, supplier benchmarking, cost reduction, automated workflows, modular process automation, big data analytics, machine learning in sourcing, enterprise software solutions, supply chain transparency, procurement software, data-intensive task automation, sourcing efficiency

Services & Products

AI-driven supplier search
Procurement cost reduction
Supplier performance and compliance analysis
Supply chain data monitoring
Sourcing automation

Target Customers

Manufacturing companies Procurement and sourcing managers Supply chain professionals Small and medium-sized enterprises (SMEs)

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 1 •••• •••• 29 Aug 2023
Pre Seed Round •••••• 1
Investor
01 Apr 2021

Alpas AI Alternatives & Competitors

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Also compare with: Alpas AI vs BuildHub Inc. BuildHub Inc. Alpas AI vs IUNGO - Boost your Supply Chain Synergy! IUNGO - Boost your Supply Chain Synergy! View all alternatives

FAQ About Alpas AI

Smart Sourcing in Procurement - where AI makes a Difference
Alpas AI was founded in 2020.
Alpas AI is headquartered in Berlin, Germany.
Alpas AI operates in the following industries: B2B, Big Data, Enterprise Software, Information Technology.
Alpas AI has approximately 35 employees.
Alpas AI has completed 2 funding rounds, raising a total of $2.70M. The latest funding stage is Seed.
Alpas AI offers: AI-driven supplier search, Procurement cost reduction, Supplier performance and compliance analysis, Supply chain data monitoring, Sourcing automation.
Top alternatives and competitors to Alpas AI include Proctrix, LightSource, Scoutbee, EDS International (Engineering, Design, Sourcing), BuildHub Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Alpas AI and Proctrix are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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