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Archlet logo — The intelligent e-Sourcing platform for strategic procuremen...

Archlet

The intelligent e-Sourcing platform for strategic procurement teams.

Founded 2019 Switzerland Zurich, Switzerland 32 employees Series A Total: $12.80M AI, SaaS

General Information

Company Name Archlet
Founded Year 2019
Location Switzerland Zurich, Switzerland +1
Employees 32
Industries AI, SaaS
Funding Stage Series A
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About Archlet

Archlet is an intuitive e-Sourcing platform that simplifies how Procurement teams collect, store, and analyze their data. Strategic sourcing managers harness Archlet’s automated bid analytics and scenario optimization to reveal immediate insights, maximizing negotiation power and creating headspace for more strategic work. Global enterprises like PepsiCo or TotalEnergies rely on Archlet to erase inefficiencies from their sourcing process and make better decisions faster. Founded in 2019 and headquartered in Switzerland, Archlet recently secured a $10.00M Series A investment on 30 September 2021. The investment was led by HV Capital, Senovo, Wingman Ventures, SICTIC, La Famiglia, and Matthias Hilpert. Learn more at archlet.io.

Taxonomy: e-Sourcing platform, strategic procurement, automated bid analytics, scenario optimization, global enterprises, strategic sourcing, procurement, negotiation power, software products, efficiency optimization, strategic decision-making

Services & Products

AI-powered e-Sourcing Platform
Bid Analytics
Scenario Optimization

Target Customers

Procurement Teams Strategic Sourcing Professionals Supplier Management Teams

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 6
Investor Investor Investor
•••• •••• 		30 Sep 2021
Seed Round •••••• 4
Investor Investor
•••• •••• 		20 Jan 2021
Non Equity Assistance •••••• 1
Investor
14 Oct 2020
Pre Seed Round •••••• 2
Investor
•••• •••• 		27 Feb 2020

Archlet Alternatives & Competitors

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FAQ About Archlet

The intelligent e-Sourcing platform for strategic procurement teams.
Archlet was founded in 2019.
Archlet is headquartered in Zurich, Switzerland.
Archlet operates in the following industries: AI, SaaS.
Archlet has approximately 32 employees.
Archlet has completed 4 funding rounds, raising a total of $12.80M. The latest funding stage is Series A.
Archlet offers: AI-powered e-Sourcing Platform, Bid Analytics, Scenario Optimization.
Top alternatives and competitors to Archlet include CombineNet, Terrace Services, Insight, Scoutbee, Bonfire Interactive, a Euna Solutions Brand. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Archlet and CombineNet 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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