Keelvar logo — Autonomous Sourcing that is easy and powerful.

Keelvar

Autonomous Sourcing that is easy and powerful.

Founded 2012 Ireland Ireland 129 employees Series B Total: $42.75M

General Information

Company Name Keelvar
Founded Year 2012
Location Ireland Ireland +1
Founders / Decision Makers
Team member Team member
Employees 129
Funding Stage Series B
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About Keelvar

Keelvar, founded in 2012 and based in Ireland, is revolutionizing procurement with its AI-driven sourcing solutions. Positioning itself as "Autonomous Sourcing that is easy and powerful," Keelvar empowers procurement teams with intelligent tools to accelerate decision-making and achieve optimal results without extensive effort.

Its clientele includes industry giants such as Caterpillar, J&J, Siemens, Coca-Cola, and Carlsberg, underscoring the platform's robust capabilities across various sectors. With a significant $24.00M Series B investment in May 2022, Keelvar has drawn backing from prominent investors like Astia, Mosaic Ventures, 83North, SquareOne, and Elephant.

Keelvar's AI-native approach not only enhances procurement processes but also aligns with current trends emphasizing digital transformation and operational efficiency, making it a compelling opportunity for investors seeking innovation in supply chain management.

Taxonomy: Autonomous Sourcing, AI-Native Sourcing Solution, Procurement Optimization, Sourcing Automation, Strategic Sourcing, eAuctions, eSourcing, RFX Solutions, Supplier Management, Game Theory in Procurement, Sourcing Optimisation, Intelligent Reasoning in Procurement, Operational Improvements, Enterprise Sourcing Solutions, Large Scale Sourcing Deployments

Services & Products

Sourcing Optimization
Autonomous Sourcing
Rate Management
AI Integration

Target Customers

Procurement Teams Supply Chain Managers CPOs Manufacturing Sector Retail Sector Automotive Industry Food & Beverage Industry Pharmaceutical Industry Hi-Tech Industry

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 5
Investor Investor Investor Investor
•••• ••••
01 May 2022
Spinout •••••• 1 •••• •••• 01 Jan 2021
Series A •••••• 3
Investor Investor
•••• ••••
01 Jun 2020
Seed •••••• 3
Investor Investor
•••• ••••
01 Aug 2012

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FAQ About Keelvar

Autonomous Sourcing that is easy and powerful.
Keelvar was founded in 2012.
Keelvar is headquartered in Ireland.
Keelvar has approximately 129 employees.
Keelvar has completed 4 funding rounds, raising a total of $42.75M. The latest funding stage is Series B.
Keelvar offers: Sourcing Optimization, Autonomous Sourcing, Rate Management, AI Integration.
Top alternatives and competitors to Keelvar include Proctrix, Dragon Sourcing, Procurement Foundry, PRO-Q, KRC partners s.r.o.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Keelvar 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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