Ireland · Information technology & services startup
Ireland · Keelvar
Keelvar is a global technology company that specializes in AI-powered strategic sourcing optimization and autonomous sourcing automation.
Funding reportedLast round: Series B
About Keelvar
Keelvar is a global technology company that specializes in AI-powered strategic sourcing optimization and autonomous sourcing automation.
Founded in 2012 as a spin-out from University College Cork's 4C Artificial Intelligence research laboratory, Keelvar has quickly become a leader in enterprise procurement software. The company is headquartered in Cork, Ireland, with additional offices in Dublin, Dallas, Pittsburgh, London, and Berlin. Keelvar offers a suite of SaaS-based products that include the Keelvar Sourcing Optimizer and Intelligent Sourcing Automation. These tools leverage proprietary AI algorithms to analyze procurement data, optimize sourcing decisions, and automate tactical buying processes. Keelvar serves a diverse range of blue-chip multinational corporations across various industries, managing over $100 billion in annual spend. The company's mission is to enhance procurement efficiency, reduce costs, and facilitate access to tender markets for smaller companies.
What company datasets say Keelvar raised
Funding, as reported
Founders and team
From Keelvar's own website: 1 founder, 7 on the team.
On 2 portfolio pages
Investors who name them
Each firm lists Keelvar on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.
The company, in detail
What they build
Known for
ai-powered sourcingai-powered bid analysisai for procurement risk managementai in sourcingcapacity managementstrategic partnershipsdigital procurementai-firstai sourcing toolsai for procurement benchmarkingreal-time datadistributioninventory managementmanufacturingai-driven procurementai sourcing integration
Built with from their website
GitHub ActionsDockerGoogle Tag ManagerAmazon CloudFrontAutomic AutomationdbtAtlassianPostmarkGoogle AdsGoogle Workspace
+8 more
CloudFlareViewport MetaCopilotHubspotPostgreSQLAWS AnalyticsWebflow HostingApple Business Manager
- Sector
- Information technology & services
- Industry code
- NAICS 54161, 513210, SIC 7375, 7372
- Region
- Cork
- Revenue
- 11.1M a year, as listed
- Full record
- Every detail in the company directory
Information technology & services in Ireland
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