Keelvar Systems
Latest round
- Series B
Last raised
- May 2022
Total raised
- $43M
Investors
- 7
About Keelvar Systems
Keelvar Systems Ltd.Founded in 2012 in Cork, Ireland, Keelvar specializes in procurement software solutions.Keelvar specializes in strategic sourcing software solutions designed to enhance procurement processes across various industries. The company's core offerings include the Sourcing Optimizer, which streamlines spend optimization, and Autonomous Sourcing, which automates sourcing activities to improve efficiency. Their Rate Manager tool provides real-time management and monitoring of supplier rates, empowering users to make data-driven decisions. Keelvar’s products cater to businesses of all sizes, enabling them to handle large tenders, automate procurement tasks, and foster better supplier relationships.Keelvar generates revenue primarily through a subscription model for its sourcing software solutions. Clients engage in B2B transactions, where they pay for access to the platform and its various functionalities tailored to their specific sourcing needs. The pricing structure includes tiered subscription plans based on the features and scale of use, enabling companies to select packages that align with their operational requirements. Key products, such as the Sourcing Optimizer and Autonomous Sourcing, are central to the company's offerings, facilitating improvements in sourcing outcomes for their clientele.00 mn in May 2022, the company plans to utilize these funds to expand its business reach in the United States. This expansion is considered crucial for scaling its operations and enhancing its service offerings to meet the demands of the market.
Who invested in Keelvar Systems
7 investors across 3 rounds
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Questions about Keelvar Systems
Who invested in Keelvar Systems?
Keelvar Systems has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Keelvar Systems raised?
Keelvar Systems has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Keelvar Systems last raise money?
Keelvar Systems's most recent round on record is a Series B, in May 2022.
What does Keelvar Systems do?
Keelvar Systems is a software company.
Where is Keelvar Systems headquartered?
Keelvar Systems is headquartered in Cork, Ireland.
Which VCs invest in companies like Keelvar Systems?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Keelvar Systems's stage. Their profiles are linked below.
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