Suplari
Latest round
- Series A
Last raised
- Sep 2019
Total raised
- $18M
Investors
- 5
About Suplari
Suplari, Inc.Founded in 2016 and headquartered in Seattle, US, Suplari, Inc. specializes in procurement analytics. The founder and CEO, Nikesh Parekh, has a history of leading innovative technology initiatives prior to launching Suplari.Suplari offers an advanced AI-powered procurement analytics platform that streamlines procurement processes and enhances decision-making for organizations. Its core product allows users to perform detailed what-if analyses, formulate strategic procurement plans, and manage collaborative procurement activities. The solution addresses key needs such as forecasting supplier shortages, optimizing production schedules, and managing costs through real-time benchmarking of performance indicators.Suplari operates on a subscription-based revenue model, granting large enterprise clients access to its AI-driven analytics platform. Typically, procurement departments subscribe to the platform to obtain insights that align with their corporate objectives. Clients choose from various pricing tiers based on the analytics and support they require, focusing on real-time decision-making for procurement activities which helps them handle complex market conditions effectively and gauge associated risks.Following its acquisition by Microsoft in July 2021, Suplari aims to leverage Microsoft’s resources to enhance and expand its platform capabilities. The company is focused on designing new features and products that will be launched in the near future, although specific release dates have not been disclosed.
Who invested in Suplari
5 investors across 3 rounds
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Questions about Suplari
Who invested in Suplari?
Suplari has 5 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 Suplari raised?
Suplari has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Suplari last raise money?
Suplari's most recent round on record is a Series A, in Sep 2019.
What does Suplari do?
Suplari is a software company.
Where is Suplari headquartered?
Suplari is headquartered in Seattle, US.
Which VCs invest in companies like Suplari?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Suplari's stage. Their profiles are linked below.
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