Keelvar

Software : Supply Chain : Sourcing

Website | Blog

Cork, Ireland

VC-B; 83 North

Keelvar is the ideal software solution for enterprise level clients looking to take the complexity out of supplier sourcing. You need solutions built to meet the challenges. Keelvar boosts cost savings, efficiency, and digitalization with easy-to-use sourcing optimization and intelligent automation. From annual, strategic spends to high-frequency spot buys, and everything in between.

Assembly Line

Computer whizz making sense of supply chain puzzles

Date:

Author: Ian Curran

Organizations: Keelvar

Keelvar’s artificial intelligence-driven software products — oversimplifying it greatly — help businesses gain “richer information” from their suppliers, Holland says, so they can avoid waste, cut down on costs and make often opaque auction processes more efficient. “You can then start to piece together multiple suppliers” like “a big complex jigsaw puzzle,” he says, matching buyers with a supplier or multiple suppliers as an insurance policy against mishaps.

It is this puzzle that Holland has been piecing together since he was a teenager. Starting his career in a dairy company in west Cork, Holland’s father “went out on his own”, he says, setting up a small family chemicals company. “While we were in school, he set up that company so we kind of witnessed company formation, start-up days in the 1980s, an era where there was no such thing as venture capital,” he says.

Read more at Irish Times

Keelvar Raises $24M to Usher in Next Generation of Intelligent Sourcing Technology

Date:

Topics: funding event

Organizations: Keelvar

Keelvar, a global pioneer of intelligent sourcing and automation solutions, today announced it has raised $24 million in Series B funding to simplify and radically improve procurement, the world’s most inefficient trillion-dollar marketplace. Keelvar’s sourcing technology - which leverages AI, data science and smart sourcing bots that run on autopilot - empowers customers to make crucial supply chain decisions quickly and confidently amidst ongoing change and disruption.

Read more at Businesswire

Keelvar, the Industry Leading Sourcing Software Provider, Raises $18 million in Series A Funding

Date:

Topics: funding event

Organizations: Keelvar

Cork-based Keelvar, an industry-leading strategic sourcing software company, has announced that it has raised $18 million in Series A funding led by Elephant and Mosaic Ventures with participation from Paua Ventures. The investment will support Keelvar’s expansion plans for Europe and the US, amid the rapidly-growing need for supply chain automation solutions, which has been further accelerated by the recent COVID-19 pandemic.

Read more at Keelvar Blog