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Tech riderRev. 20 Sept 2026

Arkestro

Ch 066.5of 24 Sourcing Software
  1. 1Runs onWeb
  2. 2CostsNot stated by the maker
  3. 3Supplier discoveryYes
  4. 4Sourcing eventsYes
  5. 5Reverse auctionsYes
  6. 6Bid comparisonYes
  7. 7Negotiation workflowsYes
  8. 8Supported event typesmulti event
7 lines stated Written from the maker's own pages: arkestro.com
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The Arkestro homepage

Overview

Arkestro is ranked #6 of 24 in sourcing software on Specifiction. It runs on Web.

Compared on sourcing software

Supplier discovery
Yesarkestro.com
Sourcing events
Yesarkestro.com
Reverse auctions
Yesarkestro.com
Bid comparison
Yesarkestro.com
Negotiation workflows
Yesarkestro.com
Supported event types
multi_eventarkestro.com

Facts

Product
Arkestro describes its product as a Predictive Procurement Platform for enterprise procurement.arkestro.com · 4 Oct 2026
How it works
The platform combines behavioral science, game theory, data science, and automation to support procurement and supplier negotiations.arkestro.com · 4 Oct 2026
Suggested pricing
Arkestro uses machine learning to analyze purchasing data and recommend suggested prices for sourcing events.arkestro.com · 4 Oct 2026
Supplier negotiations
The platform supports competitive bidding, dynamic feedback, and the final awarding process.arkestro.com · 4 Oct 2026
Target customers
Arkestro presents use cases for enterprise procurement teams across manufacturing, oil and gas, construction, financial services, and food and beverage.arkestro.com · 4 Oct 2026
Pricing availability
The maker's site directs prospective customers to contact Arkestro or request a demo; it does not state a software price on those pages.arkestro.com · 4 Oct 2026
Security hosting
Arkestro says it uses cloud-native hosting services provided by AWS.arkestro.com · 4 Oct 2026
Encryption
Arkestro says data is encrypted at rest with AES and in transit using HTTPS and TLS 1.2.arkestro.com · 4 Oct 2026
Certifications
Arkestro states that its information security management system is ISO 27001:2022 certified and that it passes SOC 2 Type II audits without exceptions.arkestro.com · 4 Oct 2026
Security assessments
Arkestro says it conducts annual penetration tests and regular vulnerability scanning.arkestro.com · 4 Oct 2026
Security documentation
Arkestro says its full Information Security Management System documentation is available upon request.arkestro.com · 4 Oct 2026
Support and contact
Arkestro offers a contact form and a chat link for inquiries.arkestro.com · 4 Oct 2026
Company history
Arkestro says it was founded in 2017, initially under the name Bid Ops.arkestro.com · 4 Oct 2026
What it does
The platform uses AI to help procurement teams set prices before suppliers respond, improve savings, speed negotiation cycles, and influence more spend.arkestro.com · 4 Oct 2026
Negotiation science
Arkestro says its negotiation science provides fact-based strategies for securing better pricing and terms.arkestro.com · 4 Oct 2026
Supplier science
Arkestro says its supplier science uses AI for supplier selection and engagement.arkestro.com · 4 Oct 2026
Process science
Arkestro says its process science automates workflows to accelerate procurement cycles.arkestro.com · 4 Oct 2026
Insights
Its Predictive Insights page says the platform monitors supplier, commodity, and market data to identify risks and opportunities and provide recommended next steps.arkestro.com · 4 Oct 2026
Integrations
Arkestro says it syncs with ERP or P2P systems, using supplier, item, and historical purchase data and sending event awards back to the appropriate system.arkestro.com · 4 Oct 2026
Integration services
Arkestro says its Professional Services team can guide customers through the integration process.arkestro.com · 4 Oct 2026
Security
Arkestro says it uses AWS hosting, AES encryption at rest, HTTPS and TLS 1.2 in transit, annual penetration tests, and vulnerability scanning.arkestro.com · 4 Oct 2026
Compliance
Arkestro states that its information security management system is ISO 27001:2022 certified and that it passes SOC 2 Type II audits without exceptions.arkestro.com · 4 Oct 2026
Who it is for
Arkestro presents the platform as built for enterprise procurement and lists automotive, oil and gas, high-tech manufacturing, manufacturing, construction, financial services, and food and beverage industries.arkestro.com · 4 Oct 2026

Company

Headquarters
San Francisco, California, United Statesarkestro.com · 28 Sept 2026
Founded
Arkestro says it was founded in 2017.arkestro.com · 4 Oct 2026

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Where it ranks on Specifiction

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Sources