Arkestro
arkestro.com
What it is
Arkestro is a web-based predictive procurement platform for enterprise teams. It analyzes purchasing data with machine learning to recommend prices for sourcing events before suppliers respond. The platform combines behavioral science, game theory, data science, and automation to support pricing, supplier selection, negotiations, and workflow management. Teams can use competitive bidding and dynamic feedback, then manage the award process. Predictive Insights monitors supplier, commodity, and market data to identify risks and opportunities and recommend next steps. Arkestro can sync with ERP or P2P systems, using supplier, item, and historical purchase data and returning event awards to the relevant system; its Professional Services team can guide integration. The maker presents use cases in industries including automotive, manufacturing, oil and gas, construction, financial services, and food and beverage. Arkestro says it uses AWS hosting, AES encryption at rest, and HTTPS and TLS 1.2 in transit. It states that its information security management system is ISO 27001:2022 certified and that it passes SOC 2 Type II audits without exceptions. Pricing is on request.
Spec sheet
- 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.Read 4 Oct 2026 · arkestro.com
- Product
- Arkestro describes its product as a Predictive Procurement Platform for enterprise procurement.Read 4 Oct 2026 · arkestro.com
- 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.Read 4 Oct 2026 · arkestro.com
- Security
- Arkestro says it uses AWS hosting, AES encryption at rest, HTTPS and TLS 1.2 in transit, annual penetration tests, and vulnerability scanning.Read 4 Oct 2026 · arkestro.com
- 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.Read 4 Oct 2026 · arkestro.com
- Headquarters
- Arkestro, Inc. lists its address as 60 29th St. #148, San Francisco, California 94110.Read 4 Oct 2026 · arkestro.com
- Founded
- Arkestro says it was founded in 2017.Read 4 Oct 2026 · arkestro.com
- 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.Read 4 Oct 2026 · arkestro.com
- Company history
- Arkestro says it was founded in 2017, initially under the name Bid Ops.Read 4 Oct 2026 · arkestro.com
- Encryption
- Arkestro says data is encrypted at rest with AES and in transit using HTTPS and TLS 1.2.Read 4 Oct 2026 · arkestro.com
- How it works
- The platform combines behavioral science, game theory, data science, and automation to support procurement and supplier negotiations.Read 4 Oct 2026 · arkestro.com
- Insights
- Its Predictive Insights page says the platform monitors supplier, commodity, and market data to identify risks and opportunities and provide recommended next steps.Read 4 Oct 2026 · arkestro.com
- Integration services
- Arkestro says its Professional Services team can guide customers through the integration process.Read 4 Oct 2026 · arkestro.com
- Negotiation science
- Arkestro says its negotiation science provides fact-based strategies for securing better pricing and terms.Read 4 Oct 2026 · arkestro.com
- 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.Read 4 Oct 2026 · arkestro.com
- Process science
- Arkestro says its process science automates workflows to accelerate procurement cycles.Read 4 Oct 2026 · arkestro.com
- Security assessments
- Arkestro says it conducts annual penetration tests and regular vulnerability scanning.Read 4 Oct 2026 · arkestro.com
- Security documentation
- Arkestro says its full Information Security Management System documentation is available upon request.Read 4 Oct 2026 · arkestro.com
- Security hosting
- Arkestro says it uses cloud-native hosting services provided by AWS.Read 4 Oct 2026 · arkestro.com
- Suggested pricing
- Arkestro uses machine learning to analyze purchasing data and recommend suggested prices for sourcing events.Read 4 Oct 2026 · arkestro.com
- Supplier negotiations
- The platform supports competitive bidding, dynamic feedback, and the final awarding process.Read 4 Oct 2026 · arkestro.com
- Supplier science
- Arkestro says its supplier science uses AI for supplier selection and engagement.Read 4 Oct 2026 · arkestro.com
- Support and contact
- Arkestro offers a contact form and a chat link for inquiries.Read 4 Oct 2026 · arkestro.com
- Target customers
- Arkestro presents use cases for enterprise procurement teams across manufacturing, oil and gas, construction, financial services, and food and beverage.Read 4 Oct 2026 · arkestro.com
- 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.Read 4 Oct 2026 · arkestro.com
Strong points and limits
Strong points
- Recommends sourcing prices from purchasing data.
- Supports competitive bidding, feedback, and awards.
- Monitors supplier, commodity, and market data.
- Can sync with ERP or P2P systems.
- Lists ISO 27001:2022 certification and SOC 2 Type II audits.
Limits
- Software pricing is available on request.
- Platform is listed for web.
- Integration guidance is through Professional Services.
Who it suits
Arkestro is aimed at enterprise procurement teams, including those in manufacturing, oil and gas, construction, financial services, and food and beverage. It may suit teams seeking data-informed sourcing, supplier negotiation, and procurement workflow support.
Verdict
Arkestro brings suggested pricing, supplier negotiations, and procurement workflow automation into a web platform for enterprise teams. Prospective customers need to request pricing and discuss their integration requirements with the company.
Where Specifiction places it
- Strategic Sourcing Software#7 of 217.7
- Sourcing Software#8 of 237.7