Keelvar Tech - About the company
Keelvar Tech is a series B company based in Ireland, founded in 2012 by Alan Holland. It operates as a Provider of AI-native software for strategic sourcing and procurement processes. Keelvar Tech has raised $43M in funding from investors like Act Venture Capital, Mosaic Ventures and 83NORTH. The company has 159 active competitors, including 22 funded and 17 that have exited. Its top competitors include companies like Zaggle, Globality and Scoutbee.
Company Details
Provider of AI-native software for strategic sourcing and procurement processes. The software offers autonomous sourcing, sourcing optimization, and rate management. It helps procurement teams make decisions and achieve outcomes. The platform supports various industries and spend categories. It also facilitates digitalization, sustainability, and governance initiatives.
- Website
- www.keelvar.com/
- Social
Key Metrics
Founded Year
2012
Location
Stage
Series B
Total Funding
$43M in 4 rounds
Latest Funding Round
Investors
Ranked
6th among 159 active competitors
Employee Count
120 as on Sep 30, 2026
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Keelvar Tech's funding and investors
Keelvar Tech has raised a total funding of $43M over 4 rounds. Its first funding round was on Aug 01, 2012. Its latest funding round was a Series B round on May 16, 2022 for $*****. 5 investors participated in its latest round. Keelvar Tech has 12 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Keelvar Tech:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 16, 2022 | 7991773 | Series B | 7460656 | 9882423 | 2116288 | 9144046 |
Jun 04, 2020 | 7790874 | Series A | 1552317 | 7726085 | 8959741 | |
Nov 08, 2012 | 6940094 | Seed | 6724030 | 1500634 |
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Keelvar Tech's founders and board of directors
Founder? Claim ProfileThe founders of Keelvar Tech is Alan Holland.
Here are the details of Keelvar Tech's key team members:
- Alan Holland: Founder & CEO of Keelvar Tech. Contact Info: 1 email address
View details of Keelvar Tech's Founder profiles and Board Members
Keelvar Tech's employee count trend
Keelvar Tech has 120 employees as of Sep 26. Here is Keelvar Tech's employee count trend over the years:
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Keelvar Tech's Competitors and alternates
Top competitors of Keelvar Tech include Zaggle, Globality and Scoutbee. Here is the list of Top 10 competitors of Keelvar Tech, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows | $13.7M | 80/100 | ||
2nd |  Globality 2015, Palo Alto (United States), Series E | Provider of AI-driven platform for sourcing and procurement process automation | $368M | 69/100 | |
3rd | Provider of software connecting procurement buyers with potential supply partners | $76M | 58/100 | ||
4th |  Fairmarkit 2017, Boston (United States), Series C | Provider of an AI platform for automating strategic sourcing processes | $78M | 58/100 | |
5th |  Tropic 2019, New York City (United States), Series B | Provider of cloud-based procurement management solutions | $67.1M | 57/100 | |
6th |  Keelvar Tech 2012, Ireland, Series B | Provider of AI-native software for strategic sourcing and procurement processes | $43M | 57/100 | |
7th |  LevaData 2013, Sunnyvale (United States), Series C | Provider of AI and SaaS-based sourcing and procurement software | $64M | 49/100 | |
8th |  BiP Solutions 1984, Glasgow (United Kingdom), Unfunded | Provider of e-sourcing solutions for the supply chain industry | - | - | 48/100 |
9th | supplier.io 2011, Westchester (United States), Seed | Provider of web-based supply chain sourcing solutions for businesses | - | 47/100 | |
10th | Scout RFP 2013, San Francisco (United States), Acquired | Cloud-based sourcing platform | $60.9M | 47/100 |
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Keelvar Tech's Investments and acquisitions
Keelvar Tech has made no investments or acquisitions yet.
Reports related to Keelvar Tech
Here is the latest report on Keelvar Tech's sector:
News related to Keelvar Tech
Filter this listMedia has covered Keelvar Tech for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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Keelvar Launches Kai: AI Orchestrator for Autonomous Sourcing AutomationAiThority•Nov 12, 2025•Keelvar Tech
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Keelvar Launches Rate Manager, Turning a Tedious Process into a Competitive AdvantageBusiness Wire•Mar 31, 2025•Keelvar Tech
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Keelvar Integrates with DAT to Enhance Freight Procurement with Real-Time Market DataBusiness Wire•Nov 11, 2024•Keelvar Tech, DAT Solutions
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Keelvar Partners with TealBook to Fuel Intelligent Procurement for Boosted ResilienceBusiness Wire•Dec 13, 2022•Keelvar Tech, Tealbook
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Cork-based Keelvar raises €23m in Series B funding roundThe Irish Times•May 16, 2022•Keelvar Tech, Elephant Venture Capital, Mosaic Ventures, Paua Ventures and 1 other
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Technology Entrepreneur and Leader David Clarke Joins Keelvar as Board Chair and InvestorBusiness Wire•Mar 24, 2021•Keelvar Tech, Workday
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Keelvar Launches Intelligent Sourcing Bot for Air Freight ProcurementBusiness Wire•Jan 26, 2021•Keelvar Tech
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Irish startup Keelvar snags $18 million for AI-driven supply chain automation softwareTech.eu•Jun 04, 2020•Keelvar Tech, Mosaic Ventures, Elephant Venture Capital, Paua Ventures and 1 other
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