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Suplari - About the company

Suplari is an acquired company based in Seattle (United States), founded in 2016 by Nikesh Parekh. It operates as a Developer of software for spend analysis and procurement intelligence automation. Suplari has raised $13.4M in funding from investors like Amplify Partners, Madrona and Shasta Ventures. The company has 33 active competitors, including 3 funded and 2 that have exited. Its top competitors include companies like Simfoni, Robo Bai and SpendHQ.

Company Details

Developer of software for spend analysis and procurement intelligence automation. This platform integrates data from enterprise resource planning and procurement systems to provide visibility into spending, supplier performance, and contract compliance. It utilizes artificial intelligence to clean, classify, and enrich fragmented data, enabling the identification of cost savings and risk mitigation opportunities. The system tracks financial outcomes from the initial detection of opportunities through to execution and validation. Additional capabilities include automated workflows, custom agent creation, and tools for monitoring environmental, social, and governance exposure. The technology functions as a centralized hub for managing procurement data and executing strategic sourcing initiatives.
Social
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Email ID
*****@suplari.com
Phone Number
+1 **********
Registered Address
Seattle, Washington
Key Metrics
Founded Year
2016
Location
Seattle, United States
Stage
Acquired
Total Funding
$13.4M in 4 rounds
Latest Funding Round
Ranked
Employee Count
27 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired

Suplari's acquisition details

Suplari got acquired on Dec 12, 2023.
Click here to take a look at Suplari's acquisition in detail
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Suplari's funding and investors

Suplari has raised a total funding of $13.4M over 4 rounds. Its first funding round was on Feb 03, 2017. Its latest funding round was a Series A round on Sep 04, 2019 for $*****. 5 investors participated in its latest round. Suplari has 7 institutional investors.

Here is the list of recent funding rounds of Suplari:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 04, 2019
1362589
Series A
3049546
8185397
4398024
2694654
Jul 16, 2019
9398310
Conventional Debt
5641534
2170736
5170162
1276316
Apr 05, 2018
8003161
Series A
6148522
8318116
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Suplari's founders and board of directors

Founder? Claim Profile
The founders of Suplari is Nikesh Parekh.
Here are the details of Suplari's key team members:

Suplari's employee count trend

Suplari has 27 employees as of Jul 26. Here is Suplari's employee count trend over the years:
Employee count trend for Suplari
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Suplari's Competitors and alternates

Top competitors of Suplari include Simfoni, Robo Bai and SpendHQ. Here is the list of Top 10 competitors of Suplari, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Suplari
Suplari
2016, Seattle (United States), Acquired
Developer of software for spend analysis and procurement intelligence automation
$13.4M
68/100
2nd
Logo for Simfoni
Simfoni
2007, Bedminster (United States), Series B
AI-based spend analysis and management solution for businesses
$26M
55/100
3rd
Logo for Robo Bai
Robo Bai
2017, Belrose (Australia), Series A
Provider of AI-powered data transformation and spend analytics for procurement
$5M
51/100
4th
Logo for SpendHQ
SpendHQ
2008, Atlanta (United States), Funding Raised
Provider of spend analytics and procurement solutions for enterprise transformation
-
49/100
5th
Logo for Deducta
Deducta
2024, London (United Kingdom), Unfunded
Cloud-based spend analysis platform for SCM
-
-
35/100
6th
Logo for Valstream
Valstream
2016, Theale (United Kingdom), Seed
Developer of repair management software optimizing data, decisions, and operations
$2.89M
34/100
7th
Logo for LJM Group
LJM Group
1998, Farmingdale (United States), Public
Provider of parcel spend management, intelligence platform, and shipping advisory
-
-
25/100
8th
Logo for Proc-i
Proc-i
2017, London (United Kingdom), Unfunded
Procurement spend analysis and the supply chain tool
-
-
24/100
9th
Logo for Spend Radar
Spend Radar
2009, Chicago (United States), Unfunded
Spend analytics solution
-
-
24/100
10th
Logo for PnPlist
PnPlist
2020, Unfunded
Provider of an AI & web-enabled procurement analytics tool
-
-
24/100
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Suplari's Investments and acquisitions

Suplari has made no investments or acquisitions yet.

Reports related to Suplari

Here is the latest report on Suplari's sector:

News related to Suplari

lockFilter this list
Media has covered Suplari for a total of 2 events in the last 1 year, 2 of them have been about company updates.
JobCloud appoints new CPOAIM GroupApr 01, 2021Job Cloud, Suplari
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