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.
- Website
- suplari.com
- 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
Investors
Ranked
1st among 33 active competitors
Employee Count
27 as on Jul 31, 2026
Exit Details
Acquired
Legal entities associated with Suplari
Suplari is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SUPLARI INC. CIN: 814606354 , United States, Active | Dec 26, 999 | - | 53 (As on Dec 31, 2020) | - |
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:
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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 |
View details of Suplari's funding rounds and investors
Suplari's founders and board of directors
Founder? Claim ProfileThe founders of Suplari is Nikesh Parekh.
Here are the details of Suplari's key team members:
- Nikesh Parekh: Co-Founder & CEO of Suplari. Contact Info: 1 email address
View details of Suplari's Founder profiles and Board Members
Suplari's employee count trend
Suplari has 27 employees as of Jul 26. Here is Suplari's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Suplari 2016, Seattle (United States), Acquired | Developer of software for spend analysis and procurement intelligence automation | $13.4M | 68/100 | |
2nd | Simfoni 2007, Bedminster (United States), Series B | AI-based spend analysis and management solution for businesses | $26M | 55/100 | |
3rd | Provider of AI-powered data transformation and spend analytics for procurement | $5M | 51/100 | ||
4th | SpendHQ 2008, Atlanta (United States), Funding Raised | Provider of spend analytics and procurement solutions for enterprise transformation | - | 49/100 | |
5th | Deducta 2024, London (United Kingdom), Unfunded | Cloud-based spend analysis platform for SCM | - | - | 35/100 |
6th | Valstream 2016, Theale (United Kingdom), Seed | Developer of repair management software optimizing data, decisions, and operations | $2.89M | 34/100 | |
7th | ![]() LJM Group 1998, Farmingdale (United States), Public | Provider of parcel spend management, intelligence platform, and shipping advisory | - | - | 25/100 |
8th | Proc-i 2017, London (United Kingdom), Unfunded | Procurement spend analysis and the supply chain tool | - | - | 24/100 |
9th | Spend Radar 2009, Chicago (United States), Unfunded | Spend analytics solution | - | - | 24/100 |
10th | PnPlist 2020, Unfunded | Provider of an AI & web-enabled procurement analytics tool | - | - | 24/100 |
Looking for more details on Suplari's competitors? Click here to see the top ones
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
Media has covered Suplari for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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Suplari Launches Data Assistant, an AI Agent for Automated Procurement Data ManagementMarTech Series•Aug 20, 2026•Suplari
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