Suplari

Suplari

Suplari's cloud-based AI platform enables procurement and finance teams to find hidden cost savings and unidentified supplier risk by analyzing millions of enterprise data points and interactions across disparate enterprise systems including contracts, purchasing, product usage, accounts payable, travel and expense, and corporate card accounts. Suplari empowers enterprises to reduce costs, reduce fraud and risk, and increase compliance with policy and government regulation.On July 28th, 2021, Suplari was acquired by Microsoft. Terms of the transaction were not disclosed. Empower the future of procurement with AI-automated analytics & Insights, enabling greater team productivity and focus on critical strategic initiatives.

Total funding
~$19M
HQ 🇺🇸
Seattle, United States
Year founded
2016
Status
Acquired
People
Nikesh Parekh
Founder, Chief Executive Officer
Investors
Microsoft
Paycheck Protection Program
Madrona Venture Group
Shasta Ventures
Amplify Partners
Two Sigma Ventures
Workday Ventures
Categories
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