Strong Industry Presence Archlet serves prominent global enterprises such as PepsiCo, Walmart, Bosch, and TotalEnergies, demonstrating its credibility and effectiveness in high-volume procurement environments, which can be leveraged to target similar large-scale organizations.
Innovative Technology Adoption With its AI-powered sourcing platform integrated with Microsoft Azure and Microsoft 365, Archlet positions itself as a tech-forward solution provider, appealing to clients seeking innovative procurement tools that enhance data analysis and decision-making.
Recent Funding Growth Having successfully raised $10 million in Series A funding led by HV Capital, Archlet is poised for expansion and product development, presenting opportunities to partner with companies innovating in procurement technology.
Market Expansion Opportunities Archlet's recent launch of its sourcing optimization app on SAP® Store indicates a strategic move to broaden its market reach within the enterprise resource planning ecosystem, opening avenues to collaborate with SAP users.
Award-Winning Innovation Recognized as one of the most innovative procurement startups in 2021 and awarded for procurement technology excellence, Archlet’s reputation can facilitate outreach to organizations seeking state-of-the-art sourcing solutions.