Keelvar is an AI-enabled Sourcing Automation & Optimization Software for enterprise procurement teams.
Keelvar unlocks value and win-win outcomes for forward-thinking procurement teams globally.
Keelvar was founded in 2012 by Alan Holland. The company is headquartered in Cork, Ireland.
Keelvar’s SaaS-based award-winning products utilize artificial intelligence, machine learning, and category expertise to deliver purpose-built solutions that are delivering results for blue-chip global companies and mid-sized enterprises.
Keelvar unlocks value and win-win outcomes with Sourcing Optimizer, which facilitates expressive bidding, early and accurate error detection in data collection and rich scenario analysis to assess trade-offs between cost and non-cost goals such as speed of supply, robustness of a supply chain, selective switching from incumbents.
Keelvar enables leading enterprises such as Coca-Cola, Nestle, Samsung and Tesco to identify reliable suppliers, control costs and make quick, effective and smart sourcing decisions that drive key business objectives, like ESG, product innovation, profitability and resilience.
Keelvar is backed by 83North, Elephant, Mosaic Ventures, Paua Ventures, Enterprise Equity, Enterprise Ireland, and others. The company raised $24M in Series B round on May 16, 2022. This brings Keelvar's total funding to $42.8M to date.