Keelvar Raises $24M in Series B Funding

Keelvar, Cork, IrelandGlobal provider of intelligent sourcing solutions and automation solutions, based in the United States, raised $24m in Series B funding.

Theround, which brings Keelvar’s total capital raised to $43m, was led by 83North with participation from Elephant, Mosaic PauaAlso, Bastian NomichacherCo-founder and coCEO of Celonis.

TheThe funds will be used by the company to increase its scale inThe United StatesExpand its business reach.

LedBy Alan HollandFounder and CEO KeelvarSaaS-based intelligent Sourcing and Automation platform that allows enterprises to use it. Coca-Cola, Nestle, Samsung TescoTo identify reliable suppliers, manage costs, and make smart sourcing choices that support key business objectives such as ESG, product innovation, profitability, and resilience. TheTechnology automates the tactical aspect of managing a source event. Artificial intelligence is used to evaluate different sourcing scenarios and guide customers in making the best decisions for their supply chains.



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