What Archlet does

Archlet is a Zurich-headquartered B2B SaaS company that builds an AI-native eSourcing platform for enterprise and mid-market procurement teams. Founded in late 2019 by three ETH Zurich engineers (Lukas Wawrla, Jakob Manz, and Tim Grunow) trained in Robotics and Data Science, the company targets the strategic-sourcing workflow — RFIs, RFPs, RFQs, eAuctions, and category scenario modeling — with a unified platform offered through modular products including Sourcing, Sourcing Optimization, Auctions, Approvals & Workflows, Supplier Management, and Integrations. The platform is differentiated by Spark, an embedded agentic AI assistant composed of four specialized agents (Setup, Auction, Scenario, Summary) that autonomously generates questionnaires, recommends auction formats, builds sourcing scenarios from plain-language rules, and summarizes RFPs. Reported functional outcomes include 50% faster sourcing cycles and 1-10% cost savings, validated by named enterprise customers including PepsiCo, Walmart, TotalEnergies, FedEx, Bosch, OMV, Mohawk, Covestro, STADA, Coop, Takeda, and Gebr. Heinemann, and by third-party recognition including Gartner Cool Vendor, Spend Matters SolutionMap 2025, Hackett Group 2025-26 '50 to Watch', and six G2 Winter 2026 badges.

Under the hood, Archlet runs on Microsoft Azure ISO 27001-certified infrastructure with open APIs enabling bidirectional sync with ERP and P2P systems including SAP Ariba (flagship partnership), SAP HANA, Coupa, Oracle, and procurement-analytics tools such as Sievo, SpendHQ, and Cirtuo. Adjacent integrations include Xeneta for freight benchmarking, Ship Angel for freight execution, and EcoVadis for ESG scoring, extending the platform's utility into logistics and sustainability-sensitive sourcing decisions. The company maintains a dual go-to-market that combines direct enterprise field sales (driven by demo requests and sales-led outreach) with an emerging product-led self-serve motion for mid-market buyers, supplemented by channel co-selling via SAP Ariba and partner co-marketing. Pricing is quote-based SaaS subscription billed annually with multi-year discounts, tailored to users, categories managed, and contract length.

Commercially, Archlet has raised approximately $12.8 million in venture funding (a $2.8M seed in January 2021 and a $10M Series A led by HV Capital in September 2021) and employs 51-100 people across offices in Zurich, Philadelphia, Singapore, and Spain. The company states it is on a doubling revenue trajectory in 2025, has executed a 2025 rebrand to reflect its evolution from a sourcing-optimization engine to an end-to-end eSourcing platform, and is led by its three co-founders with a VP of Customer Success focused on agent-driven onboarding and a Tech Lead (Javier Garmón) overseeing engineering.

Name

Archlet

Legal name

Archlet AG

Website

https://archlet.io

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

Archlet is a Zurich-based B2B SaaS provider of an AI-native eSourcing platform that enables enterprise and mid-market procurement teams to run faster, more transparent strategic sourcing events and auctions using its embedded agentic AI assistant Spark.

Ownership category

akta.pro rank

Product category

Sourcing Software

NAICS

Software Publishers (513210)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Robotic Process Automation (RPA) & Hyperautomation Platforms (HDAEAKAF)

Keywords

• ESourcing software
• AI procurement platform
• Strategic sourcing
• RFx automation
• Auction management software

Headquarters

HQ city

Zürich

HQ country

Switzerland

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Subscription: Archlet operates as a SaaS subscription platform, charging customers recurring subscription fees for access to its AI-powered eSourcing platform. Pricing is quote-based and tailored to customer size, usage scope, and contract length.

Pricing tiers

Go-to-market motion4 records

Distribution channels3 records

Marketing channels5 records

Core offering

Archlet provides an AI-native SaaS eSourcing platform that enables enterprise and mid-market procurement teams to manage RFIs, RFPs, RFQs, and eAuctions in a unified environment. The platform combines advanced bid analytics, scenario optimization, real-time supplier collaboration, and an embedded AI agent (Spark) that autonomously handles event setup, questionnaire generation, supplier response analysis, and auction recommendations across the full strategic and tactical sourcing lifecycle.

Product overview

Archlet is an AI-native eSourcing SaaS platform offered as a unified platform with modular components. The core Archlet Platform provides end-to-end eSourcing capabilities including Sourcing (RFIs, RFPs, RFQs), Sourcing Optimization (bid analytics and scenario modeling), and Auctions (reverse auctions). The Spark AI module powers the platform with specialized agents for setup automation, auction optimization, scenario creation, and RFP summarization. Additional modules include Approvals and Workflows, Supplier Management, and Integrations (open APIs for ERP/P2P connectivity). The platform targets industries including Consumer Goods, Food & Beverage, Healthcare & Pharma, Retail & Distribution, Transport & Logistics, Manufacturing, Automotive, Oil & Gas, and Chemicals, serving categories such as Direct Materials, Indirect Materials, Logistics & Freight, Packaging, Capex & MRO, and Services.

Differentiator

Problem solved

Functional benefit

Products and services

• Archlet Platform AI-native eSourcing SaaS platform that enables procurement teams to manage complex strategic sourcing, tactical sourcing, RFIs, RFPs, RFQs, and reverse auctions. It offers bid analytics, scenario optimization, supplier management, approval workflows, and integration with ERP and P2P systems via open APIs.
• Spark AI Embedded AI agent within the Archlet platform comprising specialized agents (Setup Agent, Auction Agent, Scenario Agent, and Summary Agent) that autonomously handle event setup, questionnaire and bid sheet creation, auction format recommendation, scenario generation, and RFP summarization for procurement teams.

Quantifiable outcome

• 50% faster sourcing cycles
• +1 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability7 records

Feature4 records

Partnerships

One partnership is on record.

• SAP (SAP Ariba)flagshipTechnology or IntegrationIntegration with SAP Ariba enables Archlet to be embedded within the SAP procurement ecosystem, allowing joint customers to leverage Archlet's AI-powered sourcing capabilities within their existing SAP Ariba workflows. This is a flagship partnership for enterprise co-selling and ecosystem expansion.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• GEP: Provider of procurement and supply chain software (NEXE) plus managed services, targeting the same Fortune 500 procurement organizations as Archlet with broader functionality.
• Coupa: Large business spend management platform with integrated sourcing, procurement, and invoicing capabilities; Archlet integrates with Coupa but also competes for sourcing-specific spend at large enterprises.
• SAP Ariba: Market-leading procurement and sourcing platform embedded in the SAP ecosystem; Archlet's flagship integration partner but also the dominant incumbent whose native capabilities Archlet seeks to augment with AI.
• Workday Strategic Sourcing: Workday's native sourcing module, formerly Scout RFP, competes with Archlet for enterprise strategic sourcing events, particularly among Workday HCM/finance customers.

Direct peers

• Keelvar: AI-powered sourcing optimization platform competing head-to-head with Archlet in strategic eSourcing, bid analytics, and autonomous auction/scenario workflows for enterprise procurement teams.
• Ivalua: Procurement and sourcing platform with strong eSourcing, supplier management, and contract management capabilities, targeting the same large enterprise procurement organizations.
• Zycus: AI-powered procurement and sourcing suite (including Merlin AI) competing directly with Archlet across strategic sourcing, contract management, and supplier management use cases.
• Jaggaer: End-to-end procurement suite with strong eSourcing, supplier management, and category management capabilities, directly competing for the same enterprise RFP that Archlet targets.

Emerging players

• Cirtuo: AI-powered category strategy and procurement optimization platform with overlapping enterprise procurement buyers; an Archlet integration partner that also competes in adjacent procurement intelligence workflows.
• Sievo: Procurement analytics and spend intelligence platform that is a listed Archlet integration partner, serving overlapping enterprise procurement buyers with category-level analytics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds4 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Archlet