What Vesper does

Vesper B.V. is an Amsterdam-headquartered SaaS company that provides an AI-powered commodity intelligence platform for food and beverage procurement teams. The platform aggregates pricing and market data from verified market participants, exchanges, and industry sources to deliver proprietary benchmarks via the Vesper Price Index (VPI), AI-driven 30-day price forecasts with claimed 95%+ directional accuracy, and a generative-AI assistant called Commodity Copilot that answers natural-language market questions with sourced answers. The product suite spans spot, historical, forward, and futures prices; supply and demand tracking; trade flow analytics; recipe-based cost models; customizable dashboards; and a dairy marketplace for spot and forward contract execution. Distribution is multi-modal, combining a public web platform, iOS/Android mobile app, native Excel plugin, and a REST API integrated with major ERP systems (SAP, Oracle, Microsoft Dynamics). The company serves enterprise customers including Nestlé, Unilever, Cargill, Mars, Ferrero, Fonterra, FrieslandCampina, Lactalis, Danone, Aldi, and Tesco across dairy, chocolate, bakery, confectionery, infant nutrition, sports nutrition, retail, and vegetable oil segments globally, with stated coverage spanning Europe, North America, Asia Pacific, South America, and Oceania.

Vesper operates a hybrid go-to-market model combining product-led growth (7-day free trial without credit card, downloadable reports, calculators), sales-assisted enterprise motions (demo requests, custom contracts), community-led engagement (WhatsApp groups, The Dairy Cafe webinars, Strong Source podcast), and API-first distribution for embedding into customer workflows. Revenue is generated through enterprise SaaS subscriptions priced custom by commodity coverage, user count, and contract length, typically billed annually with multi-year options. The company has raised venture funding from Slimmer AI (2021) and a subsequent round led by Keen Venture Partners and Piton Capital (2023), and is led by co-founder and CEO Alexander Sterk alongside CTO Wouter van den Hoven and COO Wouter Lankhorst. Key data partnerships include Euronext for exchange-level price data integration into the VPI methodology.

Name

Vesper

Legal name

Vesper B.V.

Website

https://vespertool.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

101–250 employees

Short description

Vesper is an Amsterdam-based SaaS platform that provides AI-powered commodity price intelligence, forecasting, and procurement benchmarking for global FMCG and dairy companies. Its proprietary Vesper Price Index, AI forecasts, and Commodity Copilot serve procurement teams at 1,200+ food industry customers worldwide.

Ownership category

akta.pro rank

Product category

Commodity Intelligence Platform

NAICS

Software Publishers (513210)

SIC

Wholesale-Computers & Peripheral Equipment & Software (5045)

akta.pro primary industry

Real-Time Market Data Feeds & Terminals (FSAFAIAA)

Keywords

• Commodity intelligence platform
• Dairy price benchmarks
• FMCG procurement software
• AI price forecasting
• Agricultural market analytics

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Subscription: Subscription-based access to the Vesper platform providing commodity intelligence, price benchmarks, forecasts, and analysis tools. Pricing scales with commodity categories covered and team size. Annual and multi-year contract options available with typical enterprise agreements.

Pricing tiers

Go-to-market motion4 records

Distribution channels6 records

Marketing channels10 records

Core offering

Vesper is a SaaS commodity intelligence platform that provides FMCG procurement teams with proprietary price benchmarks (the Vesper Price Index), AI-powered price forecasts, recipe-based cost models, and a dairy trading marketplace. It aggregates data from verified market participants, exchanges, and industry sources to deliver independent price references, supply/demand tracking, and forward-looking forecasts across dairy, cocoa, grains, oils, sugar, and other agricultural commodities.

Product overview

Vesper is a commodity intelligence platform offering a unified SaaS solution with multiple integrated modules. The core platform centers on the Vesper Price Index (VPI) for proprietary commodity benchmarks, powered by AI Vesper for forecasting and the Commodity Copilot for natural language market queries. Users access data through the Dashboard, API, Mobile App, and Vesper for Excel plugin. The platform provides end-to-end coverage including Spot Prices, Historical Prices, Forward Prices, and Futures data across commodity categories (Dairy, Cocoa, Grains, Oils & Fats, Sugar, Meat, Poultry, Fish, Eggs, and more). Additional modules include Supply & Demand analysis, Import & Export tracking, Market Analyses, Cost Models, and the Vesper Marketplace for dairy trading. The architecture is modular, allowing users to purchase data access, API integration, and analytical tools either separately or as an integrated suite.

Differentiator

Problem solved

Functional benefit

Products and services

• Vesper Price Index (VPI) Proprietary commodity price benchmark index providing independent, unbiased price references across agricultural commodities including dairy, grains, oils, cocoa, and sugar, using peer-validated data from real market participants.
• AI Vesper AI-powered forecasting engine that provides price predictions with 95%+ directional accuracy for 30-day forecasts, analyzing millions of data points to identify optimal buying windows for commodity procurement teams.
• Commodity Copilot AI chatbot assistant that answers market questions with sourced answers drawn exclusively from Vesper's verified database of prices, forecasts, and expert analysis, with full source citations.
• Vesper Marketplace Dairy marketplace enabling spot purchases and forward contracts with verified partners, price comparisons against benchmarks, and fast market execution for dairy producers.
• Vesper API Public API enabling direct real-time data integration with enterprise systems including SAP, Oracle, and Microsoft Dynamics for syncing purchase data and tracking performance metrics.
• Vesper for Excel Native Excel plugin that allows users to access market data, sync purchase data, and track performance metrics directly within Excel spreadsheets.
• Vesper Mobile App Mobile application available on iOS and Android providing on-the-go access to commodity prices, alerts, and market intelligence.
• Cost Models Recipe-based cost modeling tools that calculate total unit prices for food products based on ingredient shares, market prices, and non-ingredient costs such as energy, labor, overhead, and profit margin.

Quantifiable outcome

• 15-30% cost reduction on commodity purchases through better timing and strategic purchasing decisions
• +4 more outcomes

Named customers15 records

Segments10 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability4 records

Feature6 records

Partnerships

One partnership is on record.

• EuronextcoreTechnology or IntegrationEuronext partnership provides exchange-level data integration for commodity price benchmarks. Vesper references Euronext as a data source under their Data & Methodology section, indicating a data licensing or integration relationship for market price information.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Mintec: Mintec provides commodity price benchmarks and procurement intelligence for food ingredients and agricultural commodities, with a similar SaaS model targeting the same FMCG procurement buyer persona as Vesper. Highly overlapping in dairy, grains, oils, and packaging coverage.
• Fastmarkets: Fastmarkets provides commodity price benchmarks, forecasts, and market intelligence for agriculture, metals, and forest products. It directly competes with Vesper in agricultural commodity benchmarks and serves similar FMCG and trading customers.
• Gro Intelligence: Gro Intelligence is a data and analytics platform focused on agricultural commodities, offering forecasts, weather data, and supply/demand modeling. It targets similar enterprise buyers (food companies, traders, governments) and competes head-to-head on AI-driven agricultural commodity intelligence.
• Urner Barry: Urner Barry is a long-established provider of food commodity price reporting (meat, poultry, seafood, eggs, dairy) serving procurement professionals. It directly overlaps Vesper's dairy, meat, poultry, fish, and egg coverage with a benchmark-based subscription model.
• Kpler: Kpler provides commodity data and analytics across soft commodities, energy, and metals, with AI-driven insights on trade flows. It overlaps with Vesper on soft commodities (cocoa, sugar, grains) and shares a SaaS/API delivery model targeting procurement and trading desks.

Broad incumbents

• S&P Global Commodity Insights (Platts): S&P Global Commodity Insights is a long-established benchmark and analytics provider covering energy, agriculture, metals, and petrochemicals. While much broader than Vesper, it serves the same enterprise procurement teams with commodity pricing data and is increasingly layering in AI-driven analytics.
• LSEG Workspace (formerly Refinitiv Eikon): LSEG Workspace is a broad financial and commodity data terminal with extensive agricultural commodity coverage and AI features. While much wider in scope than Vesper, it competes for the same procurement-department software budgets at large FMCG companies.
• Bloomberg Terminal: Bloomberg is the dominant financial and commodity data terminal used by FMCG procurement and treasury teams for commodity price tracking. While not specialized in food commodities, it competes at the wallet-share level for the same enterprise buyers Vesper targets.

Emerging players

• Crowdcast / Tellus (agri data): Tellus is an emerging SaaS platform providing agricultural commodity pricing and market intelligence for food and beverage procurement teams. It overlaps with Vesper's SaaS positioning for FMCG procurement buyers, though at an earlier stage.

Regional players

• EDF Man (Mintel food commodity data): EDF Man is a European-based provider of food commodity market data and analytics with strong dairy and ingredient coverage. It directly competes with Vesper in European FMCG procurement intelligence, particularly in dairy.

Market position

Strengths5 records

Weaknesses2 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@Vespercommodityhub
• LinkedInlinkedin.com/company/vespertool
• Xx.com/vespertool

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds2 records

Investors3 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 Vesper