Keelvar Launches Intelligent Sourcing Bot for Air Freight Procurement
Summary
Developed as a no-code solution to work alongside procurement teams, Keelvar’s AI-enabled bots can set up and launch sourcing events within minutes, enabling buyers to be more agile and respond faster to market changes. This has led many shippers to discontinue contract rates and force buyers to spot bid via “mini tenders” to secure capacity. Keelvar is moving procurement forward with its best-in-breed software for intelligent sourcing optimization and automation, designed for easy adoption, scale, and productivity. Customers including Siemens, Logitech, Samsung, Coca-Cola, Novartis, DSV, Grupo Nutresa, Western Digital, and more are turning to Keelvar to advance their strategic sourcing journey spanning logistics, direct materials, and indirect spends. That momentum has resulted in Keelvar receiving $18 million in Series A funding in June 2020 and steady growth of its team worldwide, with headquarters in Cork, Ireland.
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