What is Archlet?
Founded in 2019 and headquartered in Zurich, Switzerland, Archlet operates within the procurement and sourcing software sector. The company's core offering is a user-centric platform designed to empower businesses to make more informed sourcing decisions with enhanced speed and efficiency. By focusing on the user experience, Archlet aims to streamline complex procurement processes, providing actionable insights that drive cost savings and strategic advantages for its clients. The company's commitment to innovation in sourcing technology positions it as a key player in the enterprise software market.
How much funding has Archlet raised?
Archlet has raised a total of $12.8M across 2 funding rounds:
Angel/Seed
$2.8M
Series A
$10M
Angel/Seed (2021): $2.8M with participation from Wingman Ventures, Senovo, La Famiglia, and Flavio Pfaffhauser
Series A (2021): $10M led by HV Capital
Key Investors in Archlet
Wingman Ventures
Wingman Ventures is a venture capital firm based in Switzerland that specializes in supporting founders by being their lead investor in initial financing rounds. The firm is composed of experienced entrepreneurs and operators who provide strategic and operational support to startups.
Senovo
Senovo is an early-stage venture capital firm that focuses on funding global B2B SaaS leaders from Europe, particularly in Seed or Series A fundraising rounds. The firm invests in enterprise software startups that specialize in process optimization, industry 4.0, and data-enabled solutions.
La Famiglia
La Famiglia is an early-stage venture capital fund that invests in technology companies across Europe and the US, focusing on those that enable or disrupt large industries. The fund is supported by prominent entrepreneurs who provide valuable market access, partnerships, and expertise to its portfolio companies.
What's next for Archlet?
The recent major strategic investment in Archlet signals a pivotal moment for the company, likely enabling accelerated product development, expansion into new markets, and a strengthened go-to-market strategy. With a foundation built on user-first design and data-driven decision-making, Archlet is poised to further solidify its presence in the competitive sourcing software landscape. Future growth will likely involve deepening enterprise integrations and enhancing its analytical capabilities to address the evolving needs of global supply chains. The company's trajectory suggests a focus on scaling operations and capturing a larger share of the procurement technology market.
See full Archlet company page
