As of September 2026, Latka tracks 2 strategic sourcing software companies with $5M–$10M in annual revenue. They have combined revenues of $11.4M and employ 7.8K people. They have raised $26.8M.
Every company below sells strategic sourcing software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.
Strategic sourcing software is a category of procurement technology designed to enhance and optimize the sourcing process for organizations. It automates various stages of the procurement lifecycle, including spend analysis, supplier management, and contract negotiation. By centralizing sourcing activities, these platforms enable procurement teams to streamline workflows, improve supplier collaboration, and gain insights into spending patterns. The primary use cases for strategic sourcing software include managing requests for proposals (RFPs), evaluating supplier bids, and monitoring supplier performance and compliance. Key features often include spend visibility, automatic bid comparison, supplier onboarding tools, and analytics dashboards that provide actionable insights. Typical users of these solutions include procurement teams, sourcing managers, and finance departments looking to improve efficiency and reduce costs in their purchasing processes.
Sorting: Highest -> Lowest
Showing 2 of 2 companies ranked by annual revenue.
United States
Operator of a production hub platform designed to simplify the process of supply chain. The company's platform utilizes data analytics to reinvent supply chain processes and eliminate the overcharge for factory utilization, enabling suppliers and manufacturers to manage, oversee production, and track in-depth product data from procurement to delivery of inbound goods.
New York, New York, United States
A leading provider of procurement solutions for enterprise and mid-sized customers.
Latka tracks 2 strategic sourcing software companies with $5M–$10M in annual revenue. Together they generate $11.4M in annual revenue and employ 7.8K people.
Anvyl is the largest, with $5.8M in annual revenue, founded in 2017.
The average strategic sourcing software company in this list makes $5.7M a year, across 2 companies with reported revenue.
Ranked by annual revenue, the leaders are Anvyl and Epiq Technologies.
The 2 strategic sourcing software companies with $5M–$10M in annual revenue tracked here have raised $26.8M in disclosed funding between them.
- The software must provide tools for spend analysis to identify cost-saving opportunities. - It should facilitate supplier management for tracking performance and compliance. - Must support the creation and management of RFPs and bids. - The solution should automate workflows to streamline sourcing activities. - Not just a procurement solution; it must include features specifically designed for strategic sourcing processes.
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