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BMI Group

Arkestro's European Procurement Spend Hits $300M, Grows 93% Annually

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Arkestro's European Procurement Spend Hits $300M, Grows 93% Annually

Amsterdam – September 29, 2026 -- Nearly $300 million in European spend has now moved through Arkestro's predictive procurement platform, with regional volume growing 93% year over year, the company announced at DPW Amsterdam 2026.

Baseline spend in international procurement events surged 330% from 2024 to 2025

Arkestro projects a further 47% increase in 2026 as existing global customers extend the platform into additional European teams, categories and supplier networks. The company said the growth reflects enterprises seeking faster procurement decisions amid market volatility.

Platform users across Europe grew 78% year over year

Arkestro's buyer and supplier interactions now span 34 countries, and customers running completed European procurement events have generated approximately 10% average savings, the company said.