Alpas Analysis: $125K Raised
What is Alpas?
Alpas provides AI-driven sourcing automation solutions, helping manufacturing companies efficiently find and benchmark suppliers for mechanical, electrical, and chemical parts and engineering services.
Employees
5
Founded
2020
Revenue
<$5 Million
Product Features & Capabilities
- Sourcing automation, AI-driven supplier search, 360° supplier view, procurement spend reduction, supplier performance insights, accurate supplier profiles, highly targeted search.
Pricing
- Free Plan: Limited features, unlimited messages and comments, up to 5 team members.
- Basic Plan (coming soon): $9.00 per user/month, includes all Free Plan features plus unlimited team members, recurring invoices, custom invoice templates, automatic receipt tracking, and priority support.
- Custo
How much Alpas raised
1 - $125K
August 29, 2023Lead Investor: Y Combinator, denkapparat
Who are the founders of Alpas
IP
Isabel Poppek
Co-Founder & CEO
NV
Nils Vollmer
Co-Founder
Market Focus
Alpas primarily focuses on the manufacturing industry, providing AI-driven sourcing automation solutions to help companies efficiently find and benchmark suppliers for mechanical, electrical, and chemical parts, as well as engineering services.
Competitors Overview
Alpas operates in the AI-driven sourcing automation market, primarily serving manufacturing firms. Its main competitors include:
- Conundrum: Specializes in AI data collection tools for the metals and mining industry, providing niche advantages in that sector.
- Transmetrics: Focuses on l
Investors
- Asia Venture Group
- Auxxo
- Brose Ventures
- Tim Marbach
- Y Combinator
Business Model
Subscription-based model with revenue from sourcing automation services and consulting fees.
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