Kloopify
Kloopify is a technology company.
Financial History
Kloopify has raised $2.0M across 1 funding round.
Frequently Asked Questions
How much funding has Kloopify raised?
Kloopify has raised $2.0M in total across 1 funding round.
Kloopify is a technology company.
Kloopify has raised $2.0M across 1 funding round.
Kloopify has raised $2.0M in total across 1 funding round.
Kloopify has raised $2.0M in total across 1 funding round.
Kloopify's investors include Black Tech Nation Ventures, Jenny Fielding, Scott Hartley.
Kloopify is a Pittsburgh-based procurement intelligence platform founded in 2020 that delivers AI-powered, SKU-level analysis of cost drivers, supply chain risks, environmental impacts, and ESG compliance.[1][2][5] It serves procurement teams in industries like hospitality, biotech, and manufacturing by integrating sustainability data into workflows, enabling data-driven negotiations, supplier engagement, and Scope 3 emissions tracking without manual surveys or added costs.[1][2][3][6] With $1.7M raised in seed funding (latest $1.5M two years ago), Kloopify has gained traction through partnerships like Eat'n Park and the Institute for Supply Management (ISM), positioning it as a challenger in the sustainable procurement market alongside EcoVadis and Altana AI.[1][6]
The platform solves key pain points: opaque price hikes from tariffs or materials, sustainability compliance amid regulations, and reactive forecasting by providing real-time insights from third-party data sources.[2][3] Early growth includes rapid client wins, such as a biotech firm achieving supply chain visibility in two weeks, and a Mosaic Score reflecting market potential despite recent financial dips.[1][3]
Kloopify was founded in 2020 in Pittsburgh, Pennsylvania, by Daniela Osio, an award-winning supply chain professional and current CEO, alongside a Chief Analytics Officer.[1][5][6] Osio identified a core gap in procurement—negotiating costs and sustainability "in the dark" without granular data on emissions, risks, or drivers—drawing from her practitioner experience to build a procurement-first solution.[2][6]
The idea emerged amid rising ESG demands and supply chain disruptions, evolving from a focus on emissions tracking (via shipping and distribution dynamics) into a full platform for cost visibility, AI insights, and compliance.[1][4][6] Pivotal early moments include joining Ascender's entrepreneur community and PGH Lab accelerator, a 2025 partnership with Eat'n Park analyzing supply chain sustainability, and ISM's 2024 alliance offering discounted access to 50,000+ members.[1][4][6]
Kloopify stands out in sustainable procurement through these key strengths:
Kloopify rides the sustainable procurement wave, fueled by regulatory pressures (e.g., CSRD, SEC climate rules) and corporate net-zero pledges demanding Scope 3 visibility.[1][3][6] Timing is ideal post-2020 disruptions, as AI and data platforms address the $1T+ annual supply chain spend managed by ISM's global community.[6]
Market forces favor it: exploding ESG tools market, where 80% of firms prioritize supplier sustainability but lack granular data; Kloopify's affordable, auditable analysis fills this for mid-market players vs. enterprise giants.[1][3] It influences the ecosystem by operationalizing sustainability—engaging suppliers proactively, automating insights, and partnering with accelerators like PGH Lab to boost regional tech hubs.[4][6]
Kloopify is poised for expansion by deepening AI for predictive forecasting and personalized strategies, targeting more ISM-like alliances and verticals like biotech.[3][6] Trends like AI-driven supply chain resilience and mandatory ESG reporting will accelerate adoption, potentially lifting its Mosaic Score amid funding momentum.[1]
As procurement shifts from reactive to strategic, Kloopify's data-to-strategy edge could evolve it into a category leader, turning spend visibility into a competitive moat for sustainability leaders—echoing its founding mission to empower teams negotiating with facts, not assumptions.[2]
Kloopify has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in February 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2023 | $2.0M Seed | Black Tech Nation Ventures, Jenny Fielding, Scott Hartley |