Keelvar

Keelvar is a prominent provider of strategic sourcing solutions and sourcing software in the procurement industry. Founded in 2012 and based in Cork, Ireland, the company focuses on optimizing strategic spending and automating procurement processes for businesses across various sectors. Keelvar's innovative solutions enhance cost savings, efficiency, and supplier engagement, catering to the evolving needs of its customers. The company has established itself as a leader in procurement technology through strategic partnerships and continuous innovation. Keelvar has received multiple awards for its contributions to the industry and has successfully expanded its presence in key global markets. With a total of $42 million raised in funding, Keelvar is positioned for ongoing growth and development under the leadership of CEO Alan Holland, who aims to improve procurement processes through advanced technology.

Information Technology & Services Cork, Ireland ~22 employees Private · Series B

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Employees
22
0% in the 3 months to Sep 2026
Revenue / employee
$1.1M
Revenue ~$24.6M
Total funding
$43M
Last round Series B, May 2022
12-month attrition
30.6%
Tech: 0%
H1B sponsor
NA

Headcount trend

Keelvar went from 25 employees in Oct 2024 to 22 in Sep 2026.

Org structure

Headcount by department

Operations6
Sales5
Finance3
Engineering3
Other2
Success2
Marketing1

Funding

  • May 2022 · Series B · $24M · 83North, Elephant, Mosaic Ventures
  • Jun 2020 · Series A · $16M · Elephant, Mosaic Ventures, Paua Ventures
  • Oct 2012 · Seed · $966K · ACT Venture Capital, Enterprise Equity Limited, Enterprise Ireland

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Keelvar FAQ

How many employees does Keelvar have?

Keelvar has about 22 employees, unchanged over the 3 months to Sep 2026.

What is Keelvar's revenue per employee?

Keelvar makes about $1.12M in revenue per employee, based on $24.6M annual revenue and 22 employees.

How much funding has Keelvar raised?

Keelvar has raised $42.99M in total funding; its latest round was Series B in May 2022.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.