Suplari, the developer of a procurement management platform, has raised $10.3m in a Workday Ventures-backed round.

US-based procurement analytics software developer Suplari has closed a $10.3m series A round that included Workday Ventures, the corporate venturing arm of enterprise management software provider Workday.

Venture capital firm Shasta Ventures led the round, which also featured Madrona Venture Group, Amplify Partners and Two Sigma Ventures, a branch of investment management firm Two Sigma.

Founded in 2016, Suplari markets cloud-based enterprise software that allows businesses to uncover efficiencies by probing their procurement transactions in real time.

The platform automatically…

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