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Globality company logo


Founded Year



Series E | Alive

Total Raised


Last Raised

$138.3M | 2 yrs ago

About Globality

Globality is building artificial intelligence tech that will enable mid-size and small businesses to play a greater role in driving the global economy.

Headquarters Location

8 Homewood Place

Menlo Park, California, 94025,

United States


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Research containing Globality

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CB Insights Intelligence Analysts have mentioned Globality in 1 CB Insights research brief, most recently on Mar 22, 2023.

Expert Collections containing Globality

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Globality is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.


Unicorns- Billion Dollar Startups

1,215 items


Artificial Intelligence

10,627 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

Globality Patents

Globality has filed 1 patent.

patents chart

Application Date

Grant Date


Related Topics



Numbered minor planets, Named minor planets, Ontology, Natural language processing, Semantics


Application Date


Grant Date


Related Topics

Numbered minor planets, Named minor planets, Ontology, Natural language processing, Semantics



Latest Globality News

Globality’s 2023 Research Uncovers Eye-Opening Opportunities for CFOs of Global 2000 Companies to Cut Costs Amid Fear of Recession

Apr 19, 2023

April 19 2023 Globality’s 2023 Research Uncovers Eye-Opening Opportunities for CFOs of Global 2000 Companies to Cut Costs Amid Fear of Recession Globality , a leading enterprise AI company, has released its latest benchmark study, “2023 Research Insights for CFOs,” which is a wake-up call for Global 2000 companies to transform their outdated buying processes. The report highlights the urgent need for organizations to combat inflationary pressures with autonomous sourcing technology to cut costs and reduce operating expenses. The findings are based on surveys of global procurement leaders and suppliers across a broad range of industries, including financial services, technology, pharmaceuticals and life sciences, telecommunications, consumer goods, and retail among others. The research found 82% of procurement leaders say their indirect spend is not well managed during the sourcing process, leaving substantial cost savings on the table. Indirect spend is estimated to equal 20% to 40% of revenue, and is usually recorded under Selling, General and Administrative expenses (SG&A). In a typical Global 2000 company, this translates into costs amounting to billions of dollars. Despite this, many organizations mistakenly assume that they have their indirect spend under control, whereas the actual situation is often very different. While finance executives are already struggling to keep a lid on rising costs, the study reveals that two-thirds of suppliers (68%) report increased demand for their offerings compared to the past year and nearly half (43%) are planning to increase prices in 2023. “These findings highlight an important lesson that is constantly being ignored – that current procurement processes are archaic and inefficient,” said Joel Hyatt, Globality Co-Founder, Chairman and CEO. “The big legacy software companies have not invested in technological innovation for decades. With the new corporate imperative to cut costs and reduce OPEX, companies must implement proven autonomous technology that saves money on day one.” People In This Post Fintech Fintech Fintech Funding Funding

Globality Frequently Asked Questions (FAQ)

  • When was Globality founded?

    Globality was founded in 2015.

  • Where is Globality's headquarters?

    Globality's headquarters is located at 8 Homewood Place, Menlo Park.

  • What is Globality's latest funding round?

    Globality's latest funding round is Series E.

  • How much did Globality raise?

    Globality raised a total of $310.3M.

  • Who are the investors of Globality?

    Investors of Globality include SoftBank , Sienna Investment Managers, Al Gore, John Joyce, John Danilovich and 17 more.

  • Who are Globality's competitors?

    Competitors of Globality include apadua and 2 more.

Compare Globality to Competitors

Procurify Logo

Procurify provides a spend management solution for organizations of all sizes. It offers features allowing users to organize all their purchasing and spending documents in one place. It serves technology, healthcare, biotechnology, manufacturing, education, and other sectors. It was founded in 2012 and is based in Vancouver, Canada.

Precoro Logo

Precoro offers procurement software and cloud-based spend management software for small and mid-size businesses. The company's product offers features such as purchase requests, purchase orders, approval workflow, budget management, reporting, and more. The company was founded in 2014 and is based in Brooklyn, New York.

Tealbook Logo

TealBook transforms the supplier data market to empower the digital enterprise. It offers supplier data foundation, corporate spend initiatives, supplier discovery, and environmental, social, and governance (ESG) reporting. The company was founded in 2015 and is based in Toronto, Canada.

Silex Logo

Silex provides a sourcing platform. The platform offers to source and manage service providers, and collaborate on projects. It was founded in 2014 and is based in Gentilly, France.

Coupa Software Logo
Coupa Software

Coupa Software provides cloud solutions that help employees make better decisions. It provides a suite of cloud applications for finance, including procurement, expense management, and accounts payable. The platform offers solutions in procurement, finance, and supply chain that serve in the automobile, banking, investment, business services, and healthcare sectors. The company was founded in 2006 and is based in San Mateo, California.

Keelvar Logo

Keelvar offers an platform to optimize and automate sourcing decisions. Its solutions combine intuitive sourcing optimization with artificial intelligence (AI)-powered automation. It was founded in 2012 and is based in Cork, Ireland.

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