Kodiak Hub Named Procurement Solution of the Year in 2025 SupplyTech Breakthrough Awards NEW YORK--(BUSINESS WIRE)--Kodiak Hub, an AI-driven supplier relationship management (SRM) platform, has been honored as the "Procurement Solution of the Year" by the SupplyTech Breakthrough Awards program. This prestigious recognition highlights Kodiak Hub's innovative SRM solution, which helps procurement teams streamline supplier data consolidation, automate risk management, and enhance supply chain performance. The SupplyTech Breakthrough Awards, conducted by the Tech Breakthrough organization, celebrate the top global companies, platforms, and technologies driving the future of supply chain and logistics. This year's awards attracted thousands of nominees from around the world, with winners chosen based on their innovation, impact, and potential to advance the industry. Kodiak Hub’s platform stood out for its modern approach to SRM, going beyond traditional compliance tracking and disjointed tools. It provides a fast, user-friendly solution that centralizes supplier data, automates risk management processes, and fosters collaborative supplier relationships. By leveraging real-time insights, Kodiak Hub empowers procurement teams to mitigate risks efficiently and cultivate lasting, sustainable partnerships. “We recognize that legacy procurement tools are ill-equipped for today's complex environment. They treat suppliers as entries in spreadsheets rather than valuable partners,” said Malin Schmidt, Founder and CEO of Kodiak Hub. “With Kodiak Hub, we aim to revolutionize this process. Our platform helps teams work faster, make smarter decisions, and lead with integrity. This award validates what our customers have long known: procurement is not just a back-office function but a critical driver of resilience, risk reduction, and genuine value.” Kodiak Hub serves over 80 companies that collectively manage more than 250,000 suppliers across 176 countries. Its flexible, modular design allows procurement, quality, and sustainability teams to integrate and scale the solution seamlessly. Recent success stories include significant improvements in supply chain visibility and risk mitigation for multiple clients. One client reported a 70% improvement in supplier performance metrics, while another achieved a 50% reduction in risk-related incidents. These results underscores the platform's effectiveness in transforming procurement operations. The accolade comes after a year of substantial growth for Kodiak Hub. In early 2025, the company secured a $6 million funding round led by Oxx, which will be used to expand into North America and continue investing in AI-powered risk and environmental, social, and governance (ESG) analytics. Founded in 2016 and headquartered in Stockholm, Sweden, Kodiak Hub operates across Europe and provides a cloud-based SRM SaaS designed to empower global procurement teams. The company's modular suite of SRM solutions offers plug-and-play capabilities, enabling buyers, category managers, and procurement teams to achieve both tactical and strategic business goals. Key features include automated supplier intake and qualification, performance monitoring, and innovative collaboration tools. In summary, Kodiak Hub is transforming how procurement teams manage supplier relationships, driving performance, predictability, and purpose in global supply chains. The company’s recent award and growth milestones reflect its cutting-edge approach and the growing importance of advanced SRM solutions in today’s interconnected business landscape.