Interos
AI knowledge graph mapping supply chain risk for governments and companies.
On the record
Checkpoint: Break-even target and iQ predictive product adoption review
The call
Interos has real proprietary mapping depth and federal lock-in, but flat revenue, a halved workforce, and Exiger's federal AI push are testing whether that depth still pays off.
Interos builds a massive database of companies and their business relationships, mostly selling to the U.S. government and its allies to help them understand supply chain risks. The company built its database over 20 years, which is hard to copy from scratch, but artificial intelligence tools are getting better at building similar databases faster and cheaper, and a rival called Exiger just launched an AI-powered version aimed directly at Interos's government customers. The one thing that could save Interos is whether its new predictive AI product (called iQ, launched in April 2026) actually helps customers make better decisions and keeps them from switching to Exiger, but that product is brand new and unproven.
Why
01
AI pressure: Exiger (agentic AI, FedRAMP-authorized). Exiger ships agentic AI inside FedRAMP now, pitching directly into the federal accounts Interos depends on for renewals. Could AI do the core job? Only partly.
02
Bigger players: SAP Ariba / Oracle. SAP and Oracle move slowly but could bolt a native tier-2/3 risk module onto Ariba or Fusion and fold this niche into their suites. Could a giant copy it? Probably.
03
What protects it. A 20-year proprietary graph of 350-400M+ entities and federal BPA contracts that rivals can't quickly rebuild or underbid.
What would change this call
Interos hits or misses its self-set break-even milestone by end of 2026. Shows whether the cash-strapped $20M bridge bought enough runway or the company needs another raise.
Reports of federal agencies switching supply-chain risk contracts from Interos to Exiger. Would confirm Exiger is actually displacing Interos in its core government customer base.
Whether Interos's next funding round is a priced up-round or another insider bridge. A priced up-round signals outside investor confidence; another bridge signals valuation trouble.
Reports of federal agencies switching supply-chain risk contracts from Interos to Exiger. Would confirm Exiger is actually displacing Interos in its core government customer base.
Whether Interos's next funding round is a priced up-round or another insider bridge. A priced up-round signals outside investor confidence; another bridge signals valuation trouble.
Key numbers
- $20M follow-on raise from Blue Owl, Structural Capital
- ARR ~$34M, down from $39.7M reported in 2024
- Valuation still cited near $1B by trackers
Named risks
- Revenue plateaued near $34-40M ARR with conflicting figures across sources since 2024.
- Break-even target for end of 2026 unmet could force further cuts or another raise.
- Low employee morale after layoffs (6% CEO approval, June 2026) threatens delivery of AI roadmap.
- iQ predictive product unproven, launched only April 2026 with no adoption data yet.
- Heavy reliance on Five Eyes government and defense customers exposes revenue to federal budget shifts.
Rivals, as read in July 2026
| Rival | Direction | Evidence |
|---|---|---|
| Exiger | gaining on | FedRAMP-authorized Sep 2024, marketing agentic AI directly against Interos in federal accounts |
| SAP Ariba / Oracle | contesting | Slow-moving incumbents that could ship native tier-2/3 risk modules and erode commercial moat |
| Everstream Analytics, Resilinc, Prewave | contesting | Crowded supply chain risk peer set with no clear category leader as of 2026 |
Questions people ask
- Is Interos profitable in 2026?
- Not yet. Interos raised a $20M extension from Blue Owl Capital and Structural Capital that closed January 5-8, 2026, explicitly aimed at reaching break-even by end of 2026, per CEO Ted Krantz, indicating the company was still burning cash as of early 2026.
- Who founded Interos and when?
- Interos was founded in 2005 by Jennifer Bisceglie, who ran the company as CEO until April 2024 when Ted Krantz took over as CEO and she moved into the role of Founder and Executive Vice Chair.
- Is Interos a safe company to join right now?
- Mixed signal. Headcount fell from roughly 235 employees (Oct 2024) to about 167 by December 2024, and Glassdoor reviews from June 2026 show only 32% would recommend it to a friend and just 6% approve of the CEO, citing a 'brutal layoff.'
- Who is Interos's biggest competitor?
- Exiger is Interos's closest direct rival, especially in federal accounts. Exiger achieved FedRAMP authorization for its supply chain AI (announced September 2024) and markets agentic AI capabilities directly against Interos and Prewave in its own competitive materials.
- Could AI replace what Interos does?
- Interos's CEO Ted Krantz has publicly conceded that pure supplier-mapping is 'not a full new product' differentiator anymore, prompting the January 2026 raise to fund predictive AI (iQ, launched April 2026) before foundation models commoditize basic entity mapping.
- What is Interos's revenue as of 2026?
- Estimates vary by source: Latka cited $39.7M ARR for 2024, while ZoomInfo's mid-2026 estimate put it around $34M, suggesting revenue has plateaued after CEO Ted Krantz claimed 35% year-over-year growth in October 2024.
Timeline
- 2026-04-27Launched iQ predictive analytics platform integrating ERP data with knowledge graph
- 2026-01-08Closed $20M extension from Blue Owl and Structural Capital, targeting break-even by end 2026
- 2025-04-23Added to GSA's $919M SCRIPTS BPA via Carahsoft, opening federal procurement access
- 2024-12-18Headcount reported down to ~167 from ~235 peak, per Latka data
- 2024-10-29Launched Resilience Watchtower risk-intelligence feature
- 2024-10-24Closed ~$40M Series D growth investment led by Blue Owl Capital
- 2024-04-16Ted Krantz installed as CEO; founder Jennifer Bisceglie became Executive Vice Chair
- 2005-01Interos founded by Jennifer Bisceglie
Revision history
23 July 2026
First assessed. Losing its protection. The text above is fixed as of this date and is not edited afterwards.
In the same band
Sources
- Interos.ai lands $20 million to boost AI supply chain software (2026-01-08)
- Interos Venture Capital and Private Equity Financings (2026-01-05)
- Valuation, Funding Rounds & Stock Price (2026-04-20)
- Interos.ai - Overview, News & Similar companies (2026-07-06)
- Interos Stock Price, Funding, Valuation, Revenue & Financial Statements (2026-01-04)
- Interos Secures $40M Investment from Blue Owl Capital (2024-10-24)
- $39.7M ARR, $1B Valuation (2024-12-18)
- Supply chain startup Interos lands new customers, cash (2024-10-24)
- Interos Reports Record Growth, Appoints Ted Krantz as CEO... (2024-04-16)
- Companies using Interos in 2026 (2025-08-17)
- Supply Chain Risk Platform interos.ai Now Available on GSA's $919M SCRIPTS BPA... (2025-04-23)
- interos.ai Chosen for $919 Million GSA's SCRIPTS Contract... (2025-04-23)