How it started
A trader who was tired of guessing.
Alexander Sterk spent seven years as a commodity trader, watching buyers and sellers negotiate without independent data. Prices were controlled, information was fragmented, and decisions were made on instinct more than intelligence.
In 2019, he left trading to build the platform he always needed. A single, independent source of truth for commodity prices, one that no supplier, no bank, and no broker could influence.
Today, Vesper serves procurement teams at Nestlé, Unilever, Cargill, Danone, and thousands of other companies. The Vesper Price Index is now the settlement benchmark for Euronext dairy futures. What started as one trader's frustration is becoming infrastructure for the global food industry.
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Our mission
"We connect commodity players with independent intelligence to make smarter decisions."
Alexander Sterk, Founder & CEO
Our journey
From one trader's idea to industry infrastructure.
Day one
Alexander Sterk founds Vesper in Amsterdam after seven years as a commodity trader. The insight is simple: buyers and sellers deserve the same independent data that only insiders had access to.
5,000+ users in the first year
Dairy buyers across Europe start using the platform daily. Word spreads fast when procurement teams realise they can challenge supplier quotes with data nobody can argue with.
Seed round and mobile launch
Vesper raises a €5 million seed round led by Slimmer AI, with angel investment from Adriaan Mol (founder of Mollie and MessageBird). The mobile app launches the same year, bringing price intelligence into the hands of traders on the move.
Sugar and oils coverage
The platform expands beyond dairy into oils, fats, and sugar, three of the most traded and volatile commodity categories in food manufacturing.
Series A: Keen Venture Partners and Piton Capital
Vesper closes a Series A round backed by Keen Venture Partners and Piton Capital. The team grows, coverage deepens, and companies like Nestlé, Unilever, Cargill, and Danone are using the platform every day.
20+ commodity categories
Coverage expands to grains, proteins, cocoa, packaging, meats, fish, and more, making Vesper the only independent platform that spans the full ingredient bill of materials for food and beverage manufacturers.
Euronext chooses the Vesper Price Index
Euronext announces new dairy futures contracts (Butter and SMP) to settle on the BMR-compliant Vesper Price Index. A major validation: the same index that helps buyers negotiate is now the backbone of European financial derivatives.
Life at Vesper
A team that takes the work seriously, not itself.
We're growing. Come build the future of commodity intelligence with us.
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