Who founded Sastrify?

Sastrify was founded by Maximilian Messing, Sven Lackinger.

Who are Sastrify's investors?

Sastrify's investors include Endeit Capital, FirstMark Capital, Simon Capital, HV Capital, Reimann Investors, TriplePoint Capital.

How much funding has Sastrify raised?

Sastrify has disclosed $30M raised across 1 round.

Sastrify

6 known investors

Find your way into Sastrify

438 people in our graph share verified history with the Sastrify team — schools, employers, funds. One of them is your warm intro.

Wes Longunlockedknows Maximilian Messing · together at Darla Moore School of Business at the University of South Carolina (overlapped)

×5knows the team · via Booz & Company

×5knows the team · via WHU – Otto Beisheim School of Management

knows the team · via confluentes e. V. – The student's consultancy at WHU

Sastrify provides an AI-powered platform that helps IT, Finance, and Procurement teams discover all software applications in use, automate license management, and control software spend. The platform offers visibility into software ecosystems, prevents duplicate spending, manages contracts and renewals, and maintains compliance with regulations like the EU AI Act and DORA.

AI & Machine Learning Developer Tools Enterprise Software SaaS

Founders & leadership

Maximilian Messing inFounderMaximilian Messing is the founder of Sastrify, a software platform that uses artificial intelligence to help organizations discover and manage software applications, automate license management, and optimize software spending while maintaining regulatory compliance. He has co-founded multiple companies focused on automating complex operational processes.

Sven LackingerFounder

Investors · 6

Endeit CapitalAmsterdam · $3.2M – $8.6M

FirstMark CapitalNew York · $500K – $8M

Simon CapitalDüsseldorf · $540K – $10.8M

HV CapitalreportedMunich, Bavaria · $540K – $54M

Reimann InvestorsreportedMunich

TriplePoint Capitalreported · 2 sourcesMenlo Park · $250K – $10M

Funding

SEC filings, press & company announcements

$30M disclosed across 1 round · 2023

$30MSeries BMay 2023 · 4 sources
Endeit Capital (lead), FirstMark Capital, HV Capital, Simon Capital, TriplePoint Capital
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Sastrify's strategic expansion - PL Talentspl-talents.com · Dec 2023

SaaS tool procurement platform Sastrify raises $32 million - Tech.eutech.eu · May 2023

Cologne-founded Sastrify raises €30 million in Series B funding to global scale its team on Europe and the US | EU-Startupseu-startups.com · May 2023

Sastrify, the Next Generation Platform For Buying and Managing SaaS Subscriptions, Raises $32 Million Series Bprnewswire.com · May 2023

Sastrify Raises $32M in Series B Fundingfinsmes.com · May 2023

Sastrify Competitive Intelligence & Landscape | ForesightIQforesightiq.co

Frequently asked questions

What does Sastrify do?: Sastrify provides an AI-powered platform that helps IT, Finance, and Procurement teams discover all software applications in use, automate license management, and control software spend. The platform offers visibility into software ecosystems, prevents duplicate spending, manages contracts and renewals, and maintains compliance with regulations like the EU AI Act and DORA.
Who founded Sastrify?: Sastrify was founded by Maximilian Messing, Sven Lackinger.
Who are Sastrify's investors?: Sastrify's investors include Endeit Capital, FirstMark Capital, Simon Capital, HV Capital, Reimann Investors, TriplePoint Capital.
How much funding has Sastrify raised?: Sastrify has disclosed $30M raised across 1 round.