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Mercanis

Technology (Procurement Software) ~220 employees
Founded
--
Employees (Est.)
~220
11 leaders known
Total Funding
$10.0M
Funding Rounds
1
Last Funding
2023-08-17

About Mercanis

Mercanis is a company focused on shaping the future of procurement through an AI-powered procurement suite. Their mission is to address inefficiencies in procurement by providing a unified platform for direct and indirect sourcing, supplier relationship management (SRM), and contract management, ultimately aiming to save time, reduce costs, and improve transparency and decision-making.

Products & Services

Mercu AI:An AI-driven procurement solution for intelligent automation, enabling faster and smarter procurement decisions by automating workflows and identifying optimal suppliers.
Sourcing:A tool to simplify and automate procurement processes, redesign supplier interactions, and coordinate purchasing actions across operations.
Supplier Management (SRM):A platform for effective supplier identification, assessment, and management, centralizing information and agreements for clarity and structure.
Spend Analysis:A solution to analyze spending patterns and optimize procurement strategies.
Contract Management:A system to streamline the creation, negotiation, and management of contracts, centralizing data for better visibility and compliance.
Supply Chain Act (LkSG) Software:A tool to support compliance with the German Supply Chain Act, addressing relevant obligations and requirements.

Specialties

AI-driven procurement Supplier Relationship Management (SRM) Strategic Sourcing Contract Management Spend Analysis Supply Chain Compliance

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Seed
T: -
FT: Seed
A: 10000000
MR: -
FA: $10M
FAN: 10000000
D: 2023-08-17
FD: 2023-08-17
7 investors
Seed Latest
2023-08-17
$10.0M
7 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

F

Fabian Heinrich

CEO & Co-Founder

M

Moritz Weiermann

COO & Co-Founder

M

Mathias Ockenfels

General Partner at Speedinvest

D

Daniel Kirchleitner

General Partner at Signals.VC

M

Matthias Roth

General Partner at Capmont Technology

D

Dr. Ulrich Piepel

Senior advisor Ariba & BCG, former CPO RWE

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Recent News

Mercanis Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

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Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Technology (Procurement Software)
Company Size
~220 employees (est.)

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Technology Stack

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