# Akirolabs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/akirolabs

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.akirolabs.com
- Total disclosed funding: $5M
- Latest round: Seed (May 15, 2023)
- Investors on record: 5

## About

Based in Berlin, Germany, and founded in 2021 by Michael Pleuger (CEO), Tim Ergenzinger, Christoph Flothmann, and Detlef Schultz, Akirolabs GmbH operates as a provider of an artificial intelligence-based platform for procurement. In January 2024, Akirolabs GmbH raised USD 5 million in seed funding co-led by D11Z.Ventures, High-Tech Gründerfonds, and Serpentine Ventures, with participation from OTB Ventures.

Akirolabs, an AI-powered SaaS platform, elevates procurement to a strategic business partner role by delivering a self-sufficient framework that can be tailored to different organizational demands. The platform promotes cooperation, uses AI, and integrates data from various sources, going beyond standard category management. With a focus on purpose and sustainability, the company redefines procurement as more than just a cost-cutting activity, gaining traction in the AI-driven procurement technology market.

The company plans to use the January 2024 funding to support the development of its SaaS product and artificial intelligence capabilities as well as its expansion.

## Funding rounds

- Seed, May 15, 2023, $5M — High-Tech Gruenderfonds, OTB Ventures, Serpentine Ventures, Thunderbird Ventures GmbH, D11Z.Ventures

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed
- OTB Ventures (https://capitalatlas.ai/funds/otb-ventures) — Seed
- Serpentine Ventures (https://capitalatlas.ai/funds/serpentine-ventures) — Seed
- Thunderbird Ventures GmbH — Seed
- D11Z.Ventures (https://capitalatlas.ai/funds/d11z-ventures) — Seed