# Hivebuy

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

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.hivebuy.de
- Total disclosed funding: $1.7M
- Latest round: Seed (Feb 7, 2022)
- Investors on record: 4

## About

Based in Berlin, Germany, and founded in 2021 by CEO Bettina Fischer, and CTO Stefan Kiehne, Hivebuy GmbH offers cloud-based procurement software for medium-sized companies to process internal purchases and orders. In February 2022, Hivebuy GmbH raised EUR 1.5 million in venture funding from Cusp Capital.

Hivebuy GmbH provides procurement software that helps enterprises to simplify internal purchasing and ordering processes along with promoting compliance and transparency. In addition, the software offers multiple features, including request and tender, budget management and control, links departments, budgets, and release levels through a simple communication process, charts and analysis, assortments and catalogs, and interfaces and data export features.

## Funding rounds

- Seed, Feb 7, 2022, $1.7M — Tengelmann Ventures Management, Tiny Super Computer Investment Company, Smart Infrastructure Ventures, Jager Capital

## Investors

- Tengelmann Ventures Management (https://capitalatlas.ai/funds/tengelmann-ventures-management) — Seed
- Tiny Super Computer Investment Company (https://capitalatlas.ai/funds/tiny-super-computer-investment-company) — Seed
- Smart Infrastructure Ventures (https://capitalatlas.ai/funds/smart-infrastructure-ventures) — Seed
- Jager Capital — Seed