# Matchory

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

- Industry: Software
- Headquarters: Ulm, Germany
- Website: www.matchory.com
- Total disclosed funding: $8.3M
- Latest round: Seed (Sep 25, 2024)
- Investors on record: 3

## About

Based in Ulm, Germany, and founded in 2019 by CEO Aiko Wiegand, CTO Martin Konradi, and Nils Liskien, Matchory GmbH operates as a software development company that collects relevant information along the supply chain and make it centrally available for strategic sourcing, enabling autonomous procurement and bringing transparency to supply chains. In January 2025, Matchory GmbH raised EUR 6 million in venture funding led by new investor Capmont, with participation from returning investor Earlybird Venture Capital. Individuals and other unspecified investors also participated in the round.

The company provides an AI-powered supplier database for strategic sourcing, making supply chains transparent and resilient along with offering a competitive differentiator. The database has a wide range of features, including search and discover, analyze and compare, and collaborate and manage. The cloud-based and real-time supplier discovery feature enables buyers to search, analyze and manage suppliers worldwide.

Matchory generates revenues from the subscription of its product package, which includes supplier discovery at EUR 2,499 per year.

The company plans to use its proceeds from January 2025 funding to accelerate the technological capabilities of its platform and enhance its market presence across Germany and Europe.

## Funding rounds

- Seed, Sep 25, 2024, $6.7M — Earlybird, SlateNetwork GmbH, Capmont
- Seed, Aug 17, 2022, $1.6M — Earlybird

## Investors

- Earlybird (https://capitalatlas.ai/funds/earlybird) — Seed
- SlateNetwork GmbH — Seed
- Capmont (https://capitalatlas.ai/funds/capmont) — Seed