Sastrify

SoftwareSeries BCologne, Germanysastrify.com

Latest round

Series B

Last raised

Nov 2023

Total raised

$47M

Investors

12

About Sastrify

Founded in 2020, Sastrify GmbH is headquartered in Cologne, Germany, and operates as a software management platform. The company was co-founded by Maximilian Messing and Sven Lackinger, who have prior entrepreneurial experience.Sastrify's primary offering is an AI-driven software management platform designed to provide comprehensive visibility and control over an organization's IT ecosystem. It addresses challenges like Shadow IT exposure, compliance automation, and software waste elimination, thereby facilitating intelligent spend management.Sastrify generates revenue primarily through a subscription-based model, where clients pay for access to its software management platform. This transactional structure typically involves tiered pricing based on the number of software licenses managed or the scale of services utilized, enhancing the value proposition through partnerships. The company is focused on launching new products and expanding into additional markets, with specific plans targeted for the upcoming year. This growth strategy aims to enhance service delivery and broaden its client reach in Europe and North America.

Who invested in Sastrify

12 investors across 5 rounds

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Funding rounds

  1. Series B

    Nov 30, 2023

    Amount

    Undisclosed

    Investors

    Locked

  2. Series B

    May 8, 2023

    Amount

    $22M

    Investors

    Locked

  3. Series A

    Jan 12, 2022

    Amount

    $17M

    Investors

    Locked

  4. Seed

    Sep 15, 2021

    Amount

    $7M

    Investors

    Locked

  5. Seed

    Nov 13, 2020

    Amount

    $1.3M

    Investors

    Locked

Questions about Sastrify

Who invested in Sastrify?

Sastrify has 12 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Sastrify raised?

Sastrify has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Sastrify last raise money?

Sastrify's most recent round on record is a Series B, in Nov 2023.

What does Sastrify do?

Founded in 2020, Sastrify GmbH is headquartered in Cologne, Germany, and operates as a software management platform.

Where is Sastrify headquartered?

Sastrify is headquartered in Cologne, Germany.

Which VCs invest in companies like Sastrify?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Sastrify's stage. Their profiles are linked below.

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