# Mercanis: Information technology & services, Berlin, Germany

> Mercanis: Mercanis is a Berlin-based artificial intelligence company that specializes in procurement solutions. Based in Berlin, Germany. Founded 2020.

Source: https://millionrounds.com/startup/mercanis (Millionrounds; every figure on the page links to its filing or article)

Germany · [Information technology & services startup](https://millionrounds.com/companies)

# Mercanis

Mercanis is a Berlin-based artificial intelligence company that specializes in procurement solutions.

Funding reported Last round: Seed

Information technology & services Berlin, Germany

Company summary

- **Founded:** 2020 6 years old
- **Team:** 83 51 to 200 people
- **Funding reported:** 19.9M as listed, currency not stated
- **Last round:** Seed Aug 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Mercanis has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Mercanis

Mercanis is a Berlin-based artificial intelligence company that specializes in procurement solutions.

Founded in September 2020 by Fabian Heinrich, Moritz Weiermann, Juan Vidal, and Satya Kamal Raparthi, Mercanis offers the AI Procurement Platform, which automates and optimizes the entire source-to-contract (S2C) lifecycle using over 55 autonomous AI agents. The platform is available as a standalone system or as an AI layer integrated into existing procurement landscapes. The Mercanis platform features four key modules: Sourcing (RFx) for automating sourcing events, Supplier Management (SRM) for overseeing supplier activities, Contract Management for handling contracts, and Spend Analytics for providing insights into cost-saving opportunities. The company's target market includes B2B clients in the indirect procurement sector, with notable clients such as Linde, Wilson, and Kellux. Mercanis has raised nearly $30 million in funding and is recognized as one of Europe's leading digital procurement suites.

## What company datasets say Mercanis raised

Funding, as reported

Reported in all **19.9M** in the source's currency

Rounds **3**

Last round **Seed**

Last round size **20M**

Last round date **Aug 2023**

Investors listed **11**

## Founders and team

From Mercanis's own website: 4 on the team.

- **Marcel Schröder** Head of Strategic Purchasing at Oventrop
- **Marius Falk** Head of Procurement at Schill +Seilacher"Struktol"
- **Sven Novak** Head of Indirect Procurement at Amer Sports
- **Uwe Krepelin** Head of Procurement at GASAG

## On 3 portfolio pages

Investors who name them

- [Deutsche Invest capital Partners](https://millionrounds.com/fund/deutsche-invest-capital-partners)
- [Capmont](https://millionrounds.com/fund/capmont)
- [DI Kapital](https://millionrounds.com/fund/di-kapital)

Each firm lists Mercanis on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

professional services information technology & services vendor management beschaffung s2c einkauf saas lksg professional training & coaching artificial intelligence strategic procurement supplier management machine learning esg it services ai

Built with from their website

Docker HubSpot Sales Hub Amazon DynamoDB Google Tag Manager Boomi Amazon CloudFront HREF Lang AWS Trusted Advisor Atlassian Linkedin Insight Tag

+8 more

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- **Sector:** Information technology & services
- **Industry code:** NAICS 513210, SIC 7372
- **Region:** Berlin
- **Revenue:** 1.3M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/mercanis)

## Information technology & services in Germany

Startups like it

- [**Helsing** Munich · founded 2021 *Raised*](https://millionrounds.com/company/helsing)
- [**Parloa** Berlin · founded 2018 *Raised*](https://millionrounds.com/company/parloa)
- [**Black Forest Labs** Freiburg · founded 2024 *Raised*](https://millionrounds.com/company/black-forest-labs)
- [**n8n** Berlin · founded 2019 *Raised*](https://millionrounds.com/company/n8n)
- [**Sereact** Stuttgart · founded 2021 *Raised*](https://millionrounds.com/company/sereact)
- [**osapiens** Mannheim · founded 2018 *Raised*](https://millionrounds.com/company/osapiens)
- [**RobCo** Munich · founded 2020 *Raised*](https://millionrounds.com/company/robco)
- [**Noxtua** Berlin *Raised*](https://millionrounds.com/company/noxtua)

## Is this your company?

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