Funding
Pre-seed · Enterprise software

Elevatry raises €3 million for strategic procurement AI

Bayern Kapital, H&Z and business angels backed the Munich startup’s pre-seed round.

By RoundOS Funding desk

Elevatry announced €3 million in pre-seed financing on October 15, shortly after its platform went live on September 28. The company’s founders are Heiko Schwarz, Christian Ruck and Tizian Ruck.

The funding will support product development, hiring and entry into the DACH and EU markets. Its AI Companions prepare supplier research, cost analysis and negotiation scenarios, with procurement teams controlling approvals and final decisions.

Use of funds

Platform development

Engineering and AI hiring

DACH and EU market entry

Funding history

Pre-seed · This round€3M

Sources

  1. German AI startup Elevatry secures €3 million to automate procurement workflowseu-startups.com · Oct 15, 2026
  2. Elevatry funding announcementelevatry.ai · Oct 15, 2026

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