Fundz

Saas Tool Procurement Platform Sastrify Raises $32 Million

PRIVATEMay 26, 2023

Amount Raised

$32 Million

Round Type

Funding Round

United StatesFinancial ServicesSoftwareFintechSaaS

Investors

FirstMark CapitalTriple Point CapitalHV CapitalSimon CapitalEndeit Capital

Description

Cologne’s Sastrify has raised $32 million in a Series B funding round. The platform helps finance and teams company-wide in optimising the management and cost of the SaaS tools they use on a daily basis. The new funds are slated to be used to help grow the company scale and grow its team numbers, with a particular focus on the US and European markets. Since late December of 2020, the company has raised a total of $55.2 million.

Quick answer

Sastrify raised $32 Million in a Funding Round round, dated May 26, 2023. Investors: FirstMark Capital, Triple Point Capital, HV Capital, Simon Capital and Endeit Capital. Sastrify is based in United States.

How much did Sastrify raise?
Sastrify raised $32 Million in a Funding Round round on May 26, 2023.
Who invested in Sastrify?
FirstMark Capital, Triple Point Capital, HV Capital, Simon Capital and Endeit Capital are named as investors in this round.
What does Sastrify do?
The platform helps finance and teams company-wide in optimising the management and cost of the SaaS tools they use on a daily basis.
Where is Sastrify based and how big is it?
Sastrify is based in United States.
Who are the decision-makers at Sastrify?
Fundz holds 1 contact at Sastrify. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

Companies in the same sectors as Sastrify that raised within 45 days of this round, from Fundz verified event records.

  • Dougs raised $27M (Funding Round) on July 5, 2023.
  • Gappify, Inc. raised an undisclosed amount (Series B) on May 1, 2023.
  • Streamex Corp. raised $1.7M (Seed) on June 30, 2023.
  • Omnevue raised $3.1M (Seed) on June 22, 2023.
  • Truework raised $24M (Funding Round) on June 14, 2023.
  • Omnevue raised $3.1M (Seed) on June 13, 2023.

Who to call at Sastrify, and when

A new round usually means Sastrify is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Sastrify raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Sastrify, from your own LinkedIn network

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Company Information

Company

Sastrify

Location

United States

About

The platform helps finance and teams company-wide in optimising the management and cost of the SaaS tools they use on a daily basis. Since late December of 2020, the company has raised a total of $55.2 million. Likewise, the platform also flags underperforming contracts and offers optimised solutions as well as handling any renewals.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.