Sastrify raised $15 million in a Series A funding round led by FirstMark Capital.

Sastrify, a Cologne, Germany-based startup developing SAAS automated platform used for helping other businesses with procurement and management of third-party services, announced closing series A funding round at $15 million.

The money was raised from investors led by FirstMark Capital, together with HV Capital and angel investors including DoorDash’s Gokul Rajaram, Zendesk’s Jeff Titterton, the founders of Billie, and the founders of sennder.

Sastrify, founded in 2020 by Maximilian Messing and Sven Lackinger, developed a Software-as-a-Service procurement solution, helping finance and tech teams to optimize SAAS tools in digital-first companies. The tool is a single platform that handles the entire lifecycle of enterprise SaaS, helping customers with a one-stop-shop where they can browse for new software and then follow a structured procurement process to get what they need in a flash, all at a best-in-market price. Customers include Gorillas, pleo, and sennde.

Sastrify previously raised capital funding of $7 million in a seed round backed by HV Capital in the summer of 2021.