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Elevatry Raises €3M Pre-seed

Munich-based software startup Elevatry raises €3 million in a pre-seed round to scale its AI-native platform for strategic procurement.

Ben Murray profile image
by Ben Murray
Elevatry Raises €3M Pre-seed

Elevatry Raises €3M Pre-seed

Elevatry, based in Munich, Germany, is an AI-powered platform designed for strategic procurement. The company has announced the closing of a €3 million pre-seed funding round.

Investors

Participants in the round include Bayern Kapital, the management consultancy H&Z, and several business angels, including Jan Henner-Theißen, Martin Berr-Sorokin, Mike Simon, Markus Ehrle, Andreas Junck, and Alexander Bruehl.

Elevatry Use of Funds

Elevatry plans to use the new capital to continue the development of its AI platform and companion portfolio. Additionally, the company will scale its team across engineering, AI, marketing, and customer support, while initiating go-to-market activities in the DACH region and the EU, with future plans for expansion into North America.

About Elevatry

Founded in 2026 by Heiko Schwarz, Christian Ruck, and Tizian Ruck, Elevatry provides an agentic AI platform that assists procurement teams with complex, knowledge-intensive tasks throughout the source-to-contract process. Its AI companions handle research, scenario assessments, and negotiations to optimize strategic purchasing outcomes.

Funding Details

Company Website: https://elevatry.ai

Company: Elevatry
Raised: €3M
Round: Pre-seed
Funding Date: October 15, 2026
Additional Investors: Bayern Kapital, H&Z, Jan Henner-Theißen, Martin Berr-Sorokin, Mike Simon, Markus Ehrle, Andreas Junck, Alexander Bruehl
Company Website: https://elevatry.ai
Software Category: Procurement Software
Source: https://www.elevatry.ai/blog/elevatry-pre-seed-finanzierung-3-mio-euro/

Ben Murray profile image
by Ben Murray

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